AKAI definition
Examples of AKAI in a sentence
However, work on the AK-AI continues as ASEAN and Korea pursue the completion of built-in-agenda items which include the development of market access commitments or schedules of reservations.
The ASEAN-Korea Agreement on Investment (AK-AI), signed on 2 June 2009, aims to provide for a transparent, facilitative and a more secure environment for ASEAN and Korean investors and their investments.
Major components of the AK-AI are the protection elements which include provisions on fair and equitable treatment and full protection and security of covered investments; transfers of funds relating to covered investments; and compensation in the event of nationalisation or expropriation of covered investments.
Party B shall set national uniform retail price based on general distributing price of Party A (confidential) which would not be violation of Unfair Competitive Law of People’s Republic of China for maintaining good standing of AKAI IT/ Learning Product.