FTAA definition

FTAA means Financial or Technical Assistance Agreement: a contract with the government of the Philippines involving financial or technical assistance by a company for large‐scale exploration and development of local mineral resources. Under this type of contract, the government is entitled to a share of the economic benefits accrued from the exploitation of the resource in the form of an excise tax, income tax and/or duties and fees. Generally this share will only be redeemed after a company has recouped its expenditures for exploration and development;

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FTAA means federal trade adjustment assistance under the federal trade adjustment assistance reform act of 2002, public law 107-210.

FTAA means Financial or Technical Assistance Agreement;

Examples of FTAA in a sentence

• Constructions for Mining and 1) Unbound* 1) Unbound* Modes of supply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence Manufacturing (5136**) Construction for large-scale mining development projects covered by Financial and Technical Assistance Agreements (FTAA) 2) None 3) Up to 100 percent foreign equity participation is allowed, provided that the requirements of the FTAA under the Philippine Mining Act (RA 7942) are met.

• Constructions for mining and manufacturing (5136**) Construction for large-scale mining development projects covered by Financial and Technical Assistance Agreements (FTAA) 1) Unbound* 2) None 3) Up to 100 percent foreign equity participation is allowed, provided that the requirements of the FTAA under the Philippine Mining Act (RA 7942) are met.

• The FTAA Secretariat shall communicate to the Parties whose candidates have been duly challenged for failing to meet the qualifications of Article 12 (Roster of Panelists).

• However, the terms of three of the seven persons appointed immediately after the entry into force of the FTAA Agreement shall expire at the end of two years, to be determined by lot.

• Such extension shall be for no more than fifteen (15) days unless otherwise agreed by the Parties.] [The Party to which the request is made may apply to the FTAA Secretariat or the Executive Body for Dispute Settlement for an extension of the period within which it must enter into consultations, provided that such extension shall not exceed [...] days.

• If an issue of interpretation or application of this Agreement arises, in a domestic judicial or administrative proceeding of a Party, that any Party considers would merit its intervention, or if a judicial or administrative body solicits the views of one of the Parties, that Party shall notify the FTAA Secretariat, which shall notify the other Parties.

• It entered into force on October 1, 2000 and will remain in ef- fect until September 30, 2008, or until the FTAA or another relevant free trade agreement enters into force.

• For such purpose, the FTAA Secretariat shall provide legal advice and assistance in respect of dispute settlement to developing country members.

• The FTAA Secretariat shall also conduct on a permanent basis special training courses on dispute settlement, so as to enable members’ experts to be better informed in this regard.

• When the Appellate Body considers that it cannot take its decision within sixty (60) days, it shall inform the Parties to the dispute through the FTAA Secretariat in writing of the reasons for the delay, together with an estimate of the period within which it will submit its report.

More Definitions of FTAA

FTAA means Free Trade Area of the Americas;