Common use of Commercial presence Clause in Contracts

Commercial presence. In respect of activities for the provision of international maritime cargo transport and logistic services, including door-to-door multimodal transport operations, each Party shall permit the shipping companies of the other Party, to establish wholly-owned or jointly-invested subsidiaries, branch or representative offices and, as regards subsidiaries and branch offices to engage in economic activities, in accordance with its laws and regulations. Such activities include, but are not limited to:

Commercial presence. In respect of activities for the provision of international maritime cargo transport and logistic services, including door-door- to-door multimodal transport operations, each Party shall permit the shipping companies of the other Party, to establish wholly-wholly owned or jointly-invested subsidiaries, branch or representative repre- sentative offices and, as regards subsidiaries and branch offices to engage in economic activities, in accordance with its laws and regulations. Such activities include, but are not limited to:

Commercial presence. In respect of activities for the provision of international maritime cargo transport and logistic services, including door-to-door multimodal transport operations, each Party shall permit the shipping companies of the other Party, to establish wholly-wholly owned or jointly-invested subsidiariessubsidi­ aries, branch or representative offices and, as regards subsidiaries and branch offices to engage in economic activities, in accordance with its laws and regulations. Such activities include, but are not limited to:

Commercial presence. In respect of activities for the provision of international maritime cargo transport and logistic services, including door-to-door multimodal transport operations, each Party shall permit the shipping companies of the other Party, to establish wholly-wholly owned or jointly-invested subsidiaries, branch or representative offices and, as regards subsidiaries and branch offices to engage in economic activities, in accordance with its laws and regulations. Such activities include, but are not limited to:

Commercial presence. In respect of activities for the provision of international maritime cargo transport and logistic logistics services, including door-to-door multimodal transport operations, each Party shall permit the shipping companies of the other Party, to establish wholly-owned or jointly-jointly invested subsidiariessubsidiaries or branches, branch or representative offices and, as regards subsidiaries and branch offices to engage in economic activities, in accordance with its laws and regulationsnational law. Such activities include, but are not limited to:to the following, namely:-