Free Trade. 1. A Free Trade Area is hereby established. The Area consists of Papua New Guinea and Australia.
Free Trade. Pursuant to R.C. 9.76(B) Contractor warrants that Contractor is not boycotting any jurisdiction with whom the State of Ohio can enjoy open trade, including Israel, and will not do so during the contract period.
Free Trade. The EC Treaty’s provisions on the OCT association deal mainly with the estab- lishment of an incomplete free trade area between the EC and the OCTs, with elements of a common market.34 The OCTs are not part of the territory of the Community, but they have more free access to it than third countries. Article 3, paragraph 1 (s) of the EC Treaty lists the association with the OCTs as one of the activities the EC will undertake ‘in order to increase trade and promote jointly economic and social development’. The purpose of the association is ‘to promote the economic and social development of the countries and xxxxx- tories and to establish close economic relations between them and the Com- munity as a whole’. Although according to the Court of Justice the EC takes ‘a fundamentally favourable approach’ towards the OCTs,35 this does not mean that the EC Treaty intends to integrate the OCTs into the European market or the customs union. The Court of Justice has remarked that such an interpreta- tion ‘goes far beyond what was envisaged by the Treaty’.36 Before the OCTs 33 Von der Groeben/Thiesing/Xxxxxxxxx 1999, p. 3/2096. The Netherlands government also considers that EU law as such does not apply to the Netherlands Antilles and Aruba, apart from Part IV of the EC Treaty, see Kamerstukken II 2003/04, 29 394, nr. 6, p. 14. Article 183, paragraph 5 of the EC Treaty provides an exception in that it declares the EC’s rules regarding freedom of establishment applicable to the OCTs. But this provision has been virtually annulled by the OCT Decision of 2001. Another exception is the Council Decision that introduced the euro as legal tender in Saint Pierre and Miquelon and Mayotte (31 December 1998, 1999/95/EC). These territories (which are more integrated with France than the other French OCTs) used the French franc before, and France wished to maintain this parallelism.
