Common use of Risk Assessment Clause in Contracts

Risk Assessment. Each Party shall endeavor to adopt or maintain risk management systems that enable its customs authority to concentrate inspection activities on high risk goods and that simplify the clearance and movement of low risk goods.

Risk Assessment. Each Party shall endeavor endeavour to adopt or maintain implement risk management systems that enable in its verification activities, respecting the confidential nature of the information in accordance with its laws, customs authority control to concentrate inspection activities focus on high high-risk goods and that simplify the clearance and facilitate the movement of goods and low risk goodsrisk.

Risk Assessment. Each Party shall endeavor to adopt or maintain risk management systems that enable its customs authority to concentrate inspection activities on high high-risk goods and that simplify the clearance and movement of low risk goods.simplify

Risk Assessment. Each Party party shall endeavor to adopt or maintain risk management systems in its verification activities that will enable its customs authority to concentrate its inspection activities focusing on high high-risk goods and that simplify facilitate the clearance and movement of low risk goodsgoods low-risk, respecting the confidential nature of the information obtained through such activities.