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ARTICLES

LEGAL RESOURSES

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    • Article 102. Objectives

    1. The objectives of this Agreement, as elaborated more specifically through its principles and rules, including national treatment, most-favored-nation treatment and transparency, are to:

  • Eliminate barriers to trade in, and facilitate the cross-border movement of, goods and services between the territories of the Parties;

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  • Promote conditions of fair competition in the free trade area;

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  • Increase substantially investment opportunities in the territories of the Parties;

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  • Provide adequate and effective protection and enforcement of intellectual property rights in each Party's territory;

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  • Create effective procedures for the implementation and application of this Agreement, for its joint administration and for the resolution of disputes; and

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  • Establish a framework for further trilateral, regional and multilateral cooperation to expand and enhance the benefits of this Agreement.

    • 2. The Parties shall interpret and apply the provisions of this Agreement in the light of its objectives set out in paragraph 1 and in accordance with applicable rules of international law.