Page:United States Statutes at Large Volume 104 Part 6.djvu/962

 104 STAT. 5352 PRCKJLAMATION 6175—SEPT. 6, 1990 ARTICLE III.--GENERAL OBLIGATIONS WITH RESPECT TO TRADE 1. Trade shall be effected by contracts between nationals and companies of the United States and economic entities of Czechoslovakia concluded on the basis of non-discrimination and in the exercise of their independent commercial judgement and on the basis of customary commercial considerations such as price, quality, availability, delivery and terms of payment. 2. Neither Party shall require or encourage nationals and companies of the United States or Czechoslovakia to engage in barter or countertrade. ARTICLE IV.— E XP ANSION AND PROMOTION OF TRADE 1. The Parties affirm their desire to expand trade in products and services consistent with the terms of this Agreement. They shall take appropriate measures to encourage and facilitate the exchange of products and services and to secure favorable conditions for the long term development of trade relations between their respective nationals and companies. The Parties shall promote the development and diversification of their commercial exchanges to the fullest extent possible. 2. The Parties shall take appropriate measures to encourage the expansion of commercial contacts with a view to increasing trade. In this regard, the Government of Czechoslovakia expects that, during the term of this Agreement, economic entities of Czechoslovakia shall, consistent with commercial considerations, increase their purchases of products and services from the United States, while the Government of the United States expects that the effect of this Agreement will be to encourage increased purchases by nationals and companies of the United States of products and services from Czechoslovakia. Toward this end, the Parties shall publicize this Agreement and ensure that it is made available to all interested parties. 3. Each Party shall encourage and facilitate the holding of trade promotional events such as fairs, exhibitions, missions and seminars in its territory and in the territory of the other Party. Similarly, each Party shall encourage and facilitate the participation of its respective nationals and companies in such events. Subject to the laws in force within their respective territories, the Parties agree to allow the import and reexport on a duty-free basis of all articles for use in such events, provided that such articles are not sold or otherwise transferred. ARTICLE v. — BUSINESS FACILITATION 1. Each Party shall afford commercial representations of the other Party fair and equitable treatment with respect to the conduct of their operations. 2. Subject to its laws and procedures governing immigration and foreign missions, each Party shall permit the establishment within its terri-

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