Article 57
Industrial cooperation
1. Cooperation shall aim at promoting the following in particular:
- the development of business links between economic operators, including small and medium-size enterprises,
- the improvement of management on enterprise level,
- the process of privatization in the context of economic restructuring, and the strengthening of the private sector,
- efforts in both public and private sector, to restructure and modernize the industry, during the transition period leading towards a market economy and under conditions ensuring environment protection and sustainable development,
- the conversion of defence industries,
- the development of appropriate market-based commercial rules and practices as well as transfer of know-how.
2. Industrial cooperation initiatives shall take into account priorities determined by the Community and by Russia. The initiatives should seek in particular to establish a suitable framework for undertakings, to improve management know-how and to promote transparency as regards markets and conditions for undertakings.
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