Buy Garant Buy document Request demo Ask for the price Garant system
  • DOCUMENT

Article 57 Industrial cooperation

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.