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Article 12. Termination of This Agreement

Article 12.
Termination of This Agreement

 

12.1 If the issues which led to the suspension of this Agreement have not been resolved within a maximum period of 180 days, each Party may terminate this Agreement at 30 days' notice.

12.2 When the termination is notified, the consequences for the ongoing procurement and contracts and for such contracts to be signed shall be indicated.

12.3 Where the Programme cannot be implemented due to problems arising in relations between Participating Countries and in other duly justified cases, the Commission may decide to discontinue the Programme before the expiry date of the period of execution at the request of the Joint Monitoring Committee or on its own initiative after having consulted the Joint Monitoring Committee.