Taking into account their international obligations, the Contracting Parties shall encourage economic, industrial, agricultural and technical co-operation between interested enterprises, organisations and institutions in their countries.
To ensure the development of economic, industrial, agricultural and technical co-operation, a Joint Commission, composed of representatives of both Contracting Parties, is established. Representatives of interested economic organisations and enterprises may take part in its activities.
The Joint Commission convenes annually alternately in The Hague and in Prague, or at the request of either Contracting Party.
Its function shall be, amongst others:
a) to review periodically the development of economic cooperation in all its relevant aspects;
b) to undertake a review of, and to examine questions arising from the implementation of this Agreement and to submit to the Contracting Parties appropriate proposals;
c) to exchange views on further development of economic, industrial, agricultural and technical co-operation.
The Joint Commission may set up Special Working Groups to consider specific matters concerning economic co-operation. The Joint Commission will draw up the terms of reference of such Groups.
The Contracting Parties shall define through the Joint Commission, established in Article 2, fields in which they consider the development of co-operation to be useful. In defining these specific fields the Contracting Parties will particularly take into account their resources of, and their requirements for, raw materials, equipment, consumer goods, technology and other services.
Co-operation referred to in Article 1 of the present Agreement may take, amongst others, the following forms:
- joint design, construction, modernization and expansion of industrial plant;
- joint production and marketing;
- joint research and development of production processes, exchange of technical documentation, organisation of training schemes, exhibitions and consultations between experts.
Contracts on Economic, Industrial and Technical Co-operation shall be concluded between interested organisations and enterprises in both countries in conformity with the laws and regulations of either country.
As regards the Kingdom of the Netherlands, the present Agreement shall apply to the entire Kingdom, unless the Government of the Kingdom of the Netherlands notifies the Government of the Czechoslovak Socialist Republic to the contrary within a month after the entry into force of the present Agreement.
The present Agreement shall enter into force one month after the date on which the Contracting Parties have informed each other in writing that the procedures constitutionally required in their countries have been complied with. The Agreement will remain in force indefinitely.
Either Contracting Party may terminate this Agreement by denouncing it in writing to the other Contracting Party at a six months' notice.
Subject to the period mentioned in the preceding paragraph of this article, the Government of the Kingdom of the Netherlands shall be entitled to terminate the application of the present Agreement separately in respect of any constituent part of the Kingdom.
The expiration of the present Agreement shall not affect the validity of contracts which have been concluded under this Agreement.
IN WITNESS WHEREOF, the undersigned, being duly authorized thereto, have signed the present Agreement.
DONE in duplicate in The Hague, this 19th day of November 1975 in the English language.
For the Government of the Kingdom of the Netherlands
(sd.) M. VAN DER STOEL
For the Government of the Czechoslovak Socialist Republic
(sd.) ing. BOHUSLAV CHNOUPEK