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:
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a) to review periodically the development of economic cooperation in all its relevant
aspects;
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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;
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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:
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- joint design, construction, modernization and expansion of industrial plant;
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- joint production and marketing;
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- 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.
