Original 2005 TPP Agreement - CARL - ABRC

PREAMBLE
The Governments of Brunei Darussalam, the Republic of Chile, New Zealand and
the Republic of Singapore, (hereinafter referred to collectively as the “Parties” or
individually as a “Party”, unless the context otherwise requires), resolve to:
STRENGTHEN the special links of friendship and cooperation among them;
ENLARGE the framework of relations among the Parties through liberalising
trade and investment and encouraging further and deeper cooperation to
create a strategic partnership within the Asia - Pacific region;
CONTRIBUTE to the harmonious development and expansion of world trade
and provide a catalyst for broader cooperation at international forums;
CREATE an expanded and secure market for the goods and services in their
territories;
AVOID distortions in their reciprocal trade;
ESTABLISH clear rules governing their trade;
ENSURE a predictable commercial framework for business planning and
investment;
BUILD on their respective rights and obligations under the Marrakesh
Agreement establishing the World Trade Organization and other multilateral
and bilateral agreements and arrangements;
AFFIRM their commitment to the Asia – Pacific Economic Cooperation
(APEC) goals and principles;
REAFFIRM their commitment to the APEC Principles to Enhance Competition
and Regulatory Reform with a view to protecting and promoting the
competitive process and the design of regulation that minimises distortions to
competition;
BE MINDFUL that economic development, social development and
environmental protection are interdependent and mutually reinforcing
components of sustainable development and that closer economic
partnership can play an important role in promoting sustainable development;
ENHANCE the competitiveness of their firms in global markets;
FOSTER creativity and innovation, and promote the protection intellectual
property rights to encourage trade in goods and services among the Parties;
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