The Contracting Parties agree to establish a Joint Committee on economic and technological cooperation. The Committee shall be composed of representatives to be appointed by the respective governments in connection with any meeting of the Committee. Experts and advisors from both private and public sectors may be called upon at the request of either side, to attend the meeting of the Committee.
The Committee shall:
- -discuss any matter pertaining to the implementation of the present Agreement, and make recommendations thereon;
- -explore and define sectors in which it considers the cooperation between the two countries may be broadened, and make recommendations thereon.
The Committee may appoint specialized working parties to deal with cooperation in particular sectors. The working parties shall report to the Joint Committee.
The Committee shall meet at the request of either Party to the Agreement.