May 30, 1969
AGREEMENT ON FORESTRY BETWEEN THE REPUBLIC OF THE PHILIPPINES AND THE REPUBLIC OF INDONESIA
Note; The Agreement entered into force provisionally, May 30, 1969.
Reference: This Agreement is also published in VIII DFA TS No. 1, p. 67.
THE GOVERNMENT OF THE REPUBLIC OF THE PHILIPPINES and the GOVERNMENT OF THE REPUBLIC OF INDONESIA;
INSPIRED by a common desire to further strengthen their traditional ties and friendship;
CONCERNED with the urgent need to accelerate and enhance the economic development of their respective countries through the development of integrated forest-based industries;
CONSONANT with the BASIC AGREEMENT ON ECONOMIC AND TECHNICAL COOPERATION between the two countries and subject to each country's laws, rules and regulations;
DO HEREBY agree as follows:
The Government of the Republic of the Philippines and the Government of the Republic of Indonesia shall take appropriate measures to promote close cooperation between the two countries in the development of integrated forest-based industries and in the strengthening of the position of both countries in the marketing of forest products in world trade.
Both Governments shall endeavour to accelerate the development integrated forest-based industries by attaining the following objectives:
1. To facilitate to the fullest extent possible the free flow of investment into forest-based industries in both countries.
2. To ensure stability and continuity in the forestry policies and regulations of both countries, in order to provide a sound economic basis for the long range implementation of forestry development programs.
3. To promote price stability of their forest products in the world market through close consultation in their marketing and pricing policies and programs.
4. To promote and coordinate research programs, and to exchange research findings and other information in the fields of forestry, forest products, and marketing of forest products.
5. To establish joint programs for the improvement of knowledge and skills in forest-based industries.
In order to attain the objectives stipulated in Article II, the following measures shall be implemented:
1. Both Governments shall adopt procedures for the exchange of information on prospective investors.
2. Each Government shall give maximum consideration, facilities and protection to nationals and entities of the other country who invest in the field of forestry.
3. Each Government shall allow and facilitate the entry and employment of needed managerial, technical and skilled personnel from the other country as approved projects may require.
4. Regular consultations will be held on floor prices for logs and other forest products and on the promotion of international sales of such products.
5. Joint research programs shall be undertaken aimed at the improvement of quality, proper management of forest resources and optimum utilization of forest products.
6. Appropriate measures shall be taken jointly to lower freight rates.
7. Both Governments shall exchange information on forestry and on integrated forest-based industries.
8. Each Government shall assist the other in setting up education and training centers and both countries shall adopt an exchange program involving experts and trainees in the field of forestry and the management of forest-based enterprises.
The implementing actions set forth in the preceding Article shall be carried out whenever necessary through contracts or separate agreements con- eluded between appropriate Indonesian and Philippine entities, both public and private, in which the scope and terms of mutual rights and obligations shall be established.
In accordance with the provisions of the Basic Agreement on Economic and Technical Cooperation between the two countries, the governments of the Republic of the Philippines and the Republic of Indonesia shall respectively designate the Department of Commerce and Industry in Manila and the Ministry of Trade in Djakarta to serve as the coordinating and liaison agencies of each government with respect to the implementation of this Agreement.
This Agreement shall come into force provisionally on the day of its signing. It will come into force definitely upon an exchange of notes to that effect by the two Governments arid shall remain effective for a period of four years from the exchange of notes. It shall be considered automatically renewed for subsequent three year periods thereafter unless either Government gives written notice of its intention not to renew the Agreement, such notice to be given at least six months before the termination date.
IN WITNESS WHEREOF, the undersigned representatives, duly authorized by their respective Governments, have signed the present Agreement.
DONE and signed in two copies each in the English language, both texts being equally authentic in the City of Manila, on the 30th day of May 1969.
|FOR THE GOVERNMENT OF THE||FOR THE GOVERNMENT OF|
(Sgd.) ROMAN A. CRUZ, JR.
(Sgd.) MOHAMMAD SISMAN
Undersecretary of Finance and
Secretary General for Trade and
Chairman, Philippine Panel to the
Chairman, Indonesian Panel to the
RP-RI Joint Commission on
RI-RP Joint Commission on
Source: Supreme Court e-Library