COUNCIL AND COMMITTEES

The model for monitoring and implementing the Vietnam-UAE CEPA Agreement includes the following main components: the Joint Committee and subcommittees, working groups, and other agencies of each Party.

1. Joint Committee

1.1. Composition

The Joint Committee shall consist of relevant government officials of each Party and shall be co-chaired by senior officials of both Parties.

1.2. Main Functions

The Joint Committee shall have the following functions:=

(a) to review and monitor the implementation and operation of this Agreement;

(b) to supervise and coordinate the work of all committees, subcommittees and working groups established under this Agreement;

(c) if requested by either Party, to propose mutually agreed interpretation to the provisions of this Agreement to be adopted by the Parties;

(d) to adopt decisions or make recommendations as envisaged by this Agreement; and

(e) to carry out any other functions as may be agreed by the Parties

In addition, the Joint Committee may:

(a) establish standing or ad hoc subcommittees or working groups and assign any of its powers thereto;

(b) consider and recommend to the Parties amendments to this Agreement.

1.3. Working Mechanism

- Unless the Parties agree otherwise, the Joint Committee shall meet within one year from the entry into force of this Agreement and every two years thereafter, to consider any matter relating to this Agreement. The regular sessions of the Joint Committee shall be held alternately in the territories of the Parties.

- The Joint Committee shall promptly hold special sessions from the date of a request thereof from either Party, unless the Parties agree otherwise.

- All decisions of the Joint Committee shall be taken by mutual agreement. 

- The Joint Committee shall establish its own rules of working procedures.

- Meetings of the Joint Committee and of any standing or ad hoc subcommittees or working groups may be conducted in person or by any other means as determined by the Parties.

2. Subcommittees

2.1. Composition

The Parties shall establish the following subcommittees comprising representatives of both Parties:

(a) Subcommittee on Trade in Goods;

(b) Subcommittee on Investment;

(c) Subcommittee on Economic Cooperation and Small and Medium Enterprises (MSMEs).

2.2. Main Functions

To discuss matters within the scope of the Chapter and to support the Joint Committee in performing the above-mentioned functions.