Determined to develop their relationship on the principle of mutuality in the interest of the harmonious development and prosperity of agriculture, food industry, forestry, and water economy, the Contracting Parties have agreed to coordinate their respective agricultural policies with respect to export subsidies, tax policies, prices, subsidy policy, operations of the market regulation funds, and other market-organization tools. Agricultural policy coordination will consist of a mutual exchange of information, consultations, and a coordinated approach to matters of common interest. The Contracting Parties pledge to exchange fundamental information concerning policies in agriculture, the food industry, forestry, and water economy. Further the Parties shall establish a Committee for Co-ordination of Economic Policies in Agriculture and external working teams, and consult with each other before amending laws relative to the fields covered by the present Agreement. Separate treaties shall be concluded for cooperation in the fields of veterinary medicine or plant protection and food safety. The land funds of the Contracting Parties shall conclude an agreement in the interest of reciprocal facilitation of settling from their land holdings certain property claims by citizens of one of the Parties.
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