Page:United States Statutes at Large Volume 106 Part 6.djvu/730

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106 STAT. 5288 PROCLAMATION 6445--JUNE 15, 1992 Recognizing that development of bilateral trade may contribute to better mutual understanding and cooperation and promote respect for internationaly recognized worker rights, Taking into account Albania's membership in the International Monetary Fund and the International Bank for Reconstruction and Development and the prospects for economic reform and restructuring of the economy, Having agreed that economic ties are an important and necessary element in the strengthening of their bilateral relations, Being convinced that an agreement on trade relations between the two Parties will best serve their mutual interests, and Desiring to create a framework which will foster the development and expansion of commercial ties between their respective nationals and companies. Have agreed as follows: Article I—Most Favored Nation and Nondiscriminatory Treatment 1. Each Party shall accord unconditionally to products originating in or exported to the territory of the other Party treatment no less favorable than that accorded to like products originating in or exported to the territory of any third country in all matters relating to: (a) customs duties and charges of any kind imposed on or in connection with importation or exportation, including the method of levying such duties and charges; (b) methods of payment for imports and exports, and the international transfer of such payments; (c) rules and formalities in connection with importation and exportation, including those relating to customs clearance, transit, warehouses and transshipment; (d) taxes and other internal charges of any kind applied directly or indirectly to imported products; and (e) laws, regulations and requirements aflFecting the sale, offering for sale, purchase, transportation, distribution, storage and use of products in the domestic market. 2. Each Party shall accord to products originating in or exported to the territory of the other Party nondiscriminatory treatment with respect to the application of quantitative restrictions and the granting of licenses. 3. Each Party shall accord to imports of products and services originating in the territory of the other Party nondiscriminatory treatment with respect to the allocation of and access to the currency needed to pay for such imports. 4. The provisions of paragraphs 1 and 2 shall not apply to: (a) advantages accorded by either Party by virtue of such Party's full membership in a customs union or free trade area; (b) advantages accorded to adjacent countries for the facilitation of frontier traffic;