The Government of the Republic of the Philippines,
and
The Government of His Serene Highness, The Prince of Monaco
Hereinafter referred to as “the Parties”
WISHING to deepen and reinforce their bilateral and global relationships, friendship and mutually beneficial cooperation,
APPRECIATING to a high degree the role of political dialogue and consultations at different levels between the Parties concerning issues of common interest,
Have agreed as follows,
ARTICLE 1
PURPOSE
The aim of this Agreement is to define and organize the cooperation that unites the Republic of the Philippines and the Principality of Monaco.
ARTICLE 2
OBJECTIVE
The main objective of this Agreement is to identify priority fields of cooperation and in particular those covering:
| * |
the strengthening of economic, scientific, humanitarian and disaster risk reduction and management partnership and environmental protection; |
| * |
the preparation, presentation, and implementation of projects of common interest in the framework of existing regional organizations and initiatives. |
The Parties will sign a sectoral framework agreement whenever they shall deem it useful to establish cooperation in a specific field.
ARTICLE 3
FOLLOW-UP OF COOPERATION ACTIONS
AND EXCHANGE OF INFORMATION
The Parties will agree on the organization of periodic consultations so as to identify projects for cooperation, ensure that actions undertaken are followed up and propose any actions likely to further diversify and improve the quality of cooperation between the Parties.
The level of representation, dates, agenda and venue for these consultations will be decided through diplomatic channels.
Expert consultations could be organized if the Parties judge this to be necessary.
The Parties should promote the joint activities thus conducted.
ARTICLE 4
INTERNATIONAL COOPERATION
Representatives of the parties meeting in a third country as members of international organizations and during international conferences and meetings will consult on subjects of common interest whenever necessary.
ARTICLE 5
DURATION-ENTRY INTO FORCE
The Agreement shall remain in force for a period of three (3) years. It may be extended for a similar period or for a period as agreed upon by the Parties.
The Parties shall notify each other in writing, through diplomatic channels, of the completion of the procedures required by the respective laws for the entry into force of this Agreement.
This Agreement shall enter into force effective on the date of last written notification and shall thereupon have effect forthwith.
ARTICLE 6
AMENDMENT-TERMINATION
This Agreement shall remain in force until terminated by either party.
This Agreement can be terminated by either of the Parties by giving written notifications through diplomatic channels, and shall take effect three (3) months after receipt of the written notification.
The termination of this Agreement shall neither prejudice the implementation of, nor result in the termination of, any on-going arrangements or projects arising out of this Agreement. Unless otherwise mutually agreed upon by the parties in writing, the arrangements or projects will proceed until completion.
This Agreement can be amended by mutual written consent of the Parties. The amendments will become effective in accordance with the same legal procedure prescribed under Article 5.
Done in Manila, on the 7th day of April 2016, written in English and French versions, both texts being equally authentic. If there is any conflict or inconsistency between the two versions, the English text shall govern and prevail.
| For the Government of the |
For the Government |
| Republic of the Philippines |
of His Serene Highness |
| |
the Prince of Monaco |
|
(Sgd.)
|
(Sgd.) |
|
JOSE RENE D. ALMENDRAS
|
GILLES TONELLI |
|
Secretary of Foreign Affairs
|
Minister of Foreign Affairs and Cooperation |
|
Entry into Force: February 22, 2017
|
|