Page 444 - Regional Comprehensive Economic Partnership (RCEP)
P. 444
ANNEX 13C
APPLICATION OF ARTICLE 13.3 (APPROPRIATE MEASURES
AGAINST ANTI-COMPETITIVE ACTIVITIES) AND ARTICLE 13.4
(COOPERATION) TO LAO PDR
1. If, as of the date of entry into force of this Agreement, Lao PDR
has not complied with the obligations under paragraphs 1 and 2
of Article 13.3 (Appropriate Measures against Anti-Competitive
Activities), Lao PDR shall comply with those obligations no later
than three years after the date of entry into force of this
Agreement.
2. Paragraphs 3 through 11 of Article 13.3 (Appropriate Measures
against Anti-Competitive Activities) and Article 13.4 (Cooperation)
shall apply to Lao PDR as soon as it complies with the obligations
under paragraphs 1 and 2 of Article 13.3 (Appropriate Measures
against Anti-Competitive Activities) and, in any case, no later than
three years after the date of entry into force of this Agreement.
3. During the three-year transitional period, Lao PDR shall take such
steps as may be necessary to ensure that it is in compliance with
Article 13.3 (Appropriate Measures against Anti-Competitive
Activities) and Article 13.4 (Cooperation) by the end of the three-
year period and shall endeavour to comply with the obligations
under those Articles before the end of such period.
4. On request of a Party, Lao PDR shall inform the Parties of its
progress since the date of entry into force of this Agreement in
developing and adopting appropriate competition laws and
regulations and in establishing an authority or authorities for the
effective implementation of those laws and regulations.
13C-1