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Canada-Israel Free Trade Agreement

CHAPTER FOURTEEN
SMALL AND MEDIUM-SIZED ENTERPRISES

Article 14.1 General Principles

1. The Parties, recognising the fundamental role of SMEs in maintaining dynamism and enhancing competitiveness of the economies of the respective Parties, shall foster close cooperation between SMEs of the Parties and cooperation in promoting the growth of and job creation by SMEs.

2. The Parties recognise the key role of the private sector in carrying out cooperation activities under this Chapter.

Article 14.2: Information Sharing

1. Each Party shall establish or maintain its own publicly accessible website containing information regarding this Agreement, including:

2. Each Party should include in the website referred to in paragraph 1 links to the:

3. The information described in paragraph 2(b) may include:

4. When possible, each Party shall endeavour to make the information available in English.

5. Each Party should endeavour to ensure that the information and links on the website referred to in paragraph 1 are current and accurate.

Article 14.3: Committee on SMEs

1. The Parties hereby establish a Committee on SMEs (“the Committee”), composed of relevant representatives of each Party.

2. The Committee shall normally convene once a year or as decided by the Parties, in person or by any other technological means available, to consider any matter arising under this Chapter. The Committee shall:

3. The Committee may:

4. The Committee may seek to collaborate with SMEs, appropriate experts and international organisations in carrying out its programs and activities.

Article 14.4: Consultations

The Parties shall make all possible efforts, through dialogue, consultations and cooperation, to resolve any matter that may arise relating to this Chapter.

Article 14.5: Non-Application of Dispute Settlement

A Party shall not have recourse to dispute settlement under this Agreement for any matter arising under this Chapter.

Article 14.6: Definitions

For the purposes of this Chapter:

SME means a small and medium-sized enterprise, including a micro-sized enterprise.

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