IV. General Provisions
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1. |
The Parties shall support the application
of market principles to international competition among providers of commercial
space launch services, including the avoidance of below-cost pricing, and
impermissible business practices.
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2. |
Neither Party shall engage in practices
that distort competition among providers of commercial space launch services,
including but not limited to:
(a)
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the provision of grants, subsidies, or
credits that distort the production or operation costs for commercial space
launch systems;
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(b)
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the provision of inducements to
international customers or potential international customers for commercial
space launch services;
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(c)
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the offering of additional services such as
insurance or reflight guarantees except on a par with prevailing rates and
practices in international markets for comparable risk; and
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(d)
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the provision of government-supported
financing for commercial space launch vehicles or services except in
accordance with the terms of the Organization for Economic Cooperation and
Development's "Arrangement on Guidelines for Officially-Supported Export
Credits."
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3. |
The Parties, including their agents and
instrumentalities, shall not engage in impermissible business practices to
secure contracts to provide commercial space launch services. Each Party shall
also endeavor to ensure that any entity or organization subject to its
jurisdiction, whether or not owned or controlled by that Party, shall not
engage in impermissible business practices to secure contracts to provide
commercial space launch services.
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