Artikel XV

1. With a view to assuring full implementation and application of the present Agreement and facilitating maritime transport between the two States, the Contracting Parties shall establish a Joint Committee, which will be composed of representatives of the competent Government authorities of the two Contracting Parties. Each Contracting Party may invite representatives of the maritime industry.
2. The Joint Committee shall meet regularly at the request of either Contracting Party. The Joint Committee draws up its own rules and procedures. The Joint Committee shall meet alternately in the Netherlands and Korea, on the date agreed upon by both Parties through diplomatic channels.
3. The Joint Committee shall:
a. review the situation with regard to the maritime transport of each country;
b. study the ways of enhancing cooperation in maritime sectors; and
c. discuss matters which might arise from the application of the Agreement and all other matters relating to the improvement of maritime transport relations, and make appropriate recommendations.