Overeenkomst inzake economische en technologische samenwerking tussen het Koninkrijk der Nederlanden en het Sultanaat Oman

1. The two Contracting Parties shall, within the framework of their laws and regulations and taking into account their international obligations, do their utmost to develop and strengthen, on a mutually advantageous basis, economic and technological cooperation between their two countries.
2. The Contracting Parties shall in particular encourage and promote economic and technological cooperation between:
a) nationals of the respective States;
b) nationals of the one State and the other State or its constituent sub-divisions or agencies.
3. The cooperation which the Contracting Parties undertake to encourage according to paragraph (1) shall in particular include the establishment of projects and enterprises. Such cooperation may be undertaken through equity participation, loan finance, joint ventures or otherwise.

The Contracting Parties recognize that the cooperation may concern inter alia:
industry, mining, energy, land and water development, commerce, agriculture, agro-industry, area and rural development, health services and facilities, infrastructure, transportation-infrastructure, communications, training of personnel, engineering and other services.
They shall inform each other of specific sectors in which they consider cooperation desirable.

The technological cooperation referred to in Article 2 shall include applied science and may be implemented, subject to the laws and regulations of either Contracting Party, through projects and enterprises in which economic cooperation will be initiated or enhanced. Such cooperation may include inter alia:
a) the facilitation of direct contacts, the exchange of information and the elaboration of programmes;
b) the joint conduct of research projects;
c) the exchange of visits and study tours of specialized delegations, research personnel and specialists;
d) the development of training techniques and systems and the training of technical personnel;
e) the provision of managerial and technical expertise;
f) the convening of symposia and meetings on subjects of mutual interest. The nationals of the respective States or their agencies or companies may conclude agreements to ensure the establishment of such projects and enterprises.

Each Contracting Party undertakes to facilitate with regard to the other Contracting Party, to the extent permitted by the former Party's legislation, the holding in its territory by the other Contracting Party or by its nationals of economic and commercial exhibitions and displays.

The Contracting Parties agree to establish a Joint Committee on economic and technological cooperation. The Committee shall be composed of representatives to be appointed by the respective governments in connection with any meeting of the Committee.
Experts and advisors from both private and public sectors may be called upon at the request of either side, to attend the meeting of the Committee.
The committee shall:
- discuss any matter pertaining to the implementation of the present Agreement, and make recommendations thereon;
- explore and define sectors in which it considers the cooperation between the two countries may be broadened, and make recommendations thereon.
The Committee may appoint specialized working-parties to deal with cooperation in particular sectors. The working parties shall report to the Joint Committee.
The Committee shall at times to be agreed between the Contracting Parties meet alternately in the Sultanate of Oman and the Kingdom of the Netherlands.

As regards the Kingdom of the Netherlands, the present Agreement shall apply to the part of the Kingdom in Europe, to the Netherlands Antilles and to Aruba.

1. The present Agreement shall enter into force on the first day of the second month following the date on which the Contracting Parties have informed each other in writing that the procedures constitutionally or legally required therefor in their respective countries have been complied with, and shall remain in force for an unlimited period, unless a 3 months' notice of termination has been given by either Contracting Party.
2. Subject to the period mentioned in paragraph (1) of this Article the Government of the Kingdom of the Netherlands shall be entitled to terminate the application of the present Agreement separately in respect of any of the parts of the Kingdom.