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1. Certificates of airworthiness, certificates of competency and licenses issued or validated by any Party responsible for the regulatory control of a designated airline and still in force shall be recognized as valid by each Party, for the purpose of operating the agreed services provided for in this Agreement, provided that the requirements under which such certificates and licenses were issued or validated are at least equal to or above the minimum standards which may be established pursuant to the Convention.
2. Each Party reserves the right, however, to refuse to recognize as valid, for the purpose of flight above or landing within its own territory, certificates of competency and licenses granted to or validated for its own nationals by the other Party.