PROCLAMATION 6307—JUNE 24, 1991 105 STAT. 2585 3. Expenditures in the territory of a Party by nationals and companies of the other Party may be made in local currency received in an authorized manner. 4. Without derogation from paragraphs 2 or 3 of this Article, in connection with trade in products and services, each Party shall grant to nationals and companies of the other Party the better of most-favorednation or national treatment with respect to: (a) opening and maintaining accounts, in both local and foreign currency, and having access to funds deposited, in financial institutions located in the territory of the Party; (b) payments, remittances and transfers of convertible currencies, or financial instruments representative thereof, between the territories of the two Parties, as well as between the territory of that Party and that of any third country; (c) rates of exchange and related matters; and (d) the receipt of local currency and its use for local expenses. Article IX.—Protection of Intellectual Property Rights 1. Each Party shall provide adequate and effective protection and enforcement for patents, trademarks, copyrights, trade secrets, and layout designs for integrated circuits as set fortiii in the text of a side letter attached hereto. Article X.—Areas for Further Economic and Technical Cooperation 1. For the purpose of further developing bilateral trade and providing for a steady increase in the exchange of products and services, both Parties shall strive to achieve mutually acceptable agreements on taxation and investment issues, including the repatriation of profits and transfer of capital. 2. The Parties shall take appropriate steps to foster economic and technical cooperation on as broad a base as possible in all fields deemed to be in their mutual interest, including with respect to statistics and standards. 3. The Parties, taking into account the growing economic significance of service industries, agree to consult on matters affecting the conduct of service business between the two countries and particular matters of mutual interest relating to individual service sectors with the objective, among others, of attaining maximum possible market access and liberalization. Article XL—Import Relief Safeguards 1. The Parties agree to consult promptly at the request of either Party whenever either actual or prospective imports into the territory of one
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