1. Recognising the importance of an open, non-discriminatory and transparent trading environment based on rules and science, the Parties endeavour to establish and maintain effective cooperation on raw materials. For the purposes of this cooperation, raw materials include, but are not limited to, minerals, metals and agricultural products with an industrial use.
2. The Bilateral Dialogue on Raw Materials covers any relevant issue of mutual interest, including:
(a) to provide a forum of discussion on cooperation in the field of raw materials between the Parties, to contribute to market access for raw material goods and related services and investments and to avoid non-tariff barriers to trade for raw materials;
(b) to enhance mutual understanding in the field of raw materials with a view to exchange information on best-practices and on the Parties’ regulatory policies vis-à-vis raw materials;
(c) to encourage activities that support corporate social responsibility in accordance with internationally-recognised standards such as the OECD Guidelines for Multinational Enterprises and the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas; and
(d) to facilitate, as appropriate, consultation on the Parties’ positions in multilateral or plurilateral fora where issues related to raw materials may be raised and discussed.