CSI DRAFT TRANSPARENCY PRIOR COMMENT PROPOSAL

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1.

Each Party shall ensure that its laws, regulations, procedures and administrative

rulings of general application respecting any matter covered by this Agreement are

promptly published or otherwise made available in such a manner as to enable

interested persons and Parties to become acquainted with them.

2.

Each Party shall:

(a)

publish in advance any such measure that it proposes to adopt; and

(b)

provide such interested persons and Parties a reasonable opportunity to

comment on such proposed measures.

3.

The obligations of paragraph 2 may be suspended in cases involving the national

security or foreign policy of a Party or where a Party for good cause finds that it

cannot comply with such obligations because compliance is impracticable in which

case the Party shall include the finding and the reasons for such finding in the

measure adopted. For the insurance sector, such obligations may be suspended for

reasons of national security, foreign policy, or where the Party for good cause finds

that such measures must be adopted when dictated by an emergency, including

circumstances affecting public health and welfare.

4.

In a case where the obligations of paragraph 2 have been suspended, a measure will

enter into force for no more than xx days, and interested persons and Parties shall be

provided a reasonable opportunity to comment on such proposed measure during the

xx day period.

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 CSI prepared this proposal for the consideration for US free trade agreements with Chile and Singapore.

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