# Council Decision of 10 May 2010 on the signing, on behalf of the European Union, and provisional application of the Framework Agreement between the European Union and its Member States, on the one part, and the Republic of Korea, on the other part (2013/40/EU), Article 11: Business cooperation


1. The Parties, taking into account their respective economic policies and objectives, agree to promote industrial policy cooperation in all fields deemed suitable particularly with a view to improving the competitiveness of small and medium-sized enterprises (SMEs), inter alia, through:
(a) exchanging information and experiences on creating framework conditions for SMEs to improve their competitiveness and on procedures related to the creation of SMEs;
(b) promoting contacts between economic operators, encouraging joint investments and establishing joint ventures and information networks notably through existing programmes;
(c) facilitating access to finance and marketing, providing information and stimulating innovation;
(d) facilitating the activities established by SMEs of both sides;
(e) promoting corporate social responsibility and accountability and encouraging responsible business practices, including sustainable consumption and production.
2. The Parties shall facilitate the relevant cooperation activities established by the private sectors of both sides.

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Source: https://www.legislation.gov.uk/eudn/2013/40/attachment/1/article/11 (the official version)
Page: https://openlegislation.uk/eu-decision-2013-40/attachment-1/article-11
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

