1. The document discusses competition policy and outlines obligations for parties to adopt and maintain national competition laws to prohibit anticompetitive business conduct. It requires parties to provide fair procedures in enforcement of these laws.
2. Parties must cooperate on competition law enforcement between their respective national competition authorities. This includes exchanging information and cooperating on issues of enforcement.
3. The document also provides for technical cooperation between parties, such as exchanging advice and experiences on developing and applying competition laws.