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Art.1 |
Article 1 |
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Art.1.1 |
1.The Parties shall take appropriate measures, within the framework of existing legislation, to ensure confidentiality of the co-ordinates of the deep seabed areas, as well as of other proprietary or confidential information concerning those areas, received from the other Parties in confidence. |
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Art.1.2 |
2.In particular, the Parties shall take appropriate measures to ensure that juridicial and natural persons subject to the applicable jurisdiction, having access to that information, preserve its confidentiality. |
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Art.2 |
Article 2 |
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Art.2.1 |
1.The Parties shall preserve the confidentiality of the co- ordinates referred to in Article 1 for two years from the date of receipt of such co-ordinates. |
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Art.2.2 |
2.The Parties shall preserve the confidentiality of other information referred to in Article 1 for five years from the date of receipt of such other information. |
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Art.2.3 |
3.Notwithstanding paragraphs 1 and 2 of this Article, the obligations set out in Article 1 shall continue beyond the times established therein for the period agreed upon pursuant to paragraph 4 of this Article if the Party that provided the co-ordinates or other information notifies all other Parties before the expiry of the applicable time period that such co-ordinates or other information continue to be commercially sensitive. The Party providing such notice shall propose a specific period of prolongation of the relevant time period mentioned in paragraph 1 or 2 of this Article. |
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Art.2.4 |
4.The obligations specified in paragraph 3 of this Article shall continue for a specific time period that shall be negotiated and agreed upon by all the Parties based solely on the need to protect legitimate commercial interests. |
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Art.3 |
Article 3 |
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Art.3.1x |
The obligations set out in Article 1 and 2 of a Party receiving co-ordinates or other information shall cease upon the publication or other non-confidential disclosure of such co- ordinates or other information by the Party that provided it. However, in any other case of publication or other non-confidential disclosure of such co-ordinates or other information, the Parties will consult with a view to considering whether the obligations set out in Articles 1 and 2 should be maintained, as well as any related questions. |
