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Test of economic justification


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Economic viability test - granting a permit for establishment, operation or provision of services depending on the existence of necessity and market demand through an economic assessment of the efficiency of the service provider's activities in accordance with the objectives of economic planning for a specific industry or interests of the national labor market, if provided for by the national legislation of the Parties. Compliance with the interests of the national labor market is determined by checking the absence on it of natural persons of the Party meeting the requirements of the service provider1.

  1. Agreement on Free Trade in Services, Establishment, Operations and Implementation of Investments, as amended on 2024-08-19, art. 1. ↩

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