The principal objective of the Agreement is to enhance and develop, under a concept of dialogue, the various aspects of cooperation between the Parties in the areas which fall within the bounds of their respective competence including development, trade, economic and cultural cooperation, environmental protection and sustainable management of natural resources, and human resources development.
Poglavitni cilj Sporazuma je v okviru dialoga okrepiti in razviti različne vidike sodelovanja med pogodbenicama na področjih, ki sodijo v njuno pristojnost, vključno z razvojem, trgovino, gospodarskim in kulturnim sodelovanjem, varstvom okolja in trajnostnim upravljanjem z naravnimi viri ter razvojem človeških virov.