THE OTHER AND WILL HAVE ENHANCED ITS COMPETENCE AND TECHNICAL VERSATILITY IN THE INDEPENDENT AND COMPETITIVE DEVELOPMENT , CONSTRUCTION AND SALE OF SODIUM CIRCULATORS WHICH ARE CAPABLE OF MEETING FULL OPERATIONAL REQUIREMENTS .
( D ) PURSUANT TO THE AGREEMENT , WEIR IN PARTICULAR IS LIKELY TO STRENGTHEN ITS POSITION AS A SUPPLIER OF EQUIPMENT FOR POWER ENGINEERING USES AND SPECIFICALLY IN RELATION TO SODIUM CIRCULATOR TECHNOLOGY . GEC , WITH A VERY SUBSTANTIAL PROPORTION OF ITS TURNOVER ( CURRENTLY POUND ST . 306 MILLION ) ATTRIBUTABLE TO POWER PLANT EQUIPMENT , HAS BEEN A FAR MORE CONSIDERABLE FORCE THAN WEIR IN THIS RESPECT . WHILE THIS BALANCE IS NOT LIKELY TO CHANGE DRAMATICALLY THE AGREEMENT WILL NEVERTHELESS HAVE THE LIKELY EFFECT THAT , RELATIVELY , WEIR WILL SIGNIFICANTLY ENLARGE ITS OWN COMPETITIVE POSITION IN THIS SECTOR .
2 . A FAIR SHARE OF THE FOREGOING BENEFITS WILL BECOME AVAILABLE TO CONSUMERS :
( A ) APART FROM LEADING TO IMPROVED AND MORE RAPIDLY ACHIEVED TECHNICAL SOLUTIONS , THE TEMPORARY POOLING OF THE PARTIES ' PRE-EXISTING PRODUCTION , TEST AND OTHER FACILITIES AND SKILLS WILL AVOID A DUPLICATION OF EFFORT AND EMPLOYMENT OF RESOURCES AND WILL THEREFORE ALSO ACHIEVE SAVINGS . NEITHER PARTY , AND ACCORDINGLY NEITHER PARTY ' S CUSTOMERS , WILL NEED TO FUND THAT PART OF EXPENDITURE WHICH WOULD , IN THE ABSENCE OF THE JOINT VENTURE , BE ATTRIBUTABLE TO THE ACQUISITION OF NECESSARY TECHNICAL INFORMATION OR OF FACILITIES NOT AVAILABLE TO THAT PARTY AND WHICH IS , BY VIRTUE OF THE JOINT VENTURE , CONTRIBUTED BY THE OTHER PARTY . MOREOVER , NEITHER PARTY COULD INDEPENDENTLY ACHIEVE THE REQUIRED DEVELOPMENT RESULT AS QUICKLY AS THE PARTIES WITHIN THE CONTEXT OF THE JOINT VENTURE . THESE BENEFITS ARE ACKNOWLEDGED BY THE SOLE CUSTOMERS IN THE UNITED KINGDOM FOR SODIUM CIRCULATORS ( SEE 1 ( B ) OF III ABOVE ) WHO , BY VIRTUE OF BEING THE SOLE CUSTOMERS IN THE UNITED KINGDOM , ARE ABLE TO NEGOTIATE FROM A POSITION OF STRENGTH .
( B ) THE MENTIONED BENEFITS WILL NOT BE CONFINED TO PURCHASERS OF SODIUM CIRCULATORS AND WILL APPLY MORE GENERALLY ALSO TO CUSTOMERS WITH REQUIREMENTS FOR LIQUID METAL TECHNOLOGY AND , IN PARTICULAR , LIQUID METAL CIRCULATION SYSTEMS .
( C ) THROUGH THEIR ASSOCIATION IN JOINT VENTURE , EACH PARTY WILL INTENSIFY AND ACCELERATE ITS ACQUISITION OF A COMPREHENSEIVE EXPERTISE IN SODIUM CIRCULATOR TECHNOLOGY . ON COMPLETION OF THE DEVELOPMENT AND AFTER EXPIRY OF THE AGREEMENT , THE MORE EFFECTIVE COMPETITIVE POSITION OF EACH OF THE PARTIES TOWARDS THE OTHER WILL GIVE TO CUSTOMERS A BETTER CHOICE OF MORE CAPABLE SUPPLIERS .
3 . THE AGREEMENT ( AS AMENDED ) AND THE JOINT VENTURE DO NOT IMPOSE UPON THE PARTIES ANY RESTRICTIONS WHICH ARE NOT INDISPENSABLE TO THE ATTAINMENT OF THE BENEFITS MENTIONED IN 1 AND 2 OF III ABOVE .
( A ) IN THE LIGHT OF THE TECHNICAL PROBLEMS OUTLINED IN 4 ( A ) AND ( B )