Common use of Emergency Action on Imports of Particular Products Clause in Contracts

Emergency Action on Imports of Particular Products. 1. Where, as a result of the reduction or elimination of a customs duty under this Agreement, any product originating in an EFTA State or in SACU is being imported into the territory of an EFTA State or SACU, in such increased quantities and under such conditions as to cause serious injury or threat therof to the domestic industry of like or directly competitive products in the territory of that Party, such Party may take emergency measures under the conditions and in accordance with the procedures laid down in this Article.

Appears in 6 contracts

Samples: Trade Agreement, Trade Agreement, Trade Agreement

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