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

Emergency Action on Imports of Particular Products. Where any product is being imported in such increased quantities and under such conditions as to cause, or threaten to cause: (a) serious injury to domestic producers of like or directly competitive products in the territory of the importing Party to this Agreement, or (b) serious disturbances in any related sector of the economy or difficulties which could bring about serious deterioration in the economic situation of a region, the Party concerned may take appropriate measures under the conditions and in accordance with the procedure laid down in Article 23 (Procedure for the application of safeguard measures).

Appears in 2 contracts

Samples: Interim Agreement, Interim Agreement

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Emergency Action on Imports of Particular Products. Where any product is being imported into either of the Parties in such increased quantities and under such conditions as to cause, or threaten to cause: (a) serious injury to domestic producers or disturbances on the market of like or directly competitive products in the territory of the importing Party to this Agreement, or (b) products; serious disturbances in any related sector of the economy or difficulties which could bring about serious deterioration in the economic situation of a region, region the Party concerned may take appropriate measures under the conditions and in accordance with the procedure procedures laid down in Article 23 (Procedure for the application of safeguard measures)22.

Appears in 1 contract

Samples: Trade Agreement

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Emergency Action on Imports of Particular Products. Where any product is being imported into either of the Parties in such increased quantities and under such conditions as to cause, or threaten to cause: (a) serious injury to domestic producers or disturbances on the market of like or directly competitive products in the territory of the importing Party to this Agreement, or products; (b) serious disturbances in any related sector of the economy or difficulties which could bring about serious deterioration in the economic situation of a region, ; the Party concerned may take appropriate measures under the conditions and in accordance with the procedure procedures laid down in Article 23 (Procedure for the application of safeguard measures)22.

Appears in 1 contract

Samples: edit.wti.org

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