Common use of Global Actions Clause in Contracts

Global Actions. 1. Each Party retains its rights and obligations under Article XIX of the GATT 1994 and the Safeguards Agreement. 2. This Agreement does not confer any additional rights or obligations on the Parties with regard to actions taken pursuant to Article XIX of the GATT 1994 and the Safeguards Agreement, except that a Party taking such an action may exclude imports of an originating good of another Party if such imports are not a substantial cause of serious injury or threat thereof. 3. No Party may apply, with respect to the same good, at the same time: (a) a safeguard measure; and (b) a measure under Article XIX of the GATT 1994 and the Safeguards Agreement.

Appears in 2 contracts

Sources: Free Trade Agreement, Free Trade Agreement