Common use of Imposition of a Bilateral Safeguard Measure Clause in Contracts

Imposition of a Bilateral Safeguard Measure. 1. A Party may impose a bilateral safeguard measure described in paragraph 2, during the transition period only, if as a result of the reduction or elimination of a customs duty pursuant to this Agreement, an originating good of the other Party is being imported into the Party’s territory in such increased quantities, in absolute terms or relative to domestic production, and under such conditions as to constitute a substantial cause of serious injury, or threat thereof, to a domestic industry producing like or directly competitive goods.

Appears in 1 contract

Samples: www.sice.oas.org

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Imposition of a Bilateral Safeguard Measure. 1. A Party may impose a bilateral safeguard measure described in paragraph 2, during the transition period only, if as a result of the reduction or elimination of a customs duty pursuant to this Agreement, an a good originating good in the territory of the other Party is being imported into the Party’s territory in such increased quantities, in absolute terms or relative to domestic production, and under such conditions as to constitute a substantial cause of serious injury, or threat thereof, to a domestic industry producing a like or directly competitive goodsgood.

Appears in 1 contract

Samples: Trade Agreement

Imposition of a Bilateral Safeguard Measure. 1. A Party may impose apply a bilateral safeguard measure described set out in paragraph 2, during the transition period only, if if, as a result of the reduction or elimination of a customs duty pursuant to in accordance with this Agreement, an originating good of the other Party is being imported into the Party’s 's territory in such increased quantities, in absolute terms or relative to domestic production, and under such conditions as to constitute a substantial cause of serious injury, or threat thereof, to a domestic industry producing a like or directly competitive goods.good. 2. If the conditions in paragraph 1 are met, a Party may take a bilateral safeguard measure which:

Appears in 1 contract

Samples: Trade Agreement

Imposition of a Bilateral Safeguard Measure. 1. A Party may impose apply a bilateral safeguard measure described in paragraph 2, only during the transition period onlyperiod, if it has determined that as a result of the reduction or elimination of a customs duty pursuant to under this Agreement, an originating good of the other Party is being imported into the Party’s territory of the Party in such increased quantities, quantities in absolute terms or relative to domestic production, production and under such conditions as to constitute a substantial cause of serious injury, injury or threat thereof, thereof to a the domestic industry producing a like or directly competitive goodsgood.

Appears in 1 contract

Samples: Free Trade Agreement

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Imposition of a Bilateral Safeguard Measure. 1. A Party may impose a bilateral safeguard measure described in paragraph 2, during the transition period only, if as a result of the reduction or elimination of a customs duty pursuant to this Agreement, an a good originating good in the territory of the other Party is being imported into the Party’s 's territory in such increased quantities, in absolute terms or relative to domestic production, and under such conditions as to constitute a substantial cause of serious injury, or threat thereof, to a domestic industry producing a like or directly competitive goodsgood.

Appears in 1 contract

Samples: Trade Agreement

Imposition of a Bilateral Safeguard Measure. 1. A Party may impose a bilateral safeguard measure described in paragraph 2, during the transition period only, if as a result of the reduction or elimination of a customs duty pursuant to this Agreement, an a good originating good in the territory of the other Party is being imported into the Party’s territory in such increased quantities, in absolute terms or relative to a domestic industry production, and under such conditions as to constitute a substantial cause of serious injury, or threat thereof, to a domestic industry producing a like or directly competitive goodsgood.

Appears in 1 contract

Samples: Trade Agreement

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