Common use of Measures to Safeguard the Balance of Payments Clause in Contracts

Measures to Safeguard the Balance of Payments. 1 In the event of serious balance of payments and external financial difficulties or threat thereof, a Party may adopt or maintain restrictions on trade in services on which it has undertaken specific commitments, including on payments or transfers for transactions related to such commitments. In the case of investments, a Party may adopt or maintain restrictions with regards to payments relating to the transfer of proceeds from investment.

Measures to Safeguard the Balance of Payments. 1 1. In the event of serious balance of payments and external financial difficulties or threat thereof, a Party may adopt or maintain restrictions on trade in services on which it has undertaken specific commitments, including on payments or transfers for transactions related to such commitments. In the case of investments, a Party may adopt or maintain restrictions with regards to payments relating to the transfer of proceeds from investment.

Measures to Safeguard the Balance of Payments. 1 1. In the event of serious balance of payments and external financial difficulties or threat thereof, a Party may adopt or maintain restrictions on trade in services on which it has undertaken specific commitmentsinvestments, including on payments or transfers for transactions related to such commitmentsinvestments. In It is recognised that particular pressures on the case balance of investments, payments of a Party in the process of economic development may adopt or maintain necessitate the use of restrictions with regards to payments relating to ensure, inter alia, the transfer maintenance of proceeds from investment.a level of financial reserves adequate for the implementation of its programme of economic development.‌

Measures to Safeguard the Balance of Payments. 1 1. In the event of serious balance of balance-of-payments and external financial difficulties or threat thereof, a Party may adopt or maintain restrictions on trade in services on which it has undertaken specific commitmentsservices, including on payments or transfers for transactions related to such commitments. In the case of investments, a Party may adopt or maintain restrictions with regards to payments relating to the transfer of proceeds from investmenttransactions.

Measures to Safeguard the Balance of Payments. 1 In the event of 1. Where a Party is in serious balance of payments and external financial difficulties or threat thereof, a Party it may adopt or maintain restrictions on restrictive measures with regard to trade in goods and in services on which it has undertaken specific commitments, including on payments or transfers for transactions related to such commitments. In the case of investments, a Party may adopt or maintain restrictions with regards to payments relating to the transfer of proceeds from investmentand transfers.