Non-Execution. 1. If either Party considers that the other has failed to fulfil an obligation under this Agreement, it may take appropriate measures. 2. Before doing so it shall supply the other Party, within 30 days, with all relevant information required for a thorough examination of the situation, with a view to seeking a solution acceptable to the Parties. 3. In circumstances of particular urgency, appropriate measures may be taken without prior consultations. These measures shall be immediately notified to the other Party and shall be a subject of consultations, if the other Party so requests. These consultations shall be convened within 30 days from the notification of the measures. If no satisfactory solution is found, the Party concerned may avail itself of the procedure relating to the settlement of disputes. 4. The Parties agree, for the purpose of the correct interpretation and practical application of this Agreement, that the term 'circumstances of particular urgency' in paragraph 3 means a case of the material breach of the Agreement by one of the Parties. A material breach of the Agreement consists in: (i) repudiation of the Agreement not sanctioned by the general rules of international law, or (ii) violation of the essential element of the Agreement, as described in Article 2. 5. The Parties agree that the appropriate measures referred to in paragraph 1 of this Article are those taken in accordance with international law and in the selection of these measures, priority must be given to those which least disturb the functioning of this Agreement.
Appears in 3 contracts
Sources: Agreement on Trade, Development and Cooperation, Agreement on Trade, Development and Cooperation, Agreement on Trade, Development and Cooperation
Non-Execution. 1. If either Party considers that the other has failed to fulfil an obligation under this Agreement, it may take appropriate measures.
. 2. Before doing so it shall supply the other Party, within 30 days, with all relevant information required for a thorough examination of the situation, with a view to seeking a solution acceptable to the Parties.
3. In circumstances of particular urgency, appropriate measures may be taken without prior consultations. These measures shall be immediately notified to the other Party and shall be a subject of consultations, if the other Party so requests. These consultations shall be convened within 30 days from the notification of the measures. If no satisfactory solution is found, the Party concerned may avail itself of the procedure relating to the settlement of disputes.
. 4. The Parties agree, for the purpose of the correct interpretation and practical application of this Agreement, that the term 'circumstances of particular urgency' in paragraph 3 means a case of the material breach of the Agreement by one of the Parties. A material breach of the Agreement consists in:
(i) repudiation of the Agreement not sanctioned by the general rules of international law, or
or (ii) violation of the essential element of the Agreement, as described in Article 2. 5. The Parties agree that the appropriate measures referred to in paragraph 1 of this Article are those taken in accordance with international law and in the selection of these measures, priority must be given to those which least disturb the functioning of this Agreement.
Appears in 2 contracts
Sources: Agreement on Trade, Development and Cooperation, Trade Agreement
Non-Execution. 1. If either Party considers that the other has failed to fulfil an obligation under this Agreement, it may take appropriate measures.
2. Before doing so it shall supply the other Party, within 30 days, with all relevant information required for a thorough examination of the situation, with a view to seeking a solution acceptable to the Parties.
3. In circumstances of particular urgency, appropriate measures may be taken without prior consultations. These measures shall be immediately notified to the other Party and shall be a subject of consultations, if the other Party so requests. These consultations shall be convened within 30 days from the notification of the measures. If no satisfactory solution is found, the Party concerned may avail itself of the procedure relating to the settlement of disputes.
4. The Parties agree, for the purpose of the correct interpretation and practical application of this Agreement, that the term '"circumstances of particular urgency' " in paragraph 3 means a case of the material breach of the Agreement by one of the Parties. A material breach of the Agreement consists in:
(i) repudiation of the Agreement not sanctioned by the general rules of international law, or
(ii) violation of the essential element of the Agreement, as described in Article 2. .
5. The Parties agree that the appropriate measures referred to in paragraph 1 of this Article are those taken in accordance with international law and in the selection of these measures, priority must be given to those which least disturb the functioning of this Agreement.
Appears in 2 contracts
Sources: Trade, Development and Co Operation Agreement, Trade, Development and Co Operation Agreement
Non-Execution. 1. If either Party considers that the other has failed to fulfil an obligation under this Agreement, it may take appropriate measures.
2. Before doing so it shall supply the other Party, within 30 days, with all relevant information required for a thorough examination of the situation, with a view to seeking a solution acceptable to the Parties.
3. In circumstances of particular urgency, appropriate measures may be taken without prior consultations. These measures shall be immediately notified to the other Party and shall be a subject of consultationsconsul tations, if the other Party so requests. These consultations shall be convened within 30 days from the notification of the measures. If no satisfactory solution is found, the Party concerned may avail itself of the procedure relating to the settlement of disputes.
4. The Parties agree, for the purpose of the correct interpretation and practical application of this Agreement, that the term '‘circumstances of particular urgency' ’ in paragraph 3 means a case of the material breach of the Agreement by one of the Parties. A material breach of the Agreement consists in:
(i) repudiation of the Agreement not sanctioned by the general rules of international law, or
(ii) violation of the essential element of the Agreement, as described in Article 2. .
5. The Parties agree that the appropriate measures referred to in paragraph 1 of this Article are those taken in accordance with international inter national law and in the selection of these measures, priority must be given to those which least disturb the functioning of this Agreement.
Appears in 1 contract
Non-Execution. 1. If either Party considers that the other has failed to fulfil an obligation under this Agreement, it may take appropriate measures.
2. Before doing so it shall supply the other Party, within 30 days, with all relevant information required for a thorough examination of the situation, with a view to seeking a solution acceptable to the Parties.
3. In circumstances of particular urgency, appropriate measures may be taken without prior consultations. These measures shall be immediately notified to the other Party and shall be a subject of consultations, if the other Party party so requests. These consultations shall be convened within 30 days from the notification of the measures. If no satisfactory solution is found, the Party concerned may avail itself of the procedure relating to the settlement of disputes.
4. The Parties agree, for the purpose of the correct interpretation and practical application of this Agreement, that the term '"circumstances of particular urgency' " in paragraph 3 means a case of the material breach of the Agreement by one of the Parties. A material breach of the Agreement consists in:
(i) repudiation of the Agreement not sanctioned by the general rules of international law, or
(ii) violation of the essential element of the Agreement, as described in Article 2. .
5. The Parties agree that the appropriate measures referred to in paragraph 1 of this Article are those taken in accordance with international law and in the selection of these measures, priority must be given to those which least disturb the functioning of this Agreement.
Appears in 1 contract