Common use of Safeguard Measures Clause in Contracts

Safeguard Measures. 1. Where any product is being imported into either of the Parties in such increased quantities, each Party retains its rights and obligations under Article XIX of GATT 1994 and the WTO Agreement on Safeguard Measures. This Agreement does not confer any additional rights or obligations on the Parties with regard to safeguard measures.

Safeguard Measures. 1. Where any product is being imported into either of the Parties in such increased quantities, each Party retains its rights and obligations under Article XIX of GATT 1994 and the WTO Agreement on Safeguard Measures. This Agreement does not confer any additional rights or obligations on the Parties with regard to safeguard measures. 2. Notwithstanding provisions of paragraph 1 of this Article, the procedures laid down in Article 21 shall apply with regard to safeguard measure taken by any Party.