Suspension of benefits. 1. If the Parties: (a) are unable to agree on compensation within 30 days after the period for developing such compensation has begun; or (b) have agreed on compensation and the complaining Party considers that the Party complained against has failed to observe the terms of the agreement within 20 days following such agreement, the complaining Party may, at any time thereafter, communicate in writing to the Party complained against its intention to suspend the application of benefits. The communication shall specify the level of benefits that the complaining Party proposes to suspend. 2. The complaining Party may initiate the suspension of benefits 30 days following the later date between the date of the communication in accordance with paragraph 1 and the date when the panel issued its report in accordance with Article 23.18. 3. The level of benefits to be suspended shall have an equivalent effect to the adverse trade effect caused by the Party complained against.
Appears in 26 contracts
Samples: Trade Agreement, Trade Agreement, Trade Agreement
