CIRI definition
Examples of CIRI in a sentence
For the purposes of Article 6-21, the CIRI shall conduct an investigation procedure that may be initiated at the request of a Party or at the request of the Commission.
When the incapacity referred to in paragraph 1 of Article 6-21 is established, the resolution of the Commission shall establish a waiver, in the amounts and terms agreed upon by CIRI in its opinion, for the use of the materials referred to in paragraph 3 of Article 6-21, with such modifications as it deems appropriate.
Each Party shall designate, for each case that arises, a representative of the public sector and a representative of the private sector to integrate the CIRI, except in the case of goods classified in chapters 50 to 63, in which the CIRI will be integrated only by representatives of Colombia and Mexico, until the rules of origin are agreed between Mexico and Venezuela for the goods classified in those chapters.
If the Commission has not taken a decision within the time limit referred to in paragraph 1, the opinion of CIRI shall be deemed to be ratified.
The Commission may extend, at the request of the Party concerned, within six months prior to its expiration and after review by the CIRI, its resolution for an equal term if the causes that gave rise to it persist.
The regulations shall include the rules of operation of the CIRI and the conditions regarding delivery times, quantity, quality and prices of the materials referred to in paragraph 3 of article 6-21.
CIRI shall evaluate the actual and proven inability in the territory of the Parties of a producer of goods to make available on normal commercial terms, in terms of timeliness, volume, quality and prices, for equivalent transactions, the materials referred to in paragraph 3 used by the producer in the production of a good.
The Parties establish the Regional Input Integration Committee (CIRI).
If CIRI issues an opinion under the terms of Article 6-23, the Commission shall issue a resolution within ten days of receiving the opinion, in accordance with the provisions of paragraph 3 of Article 6-23, unless it agrees to a different term.
The Commission may extend, at the request of the Party concerned within six months prior to its expiration and after review by CIRI, the decision of the arbitral tribunal for an equal term, if the causes that gave rise to it persist.