Common use of Bilateral Safeguard Measures Clause in Contracts

Bilateral Safeguard Measures. 1. Notwithstanding any provisions of this Chapter but subject to the provisions of this Article, each Party may apply a bilateral safeguard measure, to the extent necessary to prevent or remedy the serious injury to a domestic industry of that Party and to facilitate adjustment, if an originating good of the other Party, as a result of the elimination or reduction of a customs duty in accordance with Article 19, is being imported into the former Party in such increased quantities, in absolute terms or relative to domestic production, and under such conditions that the imports of that originating good constitute a substantial cause of serious injury, or threat thereof, to the domestic industry of the former Party.

Appears in 6 contracts

Samples: Economic Partnership Agreement, Economic Partnership Agreement, Economic Partnership Agreement

AutoNDA by SimpleDocs

Bilateral Safeguard Measures. 1. Notwithstanding any provisions of this Chapter but subject Subject to the provisions of this Article, each Party may apply take a bilateral safeguard measure, to the minimum extent necessary to prevent or remedy the serious injury to a domestic industry of that Party and to facilitate adjustment, if an originating good of the other Party, as a result of the elimination or reduction of a customs duty in accordance with Article 1916, is being imported into the former Party in such increased quantities, in absolute terms or relative to domestic productionterms, and under such conditions that the imports of that originating good constitute a substantial cause of serious injury, or threat thereofof serious injury, to the a domestic industry of the former Party.

Appears in 5 contracts

Samples: edit.wti.org, Agreement, investmentpolicy.unctad.org

AutoNDA by SimpleDocs

Bilateral Safeguard Measures. 1. Notwithstanding any provisions of this Chapter but subject Subject to the provisions of this Article, each a Party may apply a bilateral safeguard measure, to the minimum extent necessary to prevent or remedy the serious injury to a its domestic industry of that Party and to facilitate adjustmentadjustment thereof, if an originating good product of the other Party, as a result of the elimination or reduction of a customs duty on imports in accordance with Article 1915, is being imported into the customs territory of the former Party in such increased quantities, in absolute terms or relative to domestic production, and under such conditions that the imports of that originating good product constitute a substantial cause of serious injury, or threat thereofof serious injury, to the domestic industry in the customs territory of the former Party.

Appears in 3 contracts

Samples: Agreement, Agreement, Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.