Common use of Restrictions to Safeguard the Balance of Payments Clause in Contracts

Restrictions to Safeguard the Balance of Payments. 1. In the event of serious balance-of-payments and external financial difficulties or threat thereof, a Party may adopt or maintain restrictions on trade in services, including on payments or transfers for transactions.

Appears in 12 contracts

Samples: Agreement, Agreement, Agreement

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Restrictions to Safeguard the Balance of Payments. 1. In the event of serious balance-of-payments and external financial difficulties or threat thereof, a Party may adopt or maintain restrictions on trade in servicesservices on which it has undertaken specific commitments, including on payments or transfers for transactionstransactions relating to such commitments. It is recognised that particular pressure on the balance of payments of a Party in the process of economic development may necessitate the use of restrictions to ensure, inter alia, the maintenance of a level of financial reserves adequate for the implementation of its programme of economic development.

Appears in 6 contracts

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

Restrictions to Safeguard the Balance of Payments. 1. In the event of serious balance-of-payments and external financial difficulties or threat thereof, a Party may adopt or maintain restrictions on trade in servicesservices on which it has undertaken specific commitments, including on payments or transfers for transactionstransactions related to such commitments.

Appears in 5 contracts

Samples: edit.wti.org, Agreement, www.mofa.go.jp

Restrictions to Safeguard the Balance of Payments. 1. In the event Where a Party is in serious balance of serious balance-of-payments and external financial difficulties difficulties, or under threat thereof, a Party it may adopt or maintain restrictions on restrictive measures with regard to trade in servicesgoods and in services and with regard to payments and capital movements, including on payments or transfers for transactionsthose related to direct investment.

Appears in 4 contracts

Samples: Trade Agreement, Trade Agreement, Trade Agreement

Restrictions to Safeguard the Balance of Payments. 1. In the event of serious balance-of-balance of payments and external financial difficulties or threat thereof, a Party may adopt or maintain restrictions on trade in services, including on payments or and transfers of funds of any investor of the other Party related to any investment covered by Chapter 9 and international payments and transfers for transactionscurrent transactions (8) related to its specific commitments under Chapter 8. It is recognised that particular pressures on the balance of payments of a Party in the process of economic development may necessitate the use of restrictions to ensure, inter alia, the maintenance of a level of financial reserves adequate for stable economic development.

Appears in 3 contracts

Samples: Free Trade Agreement, Free Trade Agreement, Free Trade Agreement

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Restrictions to Safeguard the Balance of Payments. 1. In the event of serious balance-of-balance of payments and external financial difficulties or threat thereof, a Party may adopt or maintain restrictions on trade in services, including on payments or transfers for transactions.related to investments. It is recognized that particular pressures on the balance of payments of a Party in the process of economic development may necessitate the use of restrictions to ensure, inter alia,

Appears in 1 contract

Samples: edit.wti.org

Restrictions to Safeguard the Balance of Payments. 1. In the event of serious balance-of-difficulties in the balance of payments and external financial difficulties or threat thereof, a Party may adopt or maintain restrictions on trade in services, including on payments or transfers relationship with investments. It is recognised that particular pressures on the balance of payments of a Party in the process of economic development may need the use of restrictions, to ensure inter- alia, the maintenance of a level of financial reserves adequate for transactionsthe implementation of its programme of economic development.

Appears in 1 contract

Samples: Agreement

Restrictions to Safeguard the Balance of Payments. 1. In the event of serious balance-of-balance of payments and external financial difficulties or threat thereof, a Party may adopt or maintain restrictions on crossborder trade in services, including on payments or transfers for transactions.transactions of crossborder trade in services. It is recognized that particular pressures on the balance of payments of a Party in the process of economic development may necessitate the use of restrictions to ensure, inter alia, the maintenance of a level of financial reserves adequate for

Appears in 1 contract

Samples: edit.wti.org

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