Common use of Amendment of the WTO Agreement Clause in Contracts

Amendment of the WTO Agreement. If any provision of the WTO Agreement that the Parties have incorporated into this Agreement is amended, the Parties shall consult to consider amending the relevant provision of this Agreement, as appropriate, in accordance with Article 24.2. ARTICLE 24.4: ACCESSION Any country or group of countries may accede to this Agreement subject to such terms and conditions as may be agreed between the country or group of countries and the Joint Committee. Any accession shall enter into force 30 days or on such date as the Parties may agree, after all the Parties and the acceding country or group of countries exchange written notifications certifying that they have completed their respective applicable legal requirements and procedures. ARTICLE 24.5: ENTRY INTO FORCE 1. This Agreement shall enter into force for Korea and each Republic of Central America on the first day of the second month following the latter date on which Korea and the respective Republic of Central America have notified the other in writing that they have completed their internal procedures or on any other date as they may agree. 2. Each Party shall, upon the completion of its internal procedures for the entry into force of this Agreement, notify all the other Parties simultaneously in writing. 24-1 ARTICLE 24.6: WITHDRAWAL AND TERMINATION 1. Any Party may withdraw from this Agreement by means of a written notification to all the Parties. Unless otherwise agreed, the withdrawal shall take effect 180 days after the date on which the notification is received by all the Parties. 2. If one of the Republics of Central America withdraws, the Agreement shall remain in force for the remaining Parties. If Korea withdraws, this Agreement shall expire on the date specified in paragraph 1. ARTICLE 24.7: RESERVATIONS AND INTERPRETATIVE DECLARATIONS This Agreement does not allow unilateral reservations or unilateral interpretative declarations. ARTICLE 24.8:

Appears in 10 contracts

Samples: Trade Agreement, Trade Agreement, Trade Agreement

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