Common use of Balance of Payments Measures on Trade in Goods Clause in Contracts

Balance of Payments Measures on Trade in Goods. Should a Party decide to impose measures for balance of payments purposes, it shall do so only in accordance with that Party’s rights and obligations under the GATT 1994, including the Declaration on Trade Measures Taken for Balance of Payments Purposes (1979 Declaration) and the Understanding on the Balance of Payments Provisions of the GATT 1994 (BOP Understanding). In adopting such measures, the Party shall immediately consult with the other Parties and shall not impair the relative benefits accorded to the other Parties under this Agreement.2

Balance of Payments Measures on Trade in Goods. Should a Party decide to impose measures for balance of payments purposes, it shall do so only in accordance with that Party’s rights and obligations under the GATT 1994, including the Declaration on Trade Measures Taken for Balance of Payments Purposes (1979 Declaration) and the Understanding on the Balance of Payments Provisions of the GATT 1994 (BOP Understanding). In adopting such measures, the Party shall immediately consult with the other Parties Party and shall not impair the relative benefits accorded to the other Parties Party under this Agreement.2Agreement.3

Balance of Payments Measures on Trade in Goods. Should a Party decide to impose measures for balance of payments purposes, it shall do do, so only in accordance with that Party’s rights and obligations under the GATT 1994, including the Declaration on Trade Measures Taken for Balance of Payments Purposes (1979 DeclarationDeclarations) and the Understanding on the Balance of Payments Provisions of the GATT 1994 (BOP Understanding). In adopting such measures, the Party shall immediately consult with the other Parties and shall not impair the relative benefits accorded to the other Parties under this Agreement.2Party.

Balance of Payments Measures on Trade in Goods. Should a Party decide to impose measures for balance of payments purposes, it shall do so only in conformity with the Articles of Agreement of International Monetary Fund and in accordance with that Party’s rights and obligations under the GATT 1994, including the Declaration on Trade Measures Taken for Balance of Balance-of-Payments Purposes (1979 Declaration) and the Understanding on the Balance of Balance-of-Payments Provisions of the GATT 1994 (BOP Understanding). In adopting such measures, the Party shall immediately consult with the other Parties and shall not impair the relative benefits accorded to the other Parties under this Agreement.2Party.

Balance of Payments Measures on Trade in Goods. Should a Party decide to impose measures for balance of payments purposes, it shall do do, so only in accordance with that Party’s 's rights and obligations under the GATT 1994, including the Declaration on Trade Measures Taken for Balance of Payments Purposes (1979 DeclarationDeclarations) and the Understanding on the Balance of Payments Provisions of the GATT 1994 (BOP Understanding). In adopting such measures, the Party shall immediately consult with the other Parties and shall not impair the relative benefits accorded to the other Parties under this Agreement.2Party.

Balance of Payments Measures on Trade in Goods. Should a Party decide to impose measures for balance of payments purposes, it shall do so only in accordance with that Party’s rights and obligations under the GATT 1994, including the Declaration on Trade Measures Taken for Balance of Payments Purposes (1979 Declaration) and the Understanding on the Balance of Payments Provisions of the GATT 1994 (BOP Understanding). In adopting such measures, the Party shall immediately consult with the other Parties Party and shall not impair the relative benefits accorded to the other Parties Party under this Agreement.2Agreement.3