Common use of Balance of Payments Clause in Contracts

Balance of Payments. 1. Either Contracting party, when faced with serious balance of payments difficulties or under threat thereof, may take restrictive measures with regard to the transfer of payments for its current account transactions in the framework of this Agreement, subject to conditions and procedures set out in this Article.

Appears in 2 contracts

Samples: Preferential Trade Agreement, Preferential Trade Agreement

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Balance of Payments. 1. Either Contracting partyParty, when faced with serious balance of payments difficulties or under threat treat thereof, may take restrictive measures with regard to the transfer of payments for its current account transactions in the framework of this Agreement, subject to conditions and procedures set out in this Article.

Appears in 2 contracts

Samples: Trade Agreement, Trade Agreement

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Balance of Payments. 1. -Either Contracting partyParty, when faced with serious balance of payments difficulties or under threat thereof, may take restrictive measures with regard to the transfer of payments for its current account transactions in the framework of this Agreement, subject to the conditions and procedures set out in this Article.

Appears in 1 contract

Samples: findrulesoforigin.org

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