Common use of Bilateral Emergency Actions Clause in Contracts

Bilateral Emergency Actions. 1. Subject to paragraphs 2 through 4, and during the transition period only, if a good originating in the territory of a Party, as a result of the reduction or elimination of a customs duty provided for in this Agreement, is being imported into the territory of the other Party in such increased quantities, in absolute and relative terms, and under such conditions that the imports of the good from that Party alone constitute a substantial cause of serious injury to a domestic industry, the Party into whose territory the product is being imported may, to the minimum extent necessary to remedy the injury:

Bilateral Emergency Actions. 1. Subject to paragraphs 2 through 4, and during the transition period only3, if a good originating in the territory of a Partyone Party is, as a result of the reduction or elimination of a customs duty provided for in this AgreementChapter Two, is being imported into the territory of the other Party in such increased quantities, in absolute and relative terms, and under such conditions so that the imports of the such good from that the exporting Party alone constitute a substantial cause of serious injury to a domestic industryindustry producing a like or directly competitive good, the importing Party into whose territory the product is being imported may, to the minimum extent necessary to remedy the injury:

Bilateral Emergency Actions. 1. Subject to paragraphs 2 through 4, and during the transition period only, if a good an originating in the territory of a Partygood, as a result of the reduction or elimination of a customs duty provided for in this Agreement, is being imported into the territory of the other Party in such increased quantities, in absolute and relative terms, and under such conditions that the imports of the good from that Party alone constitute a substantial principal cause of serious injury injury, or threat thereof, to a domestic industryindustry producing a like or directly competitive good, the Party into whose territory the product good is being imported may, may to the minimum extent necessary to remedy or prevent the injury: