Common use of Domestic Support Clause in Contracts

Domestic Support. The Parties recognize that domestic support measures can be of crucial importance to their agricultural sectors but may also have trade distorting and production effects and that domestic support reduction commitments may result from agricultural multilateral trade negotiations under the General Agreement on Tariffs and Trade (GATT). Accordingly, where a Party supports its agricultural producers, that Party should endeavor to work toward domestic support measures that:

Appears in 4 contracts

Samples: edit.wti.org, North American, North American

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Domestic Support. 1. The Parties recognize that domestic support measures can may be of crucial vital importance to their agricultural sectors sectors, but that they may also have distort trade distorting and production effects and that affect production. In this regard, the Parties shall apply domestic support reduction commitments may result from as provided for in the multilateral agricultural multilateral trade negotiations under the General Agreement on Tariffs and Trade (GATT). AccordinglyGATT and, where a Party supports decides to support its agricultural producers, that Party should it shall endeavor to work toward move towards domestic support measures policies that:

Appears in 1 contract

Samples: Economic Complementation Agreement

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