Common use of Domestic Supports Clause in Contracts

Domestic Supports. 1. The Parties recognize that domestic support measures may be of crucial importance to their agriculture sectors, but it may also distort trade and affect production. In this sense the Parties shall apply domestic supports in accordance with the Agreement on Agriculture of the WTO, and any other successor agreements to which the Parties are party. Where a Party decides to support its agriculture producers, it shall endeavor to work toward the domestic support policy that: (a) has minimal or no trade distorting or production effects; or (b) is in accordance with its respective commitments in the WTO. 2. In order to ensure the transparency of the support policy to agriculture, the Parties agree to carry out continuous and permanent analysis of such policy. For these purposes, the acquired information shall be used as principal reference in these respective annual notifications to the WTO Committee on Agriculture, and the copies of the notifications may be exchanged upon the request of a Party. Without prejudice to the aforementioned, each Party may request the other Party for additional information and explanations . Such request shall be responded immediately. The information and the resulting evaluations may be subject to consultations, at the request of the other Party, in the Committee on Trade in Goods.

Appears in 2 contracts

Samples: Free Trade Agreement, Free Trade Agreement

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Domestic Supports. 1. The Parties recognize that domestic support measures may could be of crucial vital importance to for their agriculture respective agricultural sectors, but it may also distort trade and affect production. In this sense respect, the Parties shall apply domestic supports in accordance with the WTO Agriculture Agreement on Agriculture of the WTO, and any other successor agreements to which the Parties are partysignatories. Where a Party decides to support its agriculture agricultural producers, it shall endeavor to work toward the achieve an domestic support policy that: (a) has a minimal or no effect at all that distorts trade distorting or production effectsproduction; or (b) is in accordance conformity with its respective commitments in agreements within the WTO. 2. In order to ensure the transparency in their policies of the support policy to agriculture, the Parties agree to carry out continuous and permanent analysis undertake studies of such policypolicies on an ongoing basis. For these such purposes, the information acquired information shall be used as principal the main reference in these their respective annual notifications to the WTO Committee on Agriculture, Agriculture of the WTO and the copies of the notifications may be exchanged upon the request of a Party. Without prejudice to the aforementionedforegoing, each Party may request the other Party for additional information and explanations from the other Party. Such request requests shall be responded immediatelyimmediately answered. The resulting information and the resulting evaluations may be subject to consultationsbe, at the request of the other Party, in subject to consultation with the Committee on Trade in Goods.

Appears in 2 contracts

Samples: Free Trade Agreement, Trade Agreement

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Domestic Supports. 1. The Parties recognize that domestic support measures may be of crucial importance to their agriculture sectors, but it may also distort trade and affect production. In xxxxxxxxxx.Xx this sense the Parties shall apply domestic supports in accordance with the Agreement on Agriculture of the WTO, and any other successor agreements to which the Parties are party. Where a Party decides to support its agriculture producers, it shall endeavor to t o work toward the domestic support policy that: (a) has minimal or no trade distorting or production effects; or (b) is in accordance with its respective commitments in the WTO. 2. In order to ensure the transparency of the support policy to agriculture, the Parties agree to carry out continuous and permanent analysis of such policy. For these purposes, the acquired information shall be used as principal reference in these respective annual notifications to the WTO Committee on Agriculture, and the copies of the notifications may be exchanged upon the request of a Party. Without prejudice to t o the aforementioned, each Party may request the other Party for additional information and explanations . Such request shall be responded immediately. The information and the resulting evaluations may be subject to consultations, at the request of the other Party, in the Committee on Trade in Goods.

Appears in 1 contract

Samples: Free Trade Agreement

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