Common use of Emergency Action on Imports of Particular Products Clause in Contracts

Emergency Action on Imports of Particular Products. If an increase in imports of a given product originating in an EFTA State or Turkey occurs in quantities or under conditions which are, or are likely to cause: (a) serious injury to domestic producers of like or directly competitive products in the territory of the other State Party, or (b) serious disturbances in any sector of the economy or difficulties which could bring about serious deterioration in the economic situation of a region, the State Party concerned may take appropriate measures under the conditions and in accordance with the procedures laid down in Article 23.

Emergency Action on Imports of Particular Products. If an increase in imports of a given product originating in an EFTA State or Turkey Israel occurs in quantities or under conditions which arecause, or are likely to cause: (a) serious injury to domestic producers of like or directly competitive products in the territory of the other State importing Party, or (b) serious disturbances in any sector of the economy or difficulties which could bring about serious deterioration in the economic situation of a region, the State Party concerned may take appropriate measures under the conditions and in accordance with the procedures laid down in Article 23.