Common use of Emergency Safeguard Measures Clause in Contracts

Emergency Safeguard Measures. 1. The Parties shall take note of the multilateral negotiations on the question of emergency safeguard measures based on the principle of non-discrimination pursuant to Article X of the GATS. Upon the conclusion of such multilateral negotiations, the Parties shall conduct a review for the purpose of discussing appropriate amendments to this Agreement based on the results of such multilateral negotiations. 2. In the event that the implementation of this Agreement causes substantial adverse impact to a Party in a specific service sector prior to the conclusion of the multilateral negotiations referred to in paragraph 1, the Party may request consultations with the other Party for the purposes of taking appropriate measures to address such adverse impact. The Parties shall take into account the circumstances of the particular case in such consultations.

Emergency Safeguard Measures. 1. The Parties shall take note of the multilateral negotiations on the question of emergency safeguard measures safeguardmeasures based on the principle of non-discrimination pursuant discriminationpursuant to Article X of the GATS. Upon the conclusion of such multilateral negotiations, the Parties shall conduct a review areview for the purpose of discussing appropriate amendments to amendmentsto this Agreement based on the results of such multilateral negotiationsmultilateralnegotiations. 2. In the event that the implementation of this Agreement causes Agreementcauses substantial adverse impact to a Party in a specific service specificservice sector prior to the conclusion of the multilateral negotiations multilateralnegotiations referred to in paragraph 1, the Party may request mayrequest consultations with the other Party for the purposes of purposesof taking appropriate measures to address such adverse impactadverseimpact. The Parties shall take into account the circumstances of the particular case in such consultations.

Emergency Safeguard Measures. 1. The Parties shall take note of the multilateral negotiations pursuant to Article X of the GATS on the question of emergency safeguard measures based on the principle of non-discrimination pursuant to Article X of the GATSdiscrimination. Upon the conclusion of such multilateral negotiations, the Parties shall conduct a review for the purpose of discussing appropriate amendments to this Agreement based on so as to incorporate the results of such multilateral negotiations. 2. In the event that the implementation of this Agreement causes substantial adverse impact to a Party in a specific service sector prior to of a Party before the conclusion of the multilateral negotiations referred to in paragraph 1, the affected Party may request for consultations with the other Party for the purposes of taking appropriate measures discussing any measure with respect to address such adverse impactthe affected service sector. Any measure taken pursuant to this paragraph shall be mutually agreed by the Parties. The Parties shall take into account the circumstances of the particular case in such consultationsand give sympathetic consideration to the Party seeking to take a measure.