Common use of Import and Export Licensing Procedures Clause in Contracts

Import and Export Licensing Procedures. 1. No Party shall adopt or maintain a measure that is inconsistent with the WTO Agreement on Import Licensing Procedures (hereinafter referred to as the "Import Licensing Agreement") which is incorporated into and made an integral part of this Agreement, mutatis mutandis. 2. Each Party shall apply the provisions contained in the Import Licensing Agreement, mutatis mutandis, for any licensing procedures for exports to another Party. The notification foreseen in Article 5 of the Import Licensing Agreement shall be carried out between the Parties with regard to licensing procedures for exports. 3. "Import licensing" means administrative procedures used for the operation of import licensing regimes requiring the submission of an application or other documentation (other than that required for customs purposes) to the relevant administrative body as a prior condition for importation to the importing Party.

Import and Export Licensing Procedures. 1. No Party shall adopt or maintain a measure that is inconsistent with the WTO Agreement on Import Licensing Procedures (hereinafter referred to as the "‘Import Licensing Agreement"’) which is incorporated into and made an integral part of this Agreement, mutatis mutandis. . 2. Each Party shall apply the provisions contained in the Import Licensing Agreement, mutatis mutandis, for any licensing procedures for exports to another Party. The notification foreseen in Article 5 of the Import Licensing Agreement shall be carried out between the Parties with regard to licensing procedures for exports. . 3. "‘Import licensing" ’ means administrative procedures used for the operation of import licensing regimes requiring the submission of an application or other documentation (other than that required for customs purposes) to the relevant administrative body as a prior condition for importation to the importing Party.