Imposition of a Safeguard Measure. If, as a result of the reduction or elimination of a customs duty under this Agreement, an originating good of another Party or Parties is being imported into the territory of a Party during the transitional safeguard period for that good in such increased quantities, in absolute terms or relative to domestic production, and under such conditions as to cause or threaten to cause serious injury to a domestic industry that produces like or directly competitive goods, that Party may:
Imposition of a Safeguard Measure lf, as a result of the reduction or elimination of a customs duty under this Agreement, an originating good of another Party or Parties is being imported into the territory of a Party during the transitional safeguard period for that good in such increased quantities, in absolute terms or relative to domestic production, and under such conditions as to cause or threaten to cause serious injury to a domestic industry that produces like or directly competitive goods, that Party may:
Imposition of a Safeguard Measure. 1. A Party may apply a measure described in paragraph 2, during the transition period only, if as a result of the reduction or elimination of a duty pursuant to this Agreement, an originating good is being imported into the Party’s territory in such increased quantities, in absolute terms or relative to domestic production, and under such conditions as to constitute a substantial cause of serious injury, or threat thereof, to a domestic industry producing a like or directly competitive good.
Imposition of a Safeguard Measure. 1. A Party may apply a measure described in paragraph 2, during the transition period only, if as a result of the reduction or elimination of a customs duty pursuant to this Agreement, or as a result of unforeseen developments in conjunction with the existence of a preferential tariff under this Agreement, an originating product is being imported into the Party’s territory in such increased quantities, in absolute terms or relative to domestic production, and under such conditions as to constitute a substantial cause of serious injury, or threat thereof, to a domestic industry producing a like or directly competitive product.
Imposition of a Safeguard Measure. If, as a result of the reduction or elimination of a customs duty under this Agreement, an originating good of another Party or Parties is being imported into the territory of a Party during the transitional safeguard period for that good in such increased quantities, in absolute terms or relative to domestic production, and under such conditions as to cause or threaten to cause serious injury to a domestic industry that produces like or directly competitive goods, that Party may: suspend the further reduction of any rate of customs duty provided for under this Agreement on the good; or increase the rate of customs duty on the good to a level not exceeding the lesser of: the most-favoured-nation applied rate of duty on the good in effect at the time the action is taken; or the most-favoured-nation applied rate of duty on the good in effect on the day immediately preceding the date of entry into force of this Agreement.
Imposition of a Safeguard Measure. 1. A Party may impose a safeguard measure during the transition period if, as a result ofthe unforeseendevelopment ofcircumstances or of the reduction or elimination of a customs duty pursuant to this Agreement, an originating good in the other Party's territory is imported to the Party's territory in such increased quantities, in absolute terms or relative to domestic production, and under suchconditions as to constitute a cause of serious injury, or threat thereof, to a domestic industry producing a like or directlycompetitive good. 2. If the conditions in paragraph 1 are met, a Party may, to the extent necessary to prevent or remedy serious injury, or threat thereof, and facilitate adjustment: (a) suspend the further reduction of any rate of duty provided for under this Agreement onthe good;or (b) increase the rate of duty on the good to a level not to exceed the lesser between: (i) the mostfavourednation (MFN) applied rate of duty in effect at the time the measure is applied, and (ii) the MFN applied rate of duty in effect on the day immediately preceding the date of entry into force ofthis Agreement 81 .
