Infant industries Sample Clauses

Infant industries. ‌ 1. For the purposes of protecting an infant industry having strategic importance at the national level, a State Party may, provided that it has taken reasonable steps to overcome the difficulties related to such infant industry, impose measures for protecting such an industry. Such measures shall be applied on a non-discriminatory basis and for a specified period of time. 2. Council of Ministers shall adopt guidelines for implementation of this Article as an integral part of this Protocol.
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Infant industries. 1. For purposes of this Article, an infant industry shall be understood to refer to a new industry of national strategic importance that has not been in existence for more than five years, and that is experiencing high start-up costs and difficulties competing with like imports. 2. For the purposes of protecting an infant industry, a Tripartite Member/Partner State may, provided that it has taken all reasonable steps to overcome the difficulties related to such infant industry, adopt appropriate measures on similar goods originating from other Tripartite Member/Partner States, provided that the measures are applied on a non-discriminatory basis. 3. The Tripartite Council of Ministers shall determine the period and the nature of the measures that may be adopted under this Article. 4. The Tripartite Committee of Experts, established under Article 29 of this Agreement, shall keep under constant review the operation of any restrictions imposed under this Article and regularly report to the Tripartite Council of Ministers with recommendations.
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Infant industries. ⎯ Each Member Country may take measures of limited duration, during the period of progressive dismantlement of customs duties and duties and taxes of similar effect, as an exception to the provisions of Articles 3 and 4 of this Agreement, in the form of increased customs duties, or the re-introduction of customs duties and duties and taxes of equivalent effect, having effect in relation to infant industries or sectors undergoing restructuring or facing serious difficulties. ⎯ Each Member country shall inform the other parties of any exceptional measure which it intends to take, and of the time-table for the removal of such customs duties and other taxes of equivalent effect imposed in accordance with this Article. ⎯ The Foreign Trade Ministers’ Committee shall study the measures proposed by each concerned Member Country, and such measures shall not be implemented until such time as this Committee has given its agreement. ⎯
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Infant industries. Every Member State may, during the incremental freeing period for customs and other fees and taxes associated with customs fee, make arrangements for the limited exceptions to the regulations of Section Three and Four and therefore increase the customs fees or reconstruct the customs fees and other fees and taxes associated with customs used for young industries or in sectors for the purpose of repairing structure or in situations of grave difficulties. And every Member State shall notify the other Member States of any exemption to the current customs regulations it wishes to invoke and will provide a cancellation time table that it intends follow in the cancellation of customs fees and other fees and taxes associated with customs. And the Ministerial Commission will study the suggested procedures of the concerned Member States, and the implementation of these procedures will not occur until the Trade Ministers’ Commission agrees to it.
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Infant industries. 1. For the purposes of protecting an infant industry, a Tripartite Member State may, provided that it has taken all reasonable steps to overcome the difficulties related to such infant industry, adopt appropriate measures on similar goods originating from other Tripartite Member States, provided that the measures are applied on a non-discriminatory basis. 2. The Tripartite Council shall determine the period and the nature of the measures that may be adopted under this Article. 3. The Trade and Customs Committee, established under Article 37 of this Agreement, shall keep under constant review the operation of any restrictions imposed under this Article and regularly report to the Tripartite Council with recommendations. 4. For purposes of this Article an infant industry shall be understood to refer to a new industry of national strategic importance that has not been in existence for more than five years, experiencing high start-up costs and difficulties competing with like imports.
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