Measures to Safeguard the Balance of Payments. Where a Party is in serious balance of payments and external financial difficulties or threat thereof, it may, in accordance with the WTO Agreement and consistent with the Articles of the Agreement of the International Monetary Fund, adopt measures deemed necessary.
Appears in 3 contracts
Samples: Free Trade Agreement, Free Trade Agreement, Free Trade Agreement
Measures to Safeguard the Balance of Payments. 1. Where a Party is in serious balance of payments and external financial difficulties or threat thereof, it may, may adopt or maintain restrictive measures with regard to trade in accordance goods and in services including on payments and transfers.
2. Restrictions adopted or maintained under Paragraph 1 shal :
(a) be consistent with the conditions established in the WTO Agreement and consistent with the Articles of the Agreement of the International Monetary Fund, adopt measures deemed necessary.;
Appears in 1 contract
Samples: General Exceptions
Measures to Safeguard the Balance of Payments. Where a the Party is in serious balance of payments and external financial difficulties or threat thereof, it may, in accordance with the WTO Agreement and consistent with the Articles of the Agreement of the International Monetary Fund, adopt measures deemed necessary.
Appears in 1 contract
Samples: Free Trade Agreement
