Multilateral safeguard measures Clause Samples
The "Multilateral safeguard measures" clause establishes procedures for implementing protective actions when a product or service is threatened by unforeseen circumstances, such as sudden surges in imports or market disruptions, that could harm domestic industries. In practice, this clause allows parties to temporarily restrict imports, impose quotas, or take other agreed-upon steps to stabilize the affected market. Its core function is to provide a structured, cooperative response to economic threats, ensuring that all parties can address serious risks while maintaining the overall integrity of the agreement.
Multilateral safeguard measures. 1. Subject to the provisions of this Article, nothing in this Agreement shall be construed to prevent the signatory Central African States or the EC Party from adopting measures in accordance with Article XIX of the 1994 General Agreement on Tariffs and Trade (GATT), the WTO Agreement on Safeguards and Article 5 of the WTO Agreement on Agriculture. For the purposes of this Article, origin shall be determined in accordance with the Parties' non-preferential rules of origin.
Multilateral safeguard measures. 1. Subject to the provisions of this Article, this Agreement shall not prevent either of the Parties from adopting exceptional measures for a limited period in accordance with Article XIX of the GATT 1994, the Agreement on Safeguards which figures in Annex 1A to the Agreement establishing the WTO (hereinafter the “WTO Agreement on Safeguards”), or Article 5 of the Agreement on Agriculture which figures in Annex 1A to the Agreement establishing the WTO (hereinafter the “WTO Agreement on Agriculture”).
2. For the purposes of applying this Article, origin shall be determined according to non- preferential rules of origin of the Parties.
Multilateral safeguard measures. 1. Subject to the provisions of this Article, this Agreement does not prevent Côte d’Ivoire and the EC Party from adopting measures in accordance with Article XIX of the General Agreement on Tariffs and Trade (GATT) of 1994, the Agreement on Safeguards or Article 5 of the WTO Agreement on Agriculture. For the purposes of this Article, origin is determined in accordance with the non-preferential rules of origin of the Parties.
2. Notwithstanding paragraph 1, in light of the general development objectives of this Agreement and the small scale of the Côte d’Ivoire economy, the EC Party shall exclude imports from Côte d’Ivoire from all measures taken pursuant to Article XIX of GATT 1994, the Agreement on Safeguards and Article 5 of the WTO Agreement on Agriculture.
3. The provisions of paragraph 2 shall apply for a period of five years, beginning with the date of entry into force of this Agreement. At the latest 120 days before the end of this period, the EPA Committee shall re-examine the implementation of these provisions in light of the development needs of Côte d’Ivoire, in order to determine whether their period of application should be extended.
4. The provisions of paragraph 1 shall not be subject to the dispute settlement mechanisms of this Agreement.
Multilateral safeguard measures. 1. Subject to the provisions of this Article, nothing in this Agreement shall be construed to prevent Cameroon or the UK from adopting measures in accordance with Article XIX of the GATT 1994, the WTO Agreement on Safeguards and Article 5 of the WTO Agreement on Agriculture. For the purposes of this Article, origin shall be determined in accordance with the Parties' non-preferential rules of origin.
2. Not later than 180 days after the entry into force of this Agreement, the EPA Committee shall review, in the light of the development needs of Cameroon and without prejudice to paragraph 1, whether to provide for a period during which the UK shall exclude imports from Cameroon from any measures taken pursuant to Article XIX of GATT 1994, the WTO Agreement on Safeguards and Article 5 of the WTO Agreement on Agriculture.
3. The provisions of paragraph 1 shall not be subject to the dispute settlement provisions of this Agreement.
Multilateral safeguard measures. 1. Subject to the provisions of this Article, this Agreement does not prevent Côte d'Ivoire and the EC Party from adopting measures in accordance with Article XIX of GATT 1994, the Agreement on Safeguards or Article 5 of the WTO Agreement on Agriculture. For the purposes of this Article, origin is determined in accordance with the non-preferential rules of origin of the Parties.
2. Notwithstanding paragraph 1, in the light of the general development objectives of this Agreement and the small scale of the Côte d'Ivoire economy, the EC Party shall exclude imports from Côte d'Ivoire from all measures taken pursuant to Article XIX of GATT 1994, the Agreement on Safeguards and Article 5 of the WTO Agreement on Agriculture.
3. The provisions of paragraph 2 shall apply for a period of five years, beginning with the date of entry into force of this Agreement. At the latest 120 days before the end of this period, the EPA Committee shall re-examine the implementation of these provisions in the light of the development needs of Côte d'Ivoire, in order to determine whether their period of application should be extended.
4. The provisions of paragraph 1 shall not be subject to the dispute settlement mechanisms of this Agreement.
Multilateral safeguard measures. 1. Subject to the provisions of this Article, nothing in this Agreement shall be construed to prevent the signatory Central African States or the EC Party from adopting measures in accordance with Article XIX of the GATT 1994, the WTO Agreement on Safeguards and Article 5 of the WTO Agreement on Agriculture. For the purposes of this Article, origin shall be determined in accordance with the Parties' non-preferential rules of origin.
2. Without prejudice to the provisions of paragraph 1, in the light of the overall development objectives of this Agreement and the small size of the economies of the signatory Central African States, the EC Party shall exclude imports from signatory Central African States from any measures taken pursuant to Article XIX of GATT 1994, the WTO Agreement on Safeguards and Article 5 of the WTO Agreement on Agriculture.
3. The provisions of paragraph 2 shall apply for a period of five years, beginning on the date on which this Agreement enters into force. Not later than 120 days before the end of this period, the EPA Committee shall review the implementation of these provisions in the light of the development needs of the signatory Central African States, with a view to determining whether to extend their application for a further period.
4. The provisions of paragraph 1 shall not be subject to the dispute settlement provisions of this Agreement.
Multilateral safeguard measures. 1. Subject to the provisions of this Article, this Agreement shall not prevent either of the Parties from adopting exceptional measures for a limited period in accordance with Article XIX of the General Agreement on Tariffs and Trade (GATT) of 1994, the Agreement on Safeguards or Article 5 of the WTO