Common use of Report of the panel Clause in Contracts

Report of the panel. 1. Unless the disputing Parties agree otherwise, the panel shall submit an initial report within 90 days, or 50 days in the event of urgent matters, following the date of its establishment. 2. A disputing Party may submit written comments to the panel on its initial report within 14 days following its presentation. The panel shall present to the disputing Parties a final report within 30 days following the presentation of the initial report. 3. The reports shall contain: (a) the findings of fact and law together with the reasons therefor, including the determination as to whether a disputing Party has not conformed with its obligations under this Agreement or any other determination requested in the terms of reference; (b) its recommendations for the resolution of the dispute and the implementation of the final report; (c) if requested, the findings about the level of adverse trade effects caused to the complaining Party by the Party complained against’s failure to conform with the obligations of this Agreement; and (d) if requested, a reasonable period to comply with the final report.