Common use of Reports of the Panel Clause in Contracts

Reports of the Panel. 1. Unless the disputing Parties otherwise agree, the panel shall submit an initial report within 90 days, and 50 days in the event of urgent matters, after the date of its establishment. 2. A disputing Party may submit written comments to the panel on its initial report within 14 days of its presentation. The panel shall present to the disputing Parties a final report within 30 days of 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) the recommendations for the resolution of the dispute and the implementation of the report; (c) if requested, the findings about the level of adverse trade effects caused to a disputing Party by the other disputing Party’s failure to conform with the obligations of this Agreement; and (d) if requested, a reasonable period to comply with the final report.