Restrictions to Safeguard the Balance of Payments. Where a Party is in serious balance of payments and external financial difficulties or threat thereof, it may adopt or maintain restrictions on trade in services in accordance with Article XII of the GATS.
Appears in 16 contracts
Samples: Trade in Services Agreement, Trade in Services Agreement, Trade Agreement
Restrictions 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 adopt or maintain restrictions on trade in services in accordance with Article XII of the GATS.
2. Any restrictions adopted or maintained under paragraph 1, or any changes therein, shall be promptly notified to the Implementing Committee.
Appears in 11 contracts
Samples: Trade in Services Agreement, Trade in Services Agreement, Trade in Services Agreement
Restrictions to Safeguard the Balance of Payments. Where a Party is in serious balance of payments and external financial difficulties or threat thereof, it may adopt or maintain restrictions on trade in services in accordance with paragraphs 1, 2, and 3 of Article XII of the GATS.
Appears in 5 contracts
Samples: Trade Agreement, Agreement on Trade in Services, Trade in Services Agreement
Restrictions to Safeguard the Balance of Payments. Where a Party is in In the event of serious balance of balance-of-payments and external financial difficulties or threat thereof, it a Party may adopt or maintain restrictions on trade in services in accordance with Article XII of the GATSservices, including on payments or transfers for transactions.
Appears in 5 contracts
Samples: Economic Partnership Agreement, Economic Partnership Agreement, Economic Partnership Agreement
Restrictions to Safeguard the Balance of Payments. Where a Party is in serious balance of payments and external financial difficulties or threat thereof, it may adopt or maintain restrictions on trade in services in accordance with Article XII of the GATS. Any restrictions adopted or maintained under paragraph 1, or any changes therein, shall be promptly notified to the Implementing Committee.
Appears in 4 contracts
Samples: Trade in Services Agreement, Trade in Services Agreement, Agreement on Trade in Services
Restrictions 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 adopt or maintain restrictions on trade in services in accordance with Article XII of the GATS.
2. Any restrictions adopted or maintained under paragraph 1, or any changes therein, shall be promptly notified to the Joint Committee pursuant to Article 27.
Appears in 2 contracts
Samples: Digital Economy Partnership Agreement, Digital Economy Partnership Agreement
Restrictions 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 adopt or maintain restrictions on trade in services in accordance with Article XII of the GATS.
2. Any restriction adopted or maintained under paragraph 1, or any changes therein, shall be promptly notified to the other Party.
Appears in 1 contract
Samples: Free Trade Agreement
Restrictions to Safeguard the Balance of Payments. Where a Party is in serious balance of payments and external financial difficulties or threat thereof, it may adopt or maintain restrictions on trade in services in accordance with Article XII of the GATS.
Appears in 1 contract
Samples: Trade in Services Agreement
