Common use of Restrictions to Safeguard the Balance of Payments Clause in Contracts

Restrictions to Safeguard the Balance of Payments. 1. In the event of serious balance-of-payments and external financial difficulties or threat thereof, a Party may adopt or maintain restrictions on trade in services, including on payments or transfers for transactions.

Restrictions to Safeguard the Balance of Payments. 1. In the event of serious balance-of-payments and external financial difficulties or threat thereof, a Party may adopt or maintain restrictions on trade in servicesservices on which it has undertaken specific commitments, including on payments or transfers for transactionstransactions relating to such commitments. It is recognised that particular pressure on the balance of payments of a Party in the process of economic development may necessitate the use of restrictions to ensure, inter alia, the maintenance of a level of financial reserves adequate for the implementation of its programme of economic development.

Restrictions to Safeguard the Balance of Payments. 1. In the event of serious balance-of-payments and external financial difficulties or threat thereof, a Party may adopt or maintain restrictions on trade in servicesservices on which it has undertaken specific commitments, including on payments or transfers for transactionstransactions related to such commitments.

Restrictions to Safeguard the Balance of Payments. 1. In the event Where a Party is in serious balance of serious balance-of-payments and external financial difficulties difficulties, or under threat thereof, a Party it may adopt or maintain restrictions on restrictive measures with regard to trade in servicesgoods and in services and with regard to payments and capital movements, including on payments or transfers for transactionsthose related to direct investment.

Restrictions to Safeguard the Balance of Payments. 1. In the event of serious balance-of-balance of payments and external financial difficulties or threat thereof, a Party may adopt or maintain restrictions on trade in services, including on payments or and transfers of funds of any investor of the other Party related to any investment covered by Chapter 9 and international payments and transfers for transactionscurrent transactions (8) related to its specific commitments under Chapter 8. It is recognised that particular pressures on the balance of payments of a Party in the process of economic development may necessitate the use of restrictions to ensure, inter alia, the maintenance of a level of financial reserves adequate for stable economic development.

Restrictions to Safeguard the Balance of Payments. 1. In the event of serious balance-of-balance of payments and external financial difficulties or threat thereof, a Party may adopt or maintain restrictions on crossborder trade in services, including on payments or transfers for transactions.transactions of crossborder trade in services. It is recognized that particular pressures on the balance of payments of a Party in the process of economic development may necessitate the use of restrictions to ensure, inter alia, the maintenance of a level of financial reserves adequate for

Restrictions to Safeguard the Balance of Payments. 1. In the event of serious balance-of-balance of payments and external financial difficulties or threat thereof, a Party may adopt or maintain restrictions on trade in services, including on payments or transfers for transactions.related to investments. It is recognized that particular pressures on the balance of payments of a Party in the process of economic development may necessitate the use of restrictions to ensure, inter alia,

Restrictions to Safeguard the Balance of Payments. 1. In the event of serious balance-of-difficulties in the balance of payments and external financial difficulties or threat thereof, a Party may adopt or maintain restrictions on trade in services, including on payments or transfers relationship with investments. It is recognised that particular pressures on the balance of payments of a Party in the process of economic development may need the use of restrictions, to ensure inter- alia, the maintenance of a level of financial reserves adequate for transactionsthe implementation of its programme of economic development.