Scope and Duration of Transitional Safeguard Measures. 1. A Party shall apply a safeguard measure only for such period of time as may be necessary to prevent or remedy serious injury and to facilitate adjustment. A Party may apply a safeguard measure for an initial period of no longer than two (2) years. The period of a safeguard measure may be extended by up to one (1) year provided that the conditions of this Chapter are met and that the safeguard measure continues to be applied to the minimum extent necessary to prevent or remedy serious injury and that there is evidence that the industry is adjusting. The total period of a safeguard measure, including any extensions thereof, shall not exceed three (3) years. Regardless of its duration or whether it has been subject to extension, a safeguard measure on a good shall terminate at the end of the transition period for such good. No new safeguard measure may be applied to a good after that date. 2. In order to facilitate adjustment in a situation where the proposed duration of a safeguard measure is over one (1) year, the Party applying the measure shall progressively liberalise it at regular intervals during the application of the measure, including at the time of any extension. 3. No safeguard measure shall be applied again to the import of a particular originating good which has been subject to such a safeguard measure, for a period of time equal to the duration of the previous safeguard measure or one (1) year, whichever is longer. 4. A Party shall not apply a safeguard or provisional measure on a good that is subject to a measure that the Party has applied pursuant to Article XIX of GATT 1994 and the WTO Agreement on Safeguards. 5. On the termination of a safeguard measure, the Party that applied the measure shall apply the rate of customs duty set out in its Tariff Schedule as specified in Annex 3.4 (Elimination of Customs Duties) on the date of termination as if the safeguard measure had never been applied.
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Samples: Free Trade Agreement, Free Trade Agreement, Trade Remedies Agreement
Scope and Duration of Transitional Safeguard Measures. β
1. A Party shall apply a safeguard measure only for such period of time as may be necessary to prevent or remedy serious injury and to facilitate adjustment. A Party may apply a safeguard measure for an initial period of no longer than two (2) years. The period of a safeguard measure may be extended by up to one (1) year provided that the conditions of this Chapter are met and that the safeguard measure continues to be applied to the minimum extent necessary to prevent or remedy serious injury and that there is evidence that the industry is adjusting. The total period of a safeguard measure, including any extensions thereof, shall not exceed three (3) years. Regardless of its duration or whether it has been subject to extension, a safeguard measure on a good shall terminate at within two years following the end of the transition period for such good. No new safeguard measure may be applied to a good after that date.
2. In order to facilitate adjustment in a situation where the proposed duration of a safeguard measure is over one (1) year, the Party applying the measure shall progressively liberalise it at regular intervals during the application of the measure, including at the time of any extension.
3. No safeguard measure A Party shall be applied again to the import of a particular originating good which has been subject to such not apply a safeguard measure, for a period of time equal to or provisional measure again on the duration same good until three years have elapsed since the date of the previous termination of the earlier safeguard measure or one (1) year, whichever is longerprovisional measure.
4. A Party shall may not apply a safeguard or provisional measure on a good that is subject to a measure that the Party has applied pursuant to Article XIX of GATT 1994 and the WTO Agreement on Safeguards, the WTO Agreement on Textiles and Clothing, or any other relevant provisions in the WTO Agreement, nor may a Party continue to maintain a safeguard or provisional measure on a good that becomes subject to a measure that the Party applies pursuant to Article XIX of GATT 1994 and the WTO Agreement on Safeguards, the WTO Agreement on Textiles and Clothing, or any other relevant provisions in the WTO Agreement.
5. A Party may not apply a safeguard measure to any good indicated by the letters SSG in its Tariff Schedule set out in Annex 1 nor to any good listed in Annex 1.3 which is subject to a tariff quota.
6. On the termination of a safeguard measure, the Party that applied the measure shall apply the rate of customs duty set out in its Tariff Schedule as specified in Annex 3.4 (Elimination of Customs Duties) 1 on the date of termination as if the safeguard measure had never been applied.
Appears in 2 contracts
Samples: Closer Economic Partnership Agreement, Closer Economic Partnership Agreement
Scope and Duration of Transitional Safeguard Measures. 1. A Party shall apply a safeguard measure only for such period of time as may be necessary to prevent or remedy serious injury and to facilitate adjustment. A Party may apply a safeguard measure for an initial period of no longer than two (2) years. The period of a safeguard measure may be extended by up to one (1) year provided that the conditions of this Chapter are met and that the safeguard measure continues to be applied to the minimum extent necessary to prevent or remedy serious injury and that there is evidence that the industry is adjusting. The total period of a safeguard measure, including any extensions thereof, shall not exceed three (3) years. Regardless of its duration or whether it has been subject to extension, a safeguard measure on a good shall terminate at within two years following the end of the transition period for such good. No new safeguard measure may be applied to a good after that date.
2. In order to facilitate adjustment in a situation where the proposed duration of a safeguard measure is over one (1) year, the Party applying the measure shall progressively liberalise it at regular intervals during the application of the measure, including at the time of any extension.
3. No safeguard measure A Party shall be applied again to the import of a particular originating good which has been subject to such not apply a safeguard measure, for a period of time equal to or provisional measure again on the duration same good until three years have elapsed since the date of the previous termination of the earlier safeguard measure or one (1) year, whichever is longerprovisional measure.
4. A Party shall may not apply a safeguard or provisional measure on a good that is subject to a measure that the Party has applied pursuant to Article XIX of GATT 1994 and the WTO Agreement on Safeguards, the WTO Agreement on Textiles and Clothing, or any other relevant provisions in the WTO Agreement, nor may a Party continue to maintain a safeguard or provisional measure on a good that becomes subject to a measure that the Party applies pursuant to Article XIX of GATT 1994 and the WTO Agreement on Safeguards, the WTO Agreement on Textiles and Clothing, or any other relevant provisions in the WTO Agreement.
5. A Party may not apply a safeguard measure to any good indicated by the letters SSG in its Tariff Schedule set out in Annex 1 nor to any good listed in Annex 1.3 which is subject to a tariff quota.
6. On the termination of a safeguard measure, the Party that applied the measure shall apply the rate of customs duty set out in its Tariff Schedule as specified in Annex 3.4 (Elimination of Customs Duties) 1 on the date of termination as if the safeguard measure had never been applied.
Appears in 2 contracts
Samples: Closer Economic Partnership Agreement, Closer Economic Partnership Agreement
Scope and Duration of Transitional Safeguard Measures. β
1. A Party shall apply a safeguard measure only for such period of time as may be necessary to prevent or remedy serious injury and to facilitate adjustment. A Party may apply a safeguard measure for an initial period of no longer than two (2) years. The period of a safeguard measure may be extended by up to one (1) year provided that the conditions of this Chapter are met and that the safeguard measure continues to be applied to the minimum extent necessary to prevent or remedy serious injury and that there is evidence that the industry is adjusting. The total period of a safeguard measure, including any extensions thereof, shall not exceed three (3) years. Regardless of its duration or whether it has been subject to extension, a safeguard measure on a good shall terminate at within two years following the end of the transition period for such good. No new safeguard measure may be applied to a good after that date.
2. In order to facilitate adjustment in a situation where the proposed duration of a safeguard measure is over one (1) year, the Party applying the measure shall progressively liberalise it at regular intervals during the application of the measure, including at the time of any extension.
3. No safeguard measure A Party shall be applied again to the import of a particular originating good which has been subject to such not apply a safeguard measure, for a period of time equal to or provisional measure again on the duration same good until three years have elapsed since the date of the previous termination of the earlier safeguard measure or one (1) year, whichever is longerprovisional measure.
4. A Party shall may not apply a safeguard or provisional measure on a good that is subject to a measure that the Party has applied pursuant to Article XIX of GATT 1994 and the WTO Agreement on Safeguards.
5. On , the termination of WTO Agreement on Textiles and Clothing, or any other relevant provisions in the WTO Agreement, nor may a Party continue to maintain a safeguard measureor provisional measure on a good that becomes subject to a measure that the Party applies pursuant to Article XIX of GATT 1994 and the WTO Agreement on Safeguards, the Party that applied WTO Agreement on Textiles and Clothing, or any other relevant provisions in the measure shall apply the rate of customs duty set out in its Tariff Schedule as specified in Annex 3.4 (Elimination of Customs Duties) on the date of termination as if the safeguard measure had never been appliedWTO Agreement.
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