Common use of Special Safeguard Measures Clause in Contracts

Special Safeguard Measures. 1. The Parties may apply a special safeguard measures (SSM) at any given time in a calendar year, for those products included in Annex 3.13 (Products subject to Special Safeguard Measures), whenever the imports of a product from the other Party have exceeded the trigger levels established in Annex 3.13. The trigger levels shall be a percentage of the yearly average growth of those imports made during the last 3 calendar years; as long as there have been imports consecutively in those years.

Special Safeguard Measures. 1. The Parties may apply a special safeguard measures Special Safeguard Measure (SSM) at any given time in a calendar year, for those products goods included in Annex 3.13 (Products subject to Special Safeguard Measures)3.14, whenever the percentage of the average imports of a product from the other Party good have exceeded the trigger levels established in Annex 3.133.14. The trigger levels percentage shall be a percentage of the yearly average growth of those imports made from the other Party to the average imports from the globe during the last 3 calendar years; as long as there have been imports consecutively in those three (3) years with importation, within the previous five (5) years.