Common use of Special Safeguards Clause in Contracts

Special Safeguards. Notwithstanding other provisions of this Agreement, given the particular sensitivity of the agricultural products, if imports of products originating in a Party, which are the subject of concessions granted under this Agreement, cause or threaten to cause serious injury to the markets or to their domestic regulatory mechanisms, in the other Party, both Parties shall enter into consultations immediately to find an appropriate solution according to rules indicated in Article 21. Pending such solution, the Party concerned may take the measures it deems necessary to repair the situation in domestic industry, in accordance with the relevant WTO rules.

Appears in 4 contracts

Samples: Association Agreement, Free Trade Agreement, Free Trade Agreement

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