Common use of Structural Adjustment Clause in Contracts

Structural Adjustment. 1. Exceptional measures of limited duration that derogate from the provisions of Article 3 may be taken by Syria in the form of an increase or reintroduction of customs duties during the transition period. a) These measures may only concern infant industries, or certain sectors undergoing restructuring or facing serious difficulties, particularly where these difficulties produce major social problems. b) Customs duties applicable on imports into Syria of products originating in Turkey introduced by these measures may not exceed 25% ad valorem and shall maintain an element of preference for products originating in Turkey. The total yearly average value of imports of the products that are subject to these measures may not exceed 20% of the total yearly average value of imports of industrial products originating in Turkey during the last three years for which statistics are available. c) These measures shall be applied for a period not exceeding five years unless a longer duration is authorised by the Association Council. They shall cease to apply at the latest on the expiration of the maximum transitional period of twelve years. d) No such measures may be introduced in respect of a product if more than three years have elapsed since the elimination of all duties and quantitative restrictions or charges or measures having equivalent effect concerning that product. e) Syria shall inform the Association Council of any exceptional measures it intends to take. Within thirty days after this notification, Turkey may request consultations on such measures and the sectors to which they apply before they are implemented. When taking such measures, Syria shall provide the Council with a timetable for the elimination of the customs duties introduced under this Article. This timetable shall provide for a phasing out of these duties in equal annual instalments starting at the latest two years after their introduction. The Association Council may decide on a different timetable. 2. By way of derogation from the sub-paragraph c) of the paragraph 1, the Association Council may exceptionally, in order to take account of the difficulties involved in setting up a new industry, authorise Syria to maintain the measures already taken pursuant to paragraph 1 for a maximum period of three years beyond the twelve years transitional period.

Structural Adjustment. 1. Exceptional measures of limited duration that which derogate from the provisions of Article 3 4 may be taken by Syria Jordan in the form of an increase or reintroduction of customs duties during the transition periodduties. a) 2. These measures may only concern infant industries, or certain sectors undergoing restructuring or facing serious difficulties, particularly where these difficulties produce major social problems. b) Customs 3. After the introduction of these measures, the total ad valorem customs duties applicable on imports into Syria of in Jordan to products originating in Turkey introduced by these measures the EFTA States may not exceed 25% ad valorem and shall maintain an element of preference for products originating in Turkeythe EFTA States. The total yearly average value of imports of the products that which are subject to these measures may not exceed 20% of the total yearly average value of imports of industrial products originating in Turkey the EFTA States during the last three years for which statistics are available. c) 4. These measures shall be applied for a period not exceeding five years unless a longer duration is authorised authorized by the Association CouncilJoint Committee. They shall cease to apply at the latest on the expiration expiry of the maximum transitional period of twelve years. d) 5. No such measures may be introduced in respect of a product if more than three four years have elapsed since the elimination of all duties and quantitative restrictions or charges or measures having equivalent effect concerning that product. e) Syria 6. Jordan shall inform the Association Council Joint Committee of any exceptional measures it intends to take. Within thirty days after this notificationtake and, Turkey may at the request of the EFTA States, consultations shall be held on such measures and the sectors to which they apply before they are implemented. When taking such measures, Syria measures Jordan shall provide the Council Joint Committee with a timetable for the elimination of the customs duties introduced under this Article. This timetable shall provide for a phasing out of these duties in equal annual instalments starting at the latest two years after their introduction. The Association Council Joint Committee may decide on a different timetable. 27. By way of derogation from the sub-paragraph c) 5 of the paragraph 1this Article, the Association Council Joint Committee may exceptionally, in order to take account of the difficulties involved in setting up a new industryindustry and when certain sectors are undergoing restructuring or facing serious difficulties, authorise Syria authorize Jordan to maintain the measures already taken pursuant to paragraph 1 for a maximum period of three years beyond the twelve years twelve-year transitional period.