Common use of Structural Adjustment Clause in Contracts

Structural Adjustment. 1. Exceptional measures of limited duration which are not in accordance with the provisions of Article 4 of this Agreement may be taken by any of the Contracting Parties in the form of increased customs duties. 2. These measures may only concern infant industries, or certain sectors undergoing restructuring or facing serious difficulties, particularly where these difficulties produce important social problems. 3. Customs duties on imports applicable in one of the Contracting Parties to products originating in the other Contracting Party introduced in accordance with the paragraphs 1 and 2 of this Article may not exceed 25% ad valorem and shall maintain an element of preference in customs duties for products originating in the other Contracting Party. The total value of imports of the products which are subject to these measures may not exceed 15% of total imports of industrial products from the other Contracting Party as defined in Chapter I of this Agreement, during the last year for which statistics are available. 4. Temporary measures may be applied for a period not exceeding the transitional period determined in paragraph 1, Article 1 of this Agreement. 5. The Contracting Party concerned shall inform the other Contracting Party of any exceptional measures it intends to take and, at the request of the other Contracting Party, consultations shall be held immediately within the Joint Committee on such measures and the sectors to which they apply. When taking such measures the Contracting Party concerned shall provide the Joint Committee with a schedule for the elimination of the customs duties introduced under this Article. This schedule shall provide for a phasing out of these duties starting at the latest two years after their introduction, at equal annual rates. The Joint Committee may decide on a different schedule.

Appears in 5 contracts

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

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Structural Adjustment. 1. Exceptional measures of limited duration duration, which are not in accordance with derogate from the provisions of Article 4 of to this Agreement Agreement, may be taken by any of the Contracting Parties in the form of increased customs duties. 2. These measures may only concern infant industries, or certain sectors undergoing restructuring or facing serious difficulties, particularly where these difficulties produce important social problems. 3. Customs duties on imports applicable in one of the respective Contracting Parties Party to products originating in the other Contracting Party introduced in accordance with the paragraphs 1 and 2 of this Article by these exceptional measures may not exceed 25% ad valorem and shall maintain an element of preference in customs duties for products originating in the other Contracting Party. The total value of imports of the products which are subject to these measures may not exceed 15% of total imports of industrial products from the other Contracting Party Party, as defined in Chapter I of this AgreementI, during the last year for which statistics are available. 4. Temporary These measures may shall be applied for a period not exceeding three years. Their operation shall cease by the end of the transitional period determined period, specified in paragraph 1, 1 of Article 1 of this AgreementAgreement at the latest. 5. The Contracting Party concerned shall inform the other Contracting Party of any exceptional measures it intends to take and, at the request of the other Contracting Party, consultations shall be held immediately within in the Joint Committee on such measures and the sectors to which they applyapply prior their introduction. When taking such measures the Contracting Party concerned shall provide the Joint Committee with a schedule for the elimination of the customs custom duties introduced under this Article. This schedule shall provide for a phasing out of these duties starting at the latest two years after their introduction, introduction at equal annual rates. The Joint Committee may decide on a different schedule.

Appears in 2 contracts

Samples: Free Trade Agreement, Free Trade Agreement

Structural Adjustment. 1. Exceptional measures of limited duration which are not in accordance with duration, derogating from the provisions of Article 4 of this Agreement 4, may be taken by any of the Contracting Parties in the form of increased customs duties. 2. These measures may only concern infant industries, or certain sectors undergoing restructuring or facing serious difficulties, particularly where these difficulties produce important social problems. 3. Customs duties on imports imports, applicable in one of the Contracting Parties Party concerned to products products, originating in the other Contracting Party Party, introduced in accordance with the paragraphs 1 and 2 of this Article by these measures may not exceed 25% 25 per cent ad valorem and shall maintain an element of preference in customs duties for products products, originating in the other Contracting Party. The total value of imports of the products which are product, subject to these measures measures, may not exceed 15% 15 per cent of total imports of industrial products from the other Contracting Party Party, as defined in Chapter I of this AgreementArticle 2, during the last year for which statistics are statistical data is available. 4. Temporary These measures may shall be applied for a period not exceeding five consecutive years, unless a longer duration is authorized by the Joint Committee. They shall cease to apply at the latest on the expiration of the transitional period determined in paragraph 1, Article 1 of this Agreementperiod. 5. No such measures can be introduced in respect to a product, if more than three years have elapsed since the elimination of all duties and quantitative restrictions, charges or measures, having equivalent effect concerning that product. 6. The Contracting Party concerned shall inform the other Contracting Party Joint Committee of any exceptional measures it intends to take and, at the upon request of the other Contracting Party, consultations shall be held immediately within the Joint Committee on such measures and the sectors to which they apply, before they are applied. When taking such measures measures, the Contracting Party concerned shall provide the Joint Committee with a schedule for the elimination of the customs duties duties, introduced under this Article. This schedule shall provide for a phasing out of these duties duties, starting at the latest two years after their introduction, at equal annual rates. The Joint Committee may decide on upon a different schedule.

Appears in 2 contracts

Samples: Free Trade Agreement, Free Trade Agreement

Structural Adjustment. 1. Exceptional measures of limited duration which are not in accordance with derogate from the provisions of Article 4 of this Agreement 3 may be taken by any of the Contracting Parties in the form of increased customs duties. 2. These measures may only concern infant industries, or certain sectors undergoing restructuring or facing serious difficulties, particularly where these difficulties produce important social problems. 3. Customs duties on imports applicable in one of the Contracting Parties Party concerned to products originating in the other Contracting Party introduced in accordance with the paragraphs 1 and 2 of this Article may not exceed by these measures maynot exceeed 25% ad valorem and shall maintain an element of preference in customs duties for products originating in the other Contracting PartyParties. The total value of imports of the products which are subject to these measures may not exceed exceeed 15% of total imports of industrial products from the other Contracting Party Parties as defined in Chapter I of this AgreementI., during the last year for of which statistics are available. 4. Temporary Those measures may shall be applied for a period not exceeding five years unless a longer duration is authorized by the Joint Committee. They shall cease to apply at the latest at the expiration of the transitional period determined in paragraph 1, Article 1 of this Agreementperiod. 5. No such measures can be introduced in respect of a product if more than three years elapsed since the elimination of all duties and quantitative restrictions or charges or measures having an equivalent effect concerning that product. 6. The Contracting Party concerned shall inform the other Contracting Party Joint Committee of any exceptional measures it i t intends to take and, at the request of the other Contracting PartyParties, consultations shall be held immediately within in the Joint Committee on such measures measure and the sectors to which they applyapply before they are applied. When taking such measures the Contracting Party party concerned shall provide the Joint Committee with a schedule for the elimination of the customs duties introduced under this Article. This schedule shall provide for a phasing out of these duties starting startintg at the latest two years after their introduction, at equal annual rates. The Joint Committee may decide on a different schedule.

Appears in 2 contracts

Samples: Central European Free Trade Agreement, Central European Free Trade Agreement

Structural Adjustment. 1. Exceptional measures of limited duration which are not in accordance with derogate from the provisions of Article 4 of this Agreement may be taken by any of the Contracting Parties in the form of increased customs duties. 2. These measures may only concern infant industries, industries or certain sectors undergoing restructuring or facing serious difficulties, particularly where these difficulties produce important social problems. 3. Customs duties on imports imports, applicable in one the territory of the Contracting Parties State of the Party concerned to products originating in the territory of the State of the other Contracting Party Party, introduced in accordance with the paragraphs 1 and 2 of this Article by these measures may not exceed 25% ad valorem and shall maintain an the element of preference in customs duties for products originating in the territory of the State of the other Contracting Party. The total value of imports of the products which are subject to these measures may not exceed 15% of total imports of industrial products from the territory of the State of the other Contracting Party Party, as defined in Chapter I of this Agreement, during the last year for which statistics are available. 4. Temporary The measures may be applied for a period not exceeding five years. They shall cease to apply at the expiration of the transitional period determined in paragraph 1period, Article 1 of this Agreementunless a longer duration is authorised by the Joint Committee. 5. No such measures may be introduced in respect of a product if more than three years have elapsed since the elimination of all customs duties and quantitative restrictions or charges or measures having an equivalent effect concerning that product. 6. The Contracting Party concerned shall inform the other Contracting Party of any exceptional measures it intends to take and, at the request of the other Contracting Party, consultations shall be held immediately within in the Joint Committee on such measures and the sectors to which they applyapply before they are applied. When taking such measures the Contracting Party concerned shall provide the Joint Committee with a schedule for the elimination of the customs duties introduced under this Article. This schedule shall provide for a phasing out of these duties starting at the latest two years after their introduction, at equal annual rates. The Joint Committee may decide on a different schedule.

Appears in 2 contracts

Samples: Free Trade Agreement, Free Trade Agreement

Structural Adjustment. 1. Exceptional measures of limited duration which are not in accordance with derogate from the provisions of Article 4 of this Agreement 3 may be taken by any of the Contracting Parties in the form of increased customs duties. 2. These measures may only concern infant industries, or certain sectors undergoing restructuring or facing serious difficulties, particularly where these difficulties produce important social problems. 3. Customs duties on imports applicable in one of the Contracting Parties Party concerned to products originating in the other Contracting Party introduced in accordance with the paragraphs 1 and 2 of this Article by these measures may not exceed 25% ad valorem and shall maintain an element of preference in customs duties for products originating in the other Contracting PartyParties. The total value of imports of the products which are subject to these measures may not exceed 15% of total imports of industrial products from the other Contracting Party Parties as defined in Chapter I of this AgreementI., during the last year for of which statistics are available. 4. Temporary Those measures may shall be applied for a period not exceeding five years unless a longer duration is authorized by the Joint Committee. They shall cease to apply at the latest at the expiration of the transitional period determined in paragraph 1, Article 1 of this Agreementperiod. 5. No such measures can be introduced in respect of a product if more than three years elapsed since the elimination of all duties and quantitative restrictions or charges or measures having an equivalent effect concerning that product. 6. The Contracting Party concerned shall inform the other Contracting Party Joint Committee of any exceptional measures it intends to take and, at the request of the other Contracting PartyParties, consultations shall be held immediately within in the Joint Committee on such measures measure and the sectors to which they applyapply before they are applied. When taking such measures the Contracting Party party concerned shall provide the Joint Committee with a schedule for the elimination of the customs duties introduced under this Article. This schedule shall provide for a phasing out of these duties starting startintg at the latest two years after their introduction, at equal annual rates. The Joint Committee may decide on a different schedule.

Appears in 2 contracts

Samples: Central European Free Trade Agreement, Central European Free Trade Agreement

Structural Adjustment. 1. Exceptional measures of limited duration which are not in accordance with derogate from the provisions of Article 4 of this Agreement Agreement, may be taken for industrial products by any of the Contracting Parties in the form of increased customs duties. 2. These measures may only concern infant industries, or certain sectors undergoing restructuring or facing serious difficulties, particularly where these difficulties produce important social problems. 3. Customs duties on imports applicable in one of the Contracting Parties Party concerned to products originating in the other Contracting Party introduced in accordance with the paragraphs 1 and 2 of this Article may not exceed 2525 % ad valorem and shall maintain an element of preference in customs duties for products originating in the other Contracting Party. The total value of imports of the products which are subject to these measures may not exceed 1515 % of total imports of industrial products from the other Contracting Party as defined in Chapter I of this Agreement, during the last year for which statistics are available. 4. Temporary These measures may shall be applied for a period not exceeding the transitional period determined in paragraph 1, 1 of Article 1 of this Agreement. 5. The Contracting Party concerned shall inform the other Contracting Party of any exceptional measures it intends to take and, at the request of the other Contracting Party, consultations shall be held immediately within the Joint Committee on such measures and the sectors to which they applyapply prior to their introduction. When taking such measures the Contracting Party concerned shall provide the Joint Committee with a schedule for the elimination of the customs duties introduced under this Article. This schedule shall provide for a phasing out of these duties starting at the latest two years after their introduction, at equal annual rates. The Joint Committee may decide on a different schedule.

Appears in 2 contracts

Samples: Free Trade Agreement, Free Trade Agreement

Structural Adjustment. 1. Exceptional measures of limited duration duration, which are not in accordance with derogate from the provisions of Article 4 of this Agreement Agreement, may be taken by any of the Contracting Parties in the form of increased customs duties. 2. These measures may only concern infant industries, or certain sectors undergoing restructuring or facing serious difficulties, particularly where these difficulties produce important social problems. 3. Customs duties on imports imports, applicable in one of the Contracting Parties Party concerned to products originating in the other Contracting Party Party, introduced in accordance with the paragraphs 1 and 2 of this Article by these measures may not exceed 25% ad valorem and shall maintain an the element of preference in customs duties for products originating in the other Contracting PartyParties. The total value of imports of the products which are subject to these measures may not exceed 15% of total imports of industrial products from the other Contracting Party Party, as defined in Chapter I of this Agreement, during the last year for which statistics are available. 4. Temporary The measures may be applied for a period not exceeding five years unless a longer duration is authorised by the Joint Committee. They shall cease to apply at the expiration of the transitional period determined in paragraph 1, Article 1 of this Agreementperiod. 5. No such measures may be introduced in respect of a product if more than three years elapsed since the elimination of all customs duties and quantitative restrictions or charges or measures having an equivalent effect concerning that product. 6. The Contracting Party concerned shall inform the other Contracting Party of any exceptional measures it intends to take and, at the request of the other Contracting Party, consultations shall be held immediately within in the Joint Committee on such measures and the sectors to which they applyapply before they are applied. When taking such measures the Contracting Party concerned shall provide the Joint Committee with a schedule for the elimination of the customs duties introduced under this Article. This schedule shall provide for a phasing out of these duties starting at the latest two years after their introduction, at equal annual rates. The Joint Committee may decide on a different schedule.

Appears in 2 contracts

Samples: Free Trade Agreement, Free Trade Agreement

Structural Adjustment. 1. Exceptional measures of limited duration which are not in accordance with the provisions of Article 4 of this Agreement duration, may be taken by any of the Contracting Parties in the form of increased customs duties. 2. These measures may only concern infant industries, or certain sectors undergoing restructuring or facing serious difficulties, particularly where these difficulties produce important social problems. 3. Customs duties on imports imports, applicable in one of the Contracting Parties Party concerned to products products, originating in the other Contracting Party Party, introduced in accordance with the paragraphs 1 and 2 of this Article by these measures may not exceed 25% ad valorem and shall maintain an element of preference in customs duties for products products, originating in the other Contracting Party. The total value of imports of the products which are product, subject to these measures measures, may not exceed 15% of total imports of industrial products from the other Contracting Party Party, as defined in Chapter I of this AgreementArticle 4, during the last year for which statistics are statistical data is available. 4. Temporary These measures may shall be applied for a period not exceeding five consecutive years, unless a longer duration is authorized by the transitional period determined in paragraph 1, Article 1 of this AgreementJoint Committee. 5. No such measures can be introduced in respect to a product, if more than three years have elapsed since the elimination of all duties and quantitative restrictions, charges or measures, having equivalent effect concerning that product. 6. The Contracting Party concerned shall inform the other Contracting Party Joint Committee of any exceptional measures it intends to take and, at the upon request of the other Contracting Party, consultations shall be held immediately within the Joint Committee on such measures and the sectors to which they apply, before they are applied. When taking such measures measures, the Contracting Party concerned shall provide the Joint Committee with a schedule for the elimination of the customs duties duties, introduced under this Article. This schedule shall provide for a phasing out of these duties duties, starting at the latest two years after their introduction, at equal annual rates. The Joint Committee may decide on upon a different schedule.

Appears in 2 contracts

Samples: Free Trade Agreement, Free Trade Agreement

Structural Adjustment. 1. Exceptional measures of limited duration which are not in accordance with derogate from the provisions of Article 4 23 (Elimination of this Agreement Customs Duties on Imports and Charges Having Equivalent Effect) may be taken by any of the Contracting Parties in the form of increased customs duties. 2. These measures may only concern infant industries, or certain sectors undergoing restructuring or facing serious difficulties, particularly where these difficulties produce important social problems. 3. Customs duties on imports applicable in one of the Contracting Parties to products originating in the other Contracting Party introduced in accordance with the paragraphs 1 and 2 of this Article by these measures may not exceed 2525 % ad valorem and shall maintain an element of preference in customs duties for products originating in the other Contracting Party. The total value of imports of the products which are subject to these measures may not exceed 15% of total imports of industrial products from the other Contracting Party as defined in Chapter I of this Agreement, Article 22 (Scope) during the last year for which statistics are available. 4. Temporary These measures may shall be applied for a period not exceeding five years unless a longer duration is authorized by the Joint Committee. They shall cease to apply at the latest on the expiry of the transitional period determined period. No such measures can be introduced in paragraph 1, Article 1 respect of this Agreement. 5a product if more than three years have elapsed since the elimination of all duties and quantitative restrictions or charges or measures having an equivalent effect concerning that product. The Contracting Party concerned Parties shall inform the other Contracting Party Joint Committee of any exceptional measures it intends they intend to take and, at the request of the other Contracting either Party, consultations shall be held immediately within in the Joint Committee on such measures and the sectors to which they applyapply before they are applied. When taking such measures the Contracting Party concerned Parties shall provide the Joint Committee with a schedule for the elimination of the customs duties introduced under this Article. This schedule shall provide for a phasing out of these duties starting at the latest two years after their introduction, at equal annual rates. The Joint Committee may decide on a different schedule.

Appears in 1 contract

Samples: Free Trade Agreement

Structural Adjustment. 1. Exceptional measures of limited duration which are not in accordance with the provisions of Article 4 of this Agreement may be taken by any of the Contracting Parties in the form of increased customs duties. 2. These measures may only concern infant industries, or certain sectors undergoing restructuring or facing serious difficulties, particularly where these difficulties produce important social problems. 3. Customs duties on imports applicable in one of the Contracting Parties to products originating in the other Contracting Party introduced in accordance with the paragraphs 1 and 2 of this Article may not exceed 25% ad valorem and shall maintain an element of preference in customs duties for products originating in the other Contracting Party. The total value of imports of the products which are subject to these measures may not exceed 15% of total imports of industrial products from the other Contracting Party as defined in Chapter I of this Agreement, during the last year for which statistics are available. 4. Temporary These measures may shall be applied for a period not exceeding five successive years unless a longer duration is authorized by the transitional period determined in paragraph 1, Article 1 of this AgreementJoint Committee. 5. The Contracting Party concerned shall inform the other Contracting Party of any exceptional measures it intends to take and, at the request of the other Contracting Party, consultations shall be held immediately within the Joint Committee on such measures and the sectors to which they apply. When taking such measures the Contracting Party concerned shall provide the Joint Committee with a schedule for the elimination of the customs duties introduced under this Article. This schedule shall provide for a phasing out of these duties starting at the latest two years after their introduction, at equal annual rates. The Joint Committee may decide on a different schedule.

Appears in 1 contract

Samples: Free Trade Agreement

Structural Adjustment. 1. Exceptional Either Contracting Party may take exceptional measures of limited duration duration, which are not in accordance with derogate from the provisions of Article 4 of this Agreement may be taken by any of the Contracting Parties Agreement, in the form of increased customs duties. 2. These measures may only concern infant industries, or certain sectors undergoing restructuring or facing serious difficulties, particularly where these difficulties produce important social problems. 3. Customs duties on imports applicable in one of the Contracting Parties to products originating in the other Contracting Party introduced in accordance with the paragraphs 1 and 2 of this Article may not exceed 25% ad valorem and shall maintain an element of preference in customs duties for products originating in the other Contracting Party. The total value of imports of the products products, which are subject to these measures measures, may not exceed 15% of total imports of industrial those products from the other Contracting Party as defined listed in Chapter I of this Agreement, during the last year for which statistics are available. 4. Temporary measures may shall be applied for a period not exceeding the transitional period determined in paragraph 1, 1 of Article 1 of this Agreement. 5. The Contracting Party concerned shall inform the other Contracting Party of any exceptional measures it intends to take and, at the request of the other Contracting Party, consultations shall be held immediately within the Joint Committee on such measures and the sectors to which they apply. When taking such measures the Contracting Party concerned shall provide the Joint Committee with a schedule for the elimination of the customs duties introduced under this Article. This schedule shall provide for a phasing out of these duties starting at the latest two years after their introduction, at equal annual rates. The Joint Committee may decide on a different schedule.

Appears in 1 contract

Samples: Free Trade Agreement

Structural Adjustment. 1. Exceptional measures of limited duration which are not in accordance with derogate from the provisions of Article 4 of this Agreement 3 may be taken by any of the Contracting Parties in the form of increased customs duties. 2. These measures may only concern infant industries, or certain sectors undergoing restructuring or facing serious difficulties, particularly where these difficulties produce important social problems. 3. Customs duties on imports applicable in one of the Contracting Parties Party concerned to products originating in the other Contracting Party introduced in accordance with the paragraphs 1 and 2 of this Article by these measures may not exceed 25% 25 per cent ad valorem and shall maintain an element of preference in customs duties duty rate for products originating in the other Contracting Party. The total value of imports of the products which are subject to these measures may not exceed 15% 15 per cent of total imports of industrial products from the other Contracting Party as defined in Chapter I of this Agreement, during the last year for which statistics are available. 4. Temporary These measures may shall be applied for a period not exceeding three years. They shall cease to apply on 1 January 2001 at the transitional period determined in paragraph 1, Article 1 of this Agreementlatest. 5. No such measures can be introduced in respect of a product if more than two years have elapsed since the elimination of all customs duties and quantitative restrictions or charges or measures having an equivalent effect concerning that product. 6. The Contracting Party concerned shall inform the other Contracting Party of any exceptional measures it intends to take and, at the upon request of the other Contracting Party, consultations shall be held immediately within the Joint Committee on such measures and the sectors to which they applyapply prior to their introduction. When taking such measures the Contracting Party concerned shall provide the Joint Committee with a schedule for the elimination of the customs duties introduced under this Article. This schedule shall provide for a phasing out of these customs duties starting at the latest two years one year after their introduction, at equal annual rates. The Joint Committee may decide on a different schedule.

Appears in 1 contract

Samples: Free Trade Agreement

Structural Adjustment. 1. Exceptional measures of limited duration which are not in accordance with derogate from the provisions of Article 4 of this Agreement may be taken by any either of the Contracting Parties in the form of increased customs duties. 2. These measures may only concern infant industries, or certain sectors undergoing restructuring or facing serious difficulties, particularly where these difficulties produce important social problems. 3. Customs duties on imports applicable in one of the Contracting Parties Party concerned to products originating in the other Contracting Party introduced in accordance with the paragraphs 1 and 2 of this Article by these measures may not exceed 2525 % ad valorem and shall maintain an element of preference in customs duties for products originating in the other Contracting Party. The total value of imports of the products product which are subject to these measures may not exceed 15% of total imports of industrial products from the other Contracting Party as defined in Chapter I of this Agreement, Article 2 during the last year for which statistics are available. 4. Temporary These measures may shall be applied for a period not exceeding three consecutive years in respect of a certain product from the transitional period determined in paragraph 1date all duties, Article 1 of this Agreementquantitative restrictions, charges or measures having an equivalent effect have been eliminated concerning that product. 5. The Contracting Party concerned shall inform the other Contracting Party Joint Committee of any exceptional measures it i t intends to take and, at the request of the other Contracting Party, Party consultations shall be held immediately within the Joint Committee on such measures and the sectors to which they applyapply before they are applied. When taking such measures the Contracting Party concerned shall provide the Joint Committee with a schedule for the elimination of the customs duties introduced under this Article. This schedule shall provide for a phasing out of these duties starting at the latest two years after their introduction, at equal annual rates. The Joint Committee may decide on a different schedule.

Appears in 1 contract

Samples: Free Trade Agreement

Structural Adjustment. 1. Exceptional measures of limited duration which are not in accordance with derogate from the provisions of Article 4 of this Agreement Agreement, may be taken for industrial products by any of the Contracting Parties in the form of increased customs duties. 2. These measures may only concern infant industries, or certain sectors undergoing restructuring or facing serious difficulties, particularly where these difficulties produce important social problems. 3. Customs duties on imports applicable in one of the Contracting Parties Party concerned to products originating in the other Contracting Party introduced in accordance with the paragraphs 1 and 2 of this Article may not exceed 2525 % ad valorem and shall maintain an element of preference in customs duties for products originating in the other Contracting Party. The total value of imports of the products which are subject to these measures may not exceed 1515 % of total imports of industrial products from the other Contracting Party as defined in Chapter I of this Agreement, during the last year for which statistics are available. 4. Temporary These measures may shall be applied for a period not exceeding the transitional period determined in paragraph 1, 1 of Article 1 of this Agreement. 5. The Contracting Party concerned shall inform the other Contracting Party of any exceptional measures it intends to take and, at the request of the other Contracting Party, consultations shall be held immediately within the Joint Committee on such measures and the sectors to which they applyapply prior to their introduction. When taking such measures the Contracting Party concerned shall provide the Joint Committee with a schedule for the elimination of the customs duties introduced under this Article. This schedule shall provide for a phasing out of these duties starting at the latest two years after their introduction, at equal annual rates. The Joint Committee may decide on a different schedule.

Appears in 1 contract

Samples: Free Trade Agreement

Structural Adjustment. 1. Exceptional measures of limited duration which are not in accordance with derogate from the provisions of Article 4 of this Agreement 3 may be taken by any of the Contracting Parties in the form of increased customs duties. 2. These measures may only concern infant industries, or certain sectors undergoing restructuring or facing serious difficulties, particularly where these difficulties produce important social problems. 3. Customs duties on imports applicable in one of the Contracting Parties Party concerned to products originating in the other Contracting Party Party, introduced in accordance with the paragraphs 1 and 2 of this Article by these measures may not exceed 25% 25 per cent ad valorem and shall maintain an element of preference in customs duties for products originating in the other Contracting PartyParties. The total value of imports of the products which are subject to these measures may not exceed 15% 15 per cent of total imports of industrial products from the other Contracting Party as defined in Chapter I of this AgreementI, during the last year for which statistics are available. 4. Temporary These measures may shall be applied for a period not exceeding three years. They shall cease to apply at the transitional period determined in paragraph 1, Article latest on 1 of this AgreementJanuary 2001. 5. No such measures may be introduced in respect of a product if more than three years elapsed since the elimination of all customs duties and quantitative restrictions or charges or measures having an equivalent effect concerning that product. 6. The Contracting Party concerned shall inform the other Contracting Party of any exceptional measures it intends to take under this article and, at the request of the other Contracting Party, consultations shall be held immediately within the Joint Committee on such measures and the sectors to which they applyapply prior to their introduction. When taking such measures the Contracting Party concerned shall provide the Joint Committee with a schedule for the elimination of the customs duties introduced under this Article. This schedule shall provide for a phasing out of these duties starting at the latest two years after their introduction, at equal annual rates. The Joint Committee may decide on a different schedule.

Appears in 1 contract

Samples: Free Trade Agreement

Structural Adjustment. 1. Exceptional measures of limited duration which are not in accordance with derogate from the provisions of Article 4 of this Agreement may be taken by any of the Contracting Parties in the form of increased customs duties. 2. These measures may only concern infant industries, or certain sectors undergoing restructuring or facing serious difficulties, particularly where these difficulties produce important social problems. 3. Customs duties on imports applicable in one of the Contracting Parties to products originating in the other Contracting Party introduced in accordance with the paragraphs 1 and 2 of this Article by these measures may not exceed 25% ad valorem and shall maintain an element of preference in customs duties for products originating in the other Contracting Party. The total value of imports of the products which are subject to these measures may not exceed 1515 % of total imports of industrial products from the other Contracting Party as defined in Chapter I Article 3 of this Agreement, during the last year for which statistics are available. 4. Temporary These measures may shall be applied for a period not exceeding five years unless a longer duration is authorized by the Joint Committee. They shall cease to apply at the latest on the expiry of the transitional period determined period. No such measures can be introduced in paragraph 1, Article 1 respect of this Agreement. 5a product if more than three years have elapsed since the elimination of all duties and quantitative restrictions or charges or measures having an equivalent effect concerning that product. The Contracting Party concerned Parties shall inform the other Contracting Party Joint Committee of any exceptional measures it intends they intend to take and, at the request of the other Contracting either Party, consultations shall be held immediately within in the Joint Committee on such measures and the sectors to which they applyapply before they are applied. When taking such measures the Contracting Party concerned Parties shall provide the Joint Committee with a schedule for the elimination of the customs duties introduced under this Article. This schedule shall provide for a phasing out of these duties starting at the latest two years after their introduction, at equal annual rates. The Joint Committee may decide on a different schedule.

Appears in 1 contract

Samples: Free Trade Agreement

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Structural Adjustment. 1. Exceptional measures of limited duration which are not in accordance with the provisions of Article 4 of this Agreement may be taken by any of the Contracting Parties in the form of increased customs dutiesduties which derogate from the provisions of Article 4 (Customs duties on imports and charges having equivalent effect) may be taken by Macedonia. 2. These measures may only concern infant industries, or certain sectors undergoing restructuring or facing serious difficulties, particularly where these difficulties produce important social problems. 3. Customs duties on imports applicable in one of the Contracting Parties Macedonia to products originating in the other Contracting Party EFTA States introduced in accordance with by these measures may, after the paragraphs 1 and 2 introduction of this Article may these measures, not exceed 25% in total 25 per cent ad valorem and shall maintain an element of preference in customs duties for products originating in the EFTA States. They may not exceed customs duties levied on imports to Macedonia of similar goods from any other Contracting Partycountry. The total value of imports of the products which are subject to these measures may not exceed 15% 15 per cent of total imports of industrial products from the other Contracting Party EFTA States as defined in Chapter I of this Agreement, Article 2(a) during the last year for which statistics are available. 4. Temporary measures may be applied for a period not exceeding the transitional period determined in paragraph 1, Article 1 of this Agreement. 5. The Contracting Party concerned Macedonia shall inform the other Contracting Party Joint Committee of any exceptional measures it intends to take and, at the request of the other Contracting PartyEFTA States, consultations shall be held immediately within in the Joint Committee on such measures and the sectors to which they applyapply before they are implemented. When taking such measures the Contracting Party concerned Macedonia shall provide the Joint Committee with a schedule for the elimination of the customs duties introduced under this Article. This schedule shall provide for a phasing out of these duties at equal annual rates starting at the latest two years after their introduction, at equal annual ratesunless the Joint Committee decides on a different schedule. 5. The application of exceptional measures specified in this Article shall not exceed three years. All exceptional measures regarding structural adjustment shall cease to apply nine years after the entry into force of this Agreement. The Joint Committee may decide on a different scheduletime periods than those specified in this paragraph.

Appears in 1 contract

Samples: Free Trade Agreement

Structural Adjustment. 1. Exceptional measures of limited duration which are not in accordance with derogate from the provisions of Article 4 of this Agreement 3 may be taken by any of the Contracting Parties in the form of increased customs duties. 2. These measures may only concern infant industries, or certain sectors undergoing restructuring or facing serious difficulties, particularly where these difficulties produce important social problems. 3. Customs duties on imports applicable in one of the Contracting Parties Party concerned to products originating in the other Contracting Party introduced in accordance with the paragraphs 1 and 2 of this Article by these measures may not exceed 25% 25 per cent ad valorem and shall maintain an element of preference in customs duties for products originating in the other Contracting Party. The total value of imports of the products which are subject to these measures may not exceed 15% 15 per cent of total imports of industrial products from the other Contracting Party as defined in Chapter I of this Agreement, during the last year for which statistics are available. 4. Temporary These measures may shall be applied for a period not exceeding three years, unless longer duration is authorized by the transitional period determined in paragraph 1, Article Joint Committee. They shall cease to apply on 1 of this AgreementJanuary 2001 at the latest. 5. No such measures can be introduced in respect of a product if more than two years have elapsed since the entry into force of this Agreement or elimination of all customs duties and quantitative restrictions or charges or measures having an equivalent effect concerning that product. 6. The Contracting Party concerned shall inform the other Contracting Party of any exceptional measures it i t intends to take and, at the upon request of the other Contracting Party, consultations shall be held immediately within the Joint Committee on such measures and the sectors to which they applyapply prior t o their introduction. When taking such measures the Contracting Party concerned shall provide the Joint Committee with a schedule for the elimination of the customs duties introduced under this Article. This schedule shall provide for a phasing out of these customs duties starting at the latest two years one year after their introduction, at equal annual rates. The Joint Committee may decide on a different schedule. Article 3 1 Re-export and serious shortage Where compliance with the provisions of Articles 5 and 7 leads to: (a) re-export towards a third country against which the exporting Party maintains for the product concerned quantitative export restrictions, export duties or measures or charges having equivalent effect; or (b) a serious shortage, or threat thereof, of a product essential to the exporting Party; and where the situations referred to above give rise or are likely to give rise to major difficulties for the exporting Party, that Party may take appropriate measures under the conditions and in accordance with the procedure laid down in Article 33 .

Appears in 1 contract

Samples: Free Trade Agreement

Structural Adjustment. 1. Exceptional measures of limited duration which are not in accordance with duration, derogating from the provisions of Article 4 of this Agreement Agreement, may be taken by any of the Contracting Parties in the form of increased customs duties. 2. These measures may only concern infant industries, or certain sectors undergoing restructuring or facing serious difficulties, particularly where these difficulties produce important social problems. 3. Customs duties on imports imports, applicable in one of the Contracting Parties Party concerned to products originating in the other Contracting Party Party, introduced in accordance with the paragraphs 1 and 2 of this Article by these measures may not exceed 25% ad valorem and shall maintain an element of preference in customs duties for products products, originating in the other Contracting Party. The total value of imports of the products product which are subject to these measures may not exceed 15% of total imports of industrial products from the other Contracting Party Party, as defined in Chapter I of this AgreementI, during the last year for which statistics are statistical data is available. 4. Temporary These measures may shall be applied for a period not exceeding five years, unless a longer duration is authorized by the Joint Committee. They shall cease to apply at the expiration of the transitional period determined in paragraph 1, Article 1 of this Agreementperiod. 5. No such measures can be introduced in respect to a product if more than three years have elapsed since the elimination of all duties and quantitative restrictions, charges or measures having equivalent effect concerning that product. 6. The Contracting Party concerned shall inform the other Contracting Party of any exceptional measures it intends to take and, at the request of the other Contracting Party, consultations shall be held immediately within the Joint Committee on such measures and the sectors to which they apply, before they are applied. When taking such measures the Contracting Party concerned shall provide the Joint Committee with a schedule for the elimination of the customs duties introduced under this Article. This schedule shall provide for a phasing out of these duties starting at the latest two years after their introduction, at equal annual rates. The Joint Committee may decide on upon a different schedule.

Appears in 1 contract

Samples: Free Trade Agreement

Structural Adjustment. 1. Exceptional measures of a limited duration which are not in accordance with derogate from the provisions of Article 4 of this Agreement may be taken by any of the Contracting Parties in the form of increased customs duties. 2. These measures may only concern infant industries, or certain sectors undergoing restructuring or facing serious difficulties, particularly where these difficulties produce important social problems. 3. Customs duties on imports applicable in one of the Contracting Parties Party concerned to products originating in the other Contracting Party introduced in accordance with the paragraphs 1 and 2 of this Article by these measures may not exceed 2525 % ad valorem and shall maintain contain an element of preference in customs duties for products originating in the other Contracting Party. The total value of imports of the products which are subject to these measures may not exceed 15% of the total imports of industrial products from the other Contracting Party as defined in Chapter I of this Agreement, Article 2 during the last year for which statistics are available. 4. Temporary These measures may shall be applied for a period not exceeding three consecutive years. 5. No such measures shall be introduced in respect of a product if more than three years have elapsed since the transitional period determined in paragraph 1, Article 1 entry into force of this Agreement. 56. The Contracting Party concerned shall inform the other Contracting Party Joint Committee of any exceptional measures it intends to take and, at the request of the other Contracting Party, consultations shall be held immediately within the Joint Committee on such measures and the sectors to which they applyapply before their introduction. When taking such measures the Contracting Party concerned shall provide the Joint Committee with a schedule for the elimination of the customs duties introduced under this Article. This schedule shall provide for a phasing out of these duties starting at the latest two years one year after their introduction, at equal annual rates. The Joint Committee may decide on a different schedule.

Appears in 1 contract

Samples: Free Trade Agreement

Structural Adjustment. 1. Exceptional measures of limited duration which are not in accordance with derogate from the provisions of Article 4 23 (Elimination of this Agreement Customs Duties on Imports and Charges Having Equivalent Effect) may be taken by any of the Contracting Parties in the form of increased customs duties. 2. These measures may only concern infant industries, or certain sectors undergoing restructuring or facing serious difficulties, particularly where these difficulties produce important social problems. 3. Customs duties on imports applicable in one of the Contracting Parties to products originating in the other Contracting Party introduced in accordance with the paragraphs 1 and 2 of this Article by these measures may not exceed 2525 % ad valorem and shall maintain an element of preference in customs duties for products originating in the other Contracting Party. The total value of imports of the products which are subject to these measures may not exceed 15% of total imports of industrial products from the other Contracting Party as defined in Chapter I of this Agreement, Article 22 (Scope) during the last year for which statistics are available. 4. Temporary These measures may shall be applied for a period not exceeding five years unless a longer duration is authorized by the Joint Committee. They shall cease to apply at the latest on the expiry of the transitional period determined in paragraph 1, Article 1 of this Agreementperiod. 5. No such measures can 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 an equivalent effect concerning that product. 6. The Contracting Party concerned Parties shall inform the other Contracting Party Joint Committee of any exceptional measures it intends they intend to take and, at the request of the other Contracting either Party, consultations shall be held immediately within in the Joint Committee on such measures and the sectors to which they applyapply before they are applied. When taking such measures the Contracting Party concerned Parties shall provide the Joint Committee with a schedule for the elimination of the customs duties introduced under this Article. This schedule shall provide for a phasing out of these duties starting at the latest two years after their introduction, at equal annual rates. The Joint Committee may decide on a different schedule.

Appears in 1 contract

Samples: Free Trade Agreement

Structural Adjustment. 1. Exceptional measures of limited duration which are not in accordance with duration, derogating from the provisions of Article 4 of this Agreement Agreement, may be taken by any of the Contracting Parties Party in the form of increased customs duties. 2. These measures may only concern infant industries, or certain sectors undergoing restructuring or facing serious difficulties, particularly where these difficulties produce important social problems. 3. Customs duties on imports applicable in one of the Contracting Parties Party concerned to products originating in the other Contracting Party introduced in accordance with the paragraphs 1 and 2 of this Article may not exceed 25% ad valorem and shall maintain an element of preference in customs custom duties for products originating in the other Contracting Party. The total value of imports of the products which are subject to these measures may not exceed 15% of the total imports of industrial products from the other Contracting Party as defined in Chapter I of this Agreement, during the last year for which statistics statistic data are available. 4. Temporary These measures may shall be applied for a period that will not exceeding five successive years, unless a longer duration is authorized by the transitional period determined in paragraph 1, Article 1 of this AgreementJoint Committee. 5. No such measures can be in introduced in respect to a product, if more than three years have elapsed since the removal of all customs duties and quantitative restrictions or measures having equivalent effect concerning that product. 6. The Contracting Party concerned shall inform the other Contracting Party of any exceptional measures measure it intends to take and, at the request of the other Contracting Party, consultations shall be held immediately within the Joint Committee on regarding such measures and the sectors to which they apply, even before they are put into force. When taking such measures measures, the Contracting Party concerned shall provide the Joint Committee with a schedule for the elimination of the customs duties introduced under this Article. This schedule shall provide for a phasing out of these duties starting at the latest two years after their introduction, at equal annual rates. The Joint Committee may decide on a different schedule.

Appears in 1 contract

Samples: Free Trade Agreement

Structural Adjustment. 1. Exceptional measures of limited duration which are not in accordance with derogate from the provisions of Article 4 of this Agreement 3 may be taken by any of the Contracting Parties in the form of increased customs duties. 2. These measures may only concern infant industries, or certain sectors undergoing restructuring or facing serious difficulties, particularly where these difficulties produce important social problems. 3. Customs duties on imports applicable in one of the Contracting Parties Party concerned to products originating in the other Contracting Party introduced in accordance with the paragraphs 1 and 2 of this Article may not exceed by these measures maynot exceeed 25% ad valorem and shall maintain an element of preference in customs duties for products originating in the other Contracting PartyParties. The total value of imports of the products which are subject to these measures may not exceed exceeed 15% of total imports of industrial products from the other Contracting Party Parties as defined in Chapter I of this AgreementI., during the last year for of which statistics are available. 4. Temporary Those measures may shall be applied for a period not exceeding five years unless a longer duration is authorized by the Joint Committee. They shall cease to apply at the latest at the expiration of the transitional period determined in paragraph 1, Article 1 of this Agreementperiod. 5. No such measures can be introduced in respect of a product if more than three years elapsed since the elimination of all duties and quantitative restrictions or charges or measures having an equivalent effect concerning that product. 6. The Contracting Party concerned shall inform the other Contracting Party Joint Committee of any exceptional measures it intends to take and, at the request of the other Contracting PartyParties, consultations shall be held immediately within in the Joint Committee on such measures measure and the sectors to which they applyapply before they are applied. When taking such measures the Contracting Party party concerned shall provide the Joint Committee with a schedule for the elimination of the customs duties introduced under this Article. This schedule shall provide for a phasing out of these duties starting startintg at the latest two years after their introduction, at equal annual rates. The Joint Committee may decide on a different schedule.

Appears in 1 contract

Samples: Central European Free Trade Agreement

Structural Adjustment. 1. Exceptional measures of limited duration which are not in accordance with duration, derogating from the provisions of the Article 4 of this Agreement Agreement, may be taken by any of the Contracting Parties in the form of increased customs duties. 2. These measures may only concern infant industries, or certain sectors undergoing restructuring or facing serious difficulties, particularly where these difficulties produce important social problems. 3. Customs duties on imports imports, applicable in one of the Contracting Parties Party concerned to products products, originating in the other Contracting Party Party, introduced in accordance with the paragraphs 1 and 2 of this Article by these measures may not exceed 25% ad valorem and shall maintain an element of preference in customs duties for products products, originating in the other Contracting Party. The total value of imports of the products product, which are subject to these measures measures, may not exceed 15% of total imports of industrial products from the other Contracting Party Party, as defined in the Chapter I of this AgreementI, during the last year for which statistics are statistical data is available. 4. Temporary These measures may shall be applied for a period not exceeding five years, unless a longer duration is authorized by the Joint Committee. They shall cease to apply at the expiration of the transitional period determined in paragraph 1, Article 1 of this Agreementperiod. 5. No such measures can be introduced in respect to a product, if more than three years have elapsed since the elimination of all duties and quantitative restrictions, charges or measures, having equivalent effect concerning that product. 6. The Contracting Party concerned shall inform the other Contracting Party of any exceptional measures it intends to take and, at the request of the other Contracting Party, consultations shall be held immediately within the Joint Committee on such measures and the sectors to which they apply, before they are applied. When taking such measures measures, the Contracting Party concerned shall provide the Joint Committee with a schedule for the elimination of the customs duties duties, introduced under this Article. This schedule shall provide for a phasing out of these duties duties, starting at the latest two years after their introduction, at equal annual rates. The Joint Committee may decide on upon a different schedule.

Appears in 1 contract

Samples: Free Trade Agreement

Structural Adjustment. 1. Exceptional measures of limited duration duration, which are not in accordance with derogate from the provisions of Article 4 of this Agreement 4, may be taken by any of the Contracting Parties in the form of increased customs duties. 2. These measures may only concern infant industries, industries or certain sectors undergoing restructuring or facing serious difficulties, particularly where these difficulties produce important social problems. 3. Customs duties on imports applicable in one of the Contracting Parties Party concerned to products originating in the other Contracting Party Party, introduced in accordance with the paragraphs 1 and 2 of this Article by these exceptional measures, may not exceed 25% 25 per cent ad valorem and shall maintain an element of preference in customs duties for products originating in the other Contracting Party. The total value of imports of the products which are subject to these measures may not exceed 15% 15 per cent of total imports of industrial products from the other Contracting Party as defined in Chapter I of this AgreementI, during the last year for which statistics are available. 4. Temporary These measures may shall be applied for a period not exceeding four years unless a longer duration is authorized by the Joint Committee. They shall cease to apply at the latest at the expiration of the transitional period determined in paragraph 1, Article 1 of this Agreementperiod. 5. No such measures can be introduced in respect of a product if more than three years elapsed since the entry into force of this Agreement or since the elimination of all duties and quantitative restrictions or charges or measures having an equivalent effect concerning that product. 6. The Contracting Party concerned shall inform the other Contracting Party Joint Committee of any exceptional measures it intends to take and, at the request of the other Contracting Party, consultations shall be held immediately within in the Joint Committee on such measures and the sectors to which they applyapply before they are applied. When taking such measures the Contracting Party concerned shall provide the Joint Committee with a schedule for the elimination of the customs duties introduced under this Article. This schedule shall provide for a phasing out of these duties starting at the latest two years after their introduction, at equal annual rates. The Joint Committee may decide on a different schedule.

Appears in 1 contract

Samples: Free Trade Agreement

Structural Adjustment. 1. Exceptional measures of limited duration which are not in accordance with derogate from the provisions of Article 4 of 3 to this Agreement may be taken by any of the Contracting Parties in the form of increased customs duties. 2. These Those measures may only concern infant industries, or certain industries and some sectors undergoing the process of restructuring or facing serious difficultiesproblems, particularly where these difficulties produce those problems cause important social problems. 32. Customs duties on imports applicable in one of the Contracting Parties Party concerned to products originating in the other Contracting Party introduced in accordance with the paragraphs paragraph 1 and 2 of this Article may not exceed 25% ad valorem and shall maintain an element of preference in customs custom duties for products originating in the other Contracting Party. The total value of imports of the products which are subject to these measures may not exceed 15% of total imports of industrial products from the other Contracting Party as defined in Chapter I of this Agreement, during the last year for which statistics are available. 43. Temporary Those temporary measures may shall be applied for a period not exceeding four years, unless the Joint Committee approves longer duration. It shall cease to apply after the expiry of the transitional period determined at the latest. 4. The temporary measures shall not be introduced for the products if three or more years passed from the entry into force or abolition of all duties, quantitative restrictions or charges or measures having equal effect in paragraph 1, Article 1 of this Agreementrelation to that product. 5. The Contracting Party concerned shall inform the other Contracting Party of any exceptional measures it intends to take and, at the request of the other Contracting Party, consultations shall be held immediately within the Joint Committee on such any temporary measure it intend to take and shall hold consultations within Joint Committee on those measures and the sectors to which they applyapply prior to their introduction. When taking such measures measures, the Contracting Party concerned shall provide the Joint Committee with a schedule for the elimination a phasing out of the customs these duties introduced under this Article. This schedule shall provide for a phasing out of these duties starting at the latest two years after their introduction, at equal annual rates. The Joint Committee may decide on a different schedule.

Appears in 1 contract

Samples: Free Trade Agreement

Structural Adjustment. 1. Exceptional measures of limited duration duration, which are not in accordance with derogate from the provisions of Article 4 of this Agreement Agreement, may be taken for industrial products by any of the Contracting Parties in the form of increased customs duties. 2. These measures may only concern infant industries, or certain sectors undergoing restructuring or facing serious difficulties, particularly where these difficulties produce important social problems. 3. Customs duties on imports applicable in one of the Contracting Parties Party concerned to products originating in the other Contracting Party introduced in accordance with the paragraphs 1 and 2 of this Article may not exceed 2525 % ad valorem and shall maintain an element of preference in customs duties for products originating in the other Contracting Party. The total value of imports of the products products, which are subject to these measures measures, may not exceed 1515 % of total imports of industrial products from the other Contracting Party as defined in Chapter I of this Agreement, during the last year for which statistics are available. 4. Temporary These measures may shall be applied for a period not exceeding the transitional period determined in paragraph 1, 1 of Article 1 of this Agreement. 5. No such measures can be introduced in respect to a product if more than three years have elapsed since the elimination of all duties and quantitative restrictions, charges or measures having equivalent effect concerning that product. 6. The Contracting Party concerned shall inform the other Contracting Party of any exceptional measures it intends to take and, at the request of the other Contracting Party, consultations shall be held immediately within the Joint Committee on such measures and the sectors to which they applyapply prior to their introduction. When taking such measures the Contracting Party concerned shall provide the Joint Committee with a schedule for the elimination of the customs duties introduced under this Article. This schedule shall provide for a phasing out of these duties starting at the latest two years after their introduction, at equal annual rates. The Joint Committee may decide on a different schedule.

Appears in 1 contract

Samples: Free Trade Agreement

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