Infant industry definition
Infant industry means an industry which has been established in the area of a Member State for not more than eight (8) years. (3). Protection afforded to an infant industry in terms of paragraph 1 shall be for a period of eight (8) years unless otherwise determined by the Council. (4). The Council may impose such further terms and conditions as it may deem appropriate.” South African Customs Union Agreement, signed Oct. 21, 2002, available at ▇▇▇.▇▇▇▇.▇▇▇/▇▇▇▇.▇▇▇?▇▇▇▇▇▇▇=▇▇▇▇/▇▇▇▇▇▇▇▇▇▇▇/▇▇▇▇-▇▇▇▇▇▇▇▇▇/▇▇▇▇▇.▇▇▇▇. 20 See infra Part IV.A. 21 See Southern African Customs Union Agreement, Art. 26, signed Oct. 21, 2002, available at ▇▇▇.▇▇▇▇.▇▇▇/▇▇▇▇.▇▇▇?▇▇▇▇▇▇▇=▇▇▇▇/▇▇▇▇▇▇▇▇▇▇▇/▇▇▇▇- agreement/main.html. Article 26 of the SACU Agreement makes provision for 2010] DESKTOP PUBLISHING EXAMPLE 571 detail in Part II. RTAs also provide an umbrella within which bilateral and even inter-regional links are formed among a group of countries along functional lines, and whose benefits are often more immediately available than through trade liberalization. This in turn has spurred “sectoral planning and coordination”22 which is now a major feature of African RTAs. This paper proceeds as follows. Part I discusses how flexibility enmeshes well in the African context, with examples showing how African RTAs have adopted the classic Vinerian customs union model as well as their adoption of multiple objectives. This part also discusses how African RTAs act as forums for integrated development and functionally specific projects. These projects are often nestled or nested within the RTAs and they include cooperation on issues relating to security and common river basin management. Part I ends with another feature of RTAs’ enmeshment in the African context—the view that African regionalism is a bulwark for economic self independence. Part II discusses how African RTAs have adopted variable geometry as a mechanism for ensuring equality in the sharing of the benefits of trade liberalization and how the prevalence of this concern has protection of infant industries for Botswana, Lesotho, Namibia and Swaziland. Id. Article 34 of the SACU Agreement provides for the revenue sharing formula which determines the respective shares of the members of the total customs, excise and additional duties. Id. at Art. 34. See also ▇. ▇▇▇▇▇▇, ‘Prospects for SACU After Apartheid’, in ▇. ▇▇▇▇ (ed.), Southern Africa After Apartheid: Regional Integration and External Resources (Nordiska Afrikainstitutet, 1993), p. 182. ...
Infant industry means an industry which has been established in the area of a Member State for not more than eight (8) years. 3. Protection afforded to an infant industry in terms of paragraph 1 shall be for a period of eight (8) years unless otherwise determined by the Council. 4. The Council may impose such further terms and conditions as it may deem appropriate. Article 27
Infant industry means an industry which has been established in the area of a Member State for not more than eight (8) years.
Examples of Infant industry in a sentence
Infant industry means an industry which has been established in the area of a Member State for not more than eight (8) years.