General Agreement On Tariffs And Trade 1947 Customs Territory

the use of foreign exchange controls or exchange restrictions by a contracting party, in accordance with the articles of the International Monetary Fund agreement or the special exchange agreement of that party with the parties or, with respect to duties or taxes on a product described in this list, the difference between the rates of the most favoured nation and the preferential rates provided for in that list; if no preferential rate is foreseen, the preferential rate is considered for the purposes of this paragraph to be the rate in effect on 10 April 1947 and, in the absence of a rate of the most favoured nation, the range must not differentially exceed the rates of the most favoured nation and the preferential rates in force on 10 April 1947; It is not intended that the provision relating to participation in a party`s negotiations with a principal interest rate and the consultation of a party with a significant interest in the concession that the applicant intends to amend or withdraw will have the effect of having to compensate or suffer greater reprisals than the withdrawal or amendment requested. , assessed taking into account the terms of trade at the time of the revocation or proposed amendment, taking into account the discriminatory quantitative restrictions that are maintained by the applicant. A product of the territory of a party that is imported into the territory of another contracting party is not subject to a countervailing duty greater than the estimated premium or subsidy granted directly or indirectly for the manufacture, manufacture or export of that product in the country of origin or export, including a special subsidy for the transport of a particular product. A “countervailing duty” means a special tariff levied to compensate for the premium or subsidies granted directly or indirectly to the manufacture, manufacture or export of goods. The provisions of paragraph 1 of this article do not apply to the importation of products for direct or final consumption for the use of the state or, by other means, to the resale or use in the manufacture of goods for sale. With respect to these imports, each party treats trade of other contracting parties fairly and fairly. Where a product subject to a concession of preference is imported into the territory of a contracting party, in the circumstances covered in paragraph (a) of this paragraph, to cause or threaten to cause serious harm to domestic producers of similar or directly competitive products in the territory of a party that benefits from or has received such a preference, the importer is free to do so. , at the request of that other party, suspend all or part of the undertaking in question or withdraw or modify the concession of the product, to the extent necessary and for the time necessary to remedy this injury.

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