Статья 3.14. Применение двусторонних защитных мер / Article 3.14. Application of Bilateral Safeguard Measures

Article 3.14
Application of Bilateral Safeguard Measures

1. If, as a result of the reduction or elimination of a customs duty under this Agreement, originating goods of a Party specified in Annex 2 - 1 (Schedules of Tariff Commitments) are being imported into the territory of the other Party in such increased quantities, in absolute terms or relative to domestic production, and under such conditions as to constitute a substantial cause of serious injury or threat thereof to a domestic industry producing like or directly competitive goods, the importing Party may, during the transition period only, adopt measures provided for in paragraph 2 in accordance with the conditions and procedures laid down in this Section.

2. The importing Party may take a bilateral safeguard measure in the form of:

(a) suspension of further reduction of the rate of customs duty on the good concerned provided for under Annex 2 - 1 (Schedules of Tariff Commitments); or

(b) increment of the rate of customs duty on the good concerned to a level which does not exceed the lesser of:

(i) the Most-Favoured-Nation applied rate of customs duty on the good in effect at the time the measure is applied; or

(ii) the base rate of customs duty as set out in Annex 2 - 1 (Schedules of Tariff Commitments).