Application of measures. Members confirm their commitment to announce publicly, as soon as possible, time- schedules for the removal of restrictive import measures taken for balance-of-payments purposes. It is understood that such time-schedules may be modified as appropriate to take into account changes in the balance-of-payments situation. Whenever a time-schedule is not publicly announced by a Member, that Member shall provide justification as to the reasons therefor.
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Sources: Agreement Establishing the World Trade Organization, General Agreement on Tariffs and Trade 1994
Application of measures. Members confirm their commitment to announce publicly, as soon as possible, time- time-schedules for the removal of restrictive import measures taken for balance-of-payments purposes. It is understood that such time-schedules may be modified as appropriate to take into account changes in the balance-of-payments situation. Whenever a time-schedule is not publicly announced by a Member, that Member shall provide justification as to the reasons therefor.
Appears in 1 contract
Sources: Gatt 1994 Article Xviii