Common use of Import Licensing Clause in Contracts

Import Licensing. 1. Neither Party shall adopt or maintain a measure that is inconsistent with the Agreement on Import Licensing Procedures in Annex 1A to the WTO Agreement (hereinafter referred to as "Agreement on Import Licensing Procedures") and to this end the Agreement on Import Licensing Procedures is incorporated into and made part of this Agreement, mutatis mutandis. 2. Neither Party shall apply an import licensing procedure to a good of the other Party unless it has provided notification in accordance with Article 5 of the Agreement on Import Licensing Procedures.

Import Licensing. 1. Neither Party shall adopt or maintain a measure that is inconsistent with the Agreement on Import Licensing Procedures in Annex 1A to the WTO Agreement (hereinafter referred to as "“Agreement on Import Licensing Procedures"”) and to this end the Agreement on Import Licensing Procedures is incorporated into and made part of this Agreement, mutatis mutandis. 2. Neither Party shall apply an import licensing procedure to a good of the other Party unless it has provided notification in accordance with Article 5 of the Agreement on Import Licensing Procedures.

Import Licensing. 1. Neither Party shall adopt or maintain a measure that is inconsistent with the Agreement on Import Licensing Procedures in Annex 1A to the WTO Agreement (hereinafter referred to as "Agreement on Import Licensing Procedures") and to this end the Agreement on Import Licensing Procedures is incorporated into and made part of this Agreement, mutatis mutandis. 2. Promptly after this Agreement enters into force, each Party shall notify the other Party of its existing import licensing procedures, if any. The notice shall include the information specified in Article 5.2 of the Import Licensing Agreement. 3. Neither Party shall apply an import licensing procedure to a good of the other Party unless it has provided notification in accordance has, with Article 5 respect to that procedure, met the requirements of the Agreement on Import Licensing Proceduresparagraph 2.