Gatt Agreement Article 1

1. The Parties may agree that the arbitral tribunal shall suspend its work at any time for a maximum period of twelve months from the date of this Agreement. In the event of such suspension, the time limits laid down in this Chapter shall be extended by the period during which the work was suspended. If the work of the arbitral tribunal has been suspended for more than 12 months, the power to establish the arbitral tribunal shall lapse, unless otherwise agreed by the parties. 1. The Parties reaffirm their existing rights and obligations with regard to the Marrakesh Agreement establishing the World Trade Organisation (WTO) and other instruments to which both Parties are parties. 2. In the event of disagreement between the parties as to whether the complaining party has eliminated the non-compliance found in the report of the court of arbitration within the reasonable time fixed in accordance with paragraph 1, each party may apply to an arbitral tribunal in accordance with article 12.14, paragraph 7. (a) a charge equivalent to a national charge levied in accordance with Article III* (2) for the like domestic product or for a product from which the imported product has been manufactured or manufactured in whole or in part; The Parties share the objective of the multilateral elimination of agricultural export subsidies and cooperate with a view to reaching an agreement within the WTO to eliminate such subsidies and prevent their reintroduction in any way. 2. In the absence of an agreement on satisfactory compensation within twenty days of receipt of the request referred to in paragraph 1, the complaining Party may suspend concessions or other obligations under this Agreement after notifying the complaining Party of the suspension thirty days in advance. Such communication may not take place until twenty days after receipt of the request referred to in paragraph 1. 5.

At the request of a Party, the Parties shall consult in order to consider accelerating the reduction and/or elimination of customs duties, in accordance with their provisions set out in Annex 3. An agreement between the Parties on the acceleration of the reduction and/or elimination of a duty on a good shall replace any customs duty fixed on those goods, as set out in Annex 3, if approved by each Party in accordance with its applicable national procedures. (b) similar provisions apply to each Party that is not a member of the Fund from the date on which that Party becomes a member of the Fund or a special exchange agreement is entered into in accordance with Article XV. (d) At the request of a Party that can demonstrate on a first-sight view that the restrictions are inconsistent with the provisions of this Article or with those referred to in Article XIII (subject to Article XIV), and that their trade is thereby affected, the Contracting Parties shall request any Party that applies restrictions under this Article to enter into consultations with them. However, such a request shall be made only if the Contracting Parties have found that the direct discussions between the Parties concerned have not been successful. In the absence of agreement following consultations with the Parties and finding that the restrictions are applied in contravention of those provisions and that they cause or threaten injury to the trade of the Party initiating the proceedings, they shall recommend the lifting or modification of the restrictions. If the restrictions are not withdrawn or modified within the period prescribed by the Contracting Parties, they may, in the context of their situation, consider that the Party initiating the proceedings is reasonable to the obligations under this Agreement vis-à-vis the Contracting Party applying the restrictions. . . .