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of <h1>India-Malaysia Economic Cooperation: Rule 11 Allows Safeguard Measures to Amend Customs Duties to Prevent Serious Injury</h1> Rule 11 of the India-Malaysia Comprehensive Economic Cooperation Agreement (Bilateral Safeguard Measures) Rules, 2017 outlines the application of bilateral safeguard measures. Upon recommendation from the Director General, the Central Government may amend customs notifications to prevent or remedy serious injury by suspending or increasing customs duties on originating goods. The increase is capped at the lesser of the Most Favoured Nation rates on the day of action or before the investigation. Safeguard measures cannot overlap with actions under the Customs Tariff Act, 1975. Upon termination, duties revert to the original Trade Agreement rates. If no recommendation is made, provisional measures are withdrawn within thirty days.
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