Transition period limits bilateral safeguard measures to a defined window under the India-Korea trade agreement. The right to apply a bilateral safeguard measure on an originating good is confined to the transition period for that good. The period begins on the date the Trade Agreement enters into force and continues until ten years from the completion of tariff elimination or tariff reduction, as applicable. The rule links safeguard availability to the agreement's implementation and tariff liberalisation timetable.
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Provisions expressly mentioned in the judgment/order text.
Transition period limits bilateral safeguard measures to a defined window under the India-Korea trade agreement.
The right to apply a bilateral safeguard measure on an originating good is confined to the transition period for that good. The period begins on the date the Trade Agreement enters into force and continues until ten years from the completion of tariff elimination or tariff reduction, as applicable. The rule links safeguard availability to the agreement's implementation and tariff liberalisation timetable.
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