CE/PAC/en 1 INTERIM AGREEMENT WITH A VIEW TO AN ... - WITS

(c)disruption in the markets of like or directly competitive agricultural products 1 or in themechanisms regulating those markets.3. The safeguard measures referred to in this Article shall not exceed what is necessary toremedy or prevent the serious damage or disruption, as defined in paragraphs 2 and 5(b). Thosesafeguard measures of the importing Party may only consist of one or more of the following:(a)the suspension of any further reduction of the applicable import duty provided for under thisAgreement for the product concerned,(b)an increase in the customs duty on the product concerned to a level which does not exceed thecustoms duty applied to other WTO Members, and(c)the introduction of tariff quotas on the product concerned.4. Without prejudice to the provisions of paragraphs 1, 2 and 3, where a product originating inone or more signatory Central African States is being imported in such increased quantities andunder such conditions as to cause or threaten to cause one of the situations referred to underparagraph 2(a), (b) and (c) to one or more of the EC Party's outermost regions, the EC Party maytake surveillance or safeguard measures limited to the region or regions concerned in accordancewith the procedures laid down in paragraphs 6 to 9.1For the purposes of this Article, agricultural products shall be those covered by Annex I of theWTO Agreement on Agriculture.CE/PAC/en 35