chapter  6
Application of safeguard measures
Pages 27

The Safeguards Agreement has made elaborate provision for application of safeguard measures. Many of the ambiguities that exist in Article XIX have been cleared. It is now clearly provided that the safeguard measures are to be taken on an MFN basis. Duration of safeguard measures has been specified with a provision for developing countries. Also, clearer provision for structural adjustment and compensatory adjustment has been provided.