Page 271 - Regional Comprehensive Economic Partnership (RCEP)

3. On request of any Party, the Committee on Goods may, no later
than three years before the end of the transitional safeguard (a) a precise description of the originating good subject to the
period, discuss and review the implementation and operation, transitional RCEP safeguard measure including its
including the duration, of the transitional RCEP safeguard heading and subheading under the Harmonized System
measures. and the national nomenclature of the Party;

(b) evidence of the serious injury or threat of serious injury
Article 7.3: Notification and Consultation caused by increased imports of the originating good of
another Party or Parties as a result of the reduction or
1. A Party shall immediately deliver a written notice to the other elimination of a customs duty pursuant to this Agreement;
Parties upon:
(c) a precise description of the proposed transitional RCEP
(a) initiating an investigation referred to in Article 7.4 safeguard measure;
(Investigation Procedures) relating to serious injury or
threat of serious injury and the reasons for it; (d) the proposed date of the introduction of the transitional
RCEP safeguard measure, its expected duration, and, if
(b) making a finding of serious injury or threat of serious injury applicable, a timetable for the progressive liberalisation of
caused by increased imports; the transitional RCEP safeguard measure referred to in
paragraph 3 of Article 7.5 (Scope and Duration of
(c) applying or extending the imposition of a transitional RCEP Transitional RCEP Safeguard Measures); and
safeguard measure; and
(e) in the case of an extension of the transitional RCEP
(d) taking a decision to modify, including to progressively safeguard measure, evidence that the domestic industry
liberalise, a transitional RCEP safeguard measure. concerned is adjusting.

2. A written notice referred to in subparagraph 1(a) shall include: 5. A Party proposing to apply or extend a transitional RCEP
safeguard measure shall provide adequate opportunity for prior
(a) a precise description of the originating good subject to the consultations with the Parties that have a substantial interest as
investigation including its heading and subheading under exporters of the good concerned, with a view to, inter alia,
the Harmonized System and the national nomenclature of reviewing the information provided under paragraphs 2 and 4 that
the Party; has arisen from the investigation referred to in Article 7.4
(Investigation Procedures), exchanging views on the transitional
(b) a summary of the reason for the initiation of the RCEP safeguard measure, and reaching an understanding on
investigation; and ways to achieve the objective set out in Article 7.7
(Compensation).
(c) the date of the initiation of the investigation and the period
of investigation.
Article 7.4: Investigation Procedures
3. A Party shall provide to the other Parties a copy or the Uniform
Resource Locator of the public version of the report by its 1. A Party shall apply a transitional RCEP safeguard measure
competent authorities that is required under paragraph 1 of Article only following an investigation by its competent authorities in
7.4 (Investigation Procedures). The provided report may be in the accordance with the same procedures as those provided for in
language originally used in the report by its competent authorities. Article 3 and paragraph 2 of Article 4 of the Safeguards
Agreement. To this end, Article 3 and paragraph 2 of Article 4 of
4. A written notice referred to in subparagraphs 1(b) through (d) shall the Safeguards Agreement are incorporated into and made part
include: of this Agreement, mutatis mutandis.

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