1.
Article 5
Trade cooperation
The Contracting Parties undertake to develop and diversify trade to the highest possible degree, taking into account the economic situation of each of the Parties and facilitating trade transactions between them as far as possible.
2. To that end, the Parties shall endeavour to find methods of reducing and eliminating the obstacles hindering the development of trade, notably non-tariff
of work already and para-tariff barriers, taking account accomplished in this fleld by international organizations.
3.
agree
promote
the
to
of interchange The Contracting Parties information and to hold consultations on the issues of tariffs, health an technical requirements, laws and trade practices, and on any anti-dumping or countervailing duties which might apply.
4. Without prejudice to their rights and obligations under the GATT, the Contracting Parties undertake to consult each other on any disputes which may arise in connection with trade.
If one of the Parties requests such consultation, it shall take place at the earliest opportunity. The Contracting Party making the request shall provide the other Party with all the information necessary for a detailed examination of the situation.
Attempts shall
be
made through such
consultations
to resolve
trade
disputes as rapidly as possible.
5.
by
the
In trade between the Contracting Parties, should allegations arise
subs i dy leading of dumping or
to investigation
competent authorities, each Contracting Party undertakes to examine requests made by the other Party in connection with the case in question.
The competent authorities of the Contracting Parties shall
of the request
the basis as
parties
at their
and Such
for
inform the essential facts
a decision.
time for
the parties
interested considerations which will serve information shall be provided before the definitive conclusions of the
reached, and in
in sufficient investigation are
involved to defend their interests.
Before definitive anti-dumping and countervailing duties are imposed, the Contracting Parties shall do their utmost to bring about a constructive solution to the problem.
the
6. The provisions contained in paragraphs 3, 4 and 5 above shall cease to apply when
and other GATT instruments new Anti-Dumping Code currently being negotiated within the Uruguay Round enter into force in Brazil and the Community.
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C.
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