TNAG-2496-FCO40-3632-Relations-between-Hong-Kong-and-Macao-(Macau)-1992 — Page 33

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.

AT

C.

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