Article 151: Support for Sensitive Industries


  1.         COTED may authorise a Member State having a sensitive industry which can be disadvantaged by the operation of the CSME to suspend Community treatment to products of other Member States.
  1.         The suspension authorised in paragraph 1 of this Article shall be granted upon application to COTED in that behalf where the applicant establishes that the product is from a sensitive industry.
  1.         For the purpose of this Article, an industry may be considered to be sensitive by reason of its vulnerable nature and:

(a) the significance of its contribution to, inter alia:

(i) Gross Domestic Product;

(ii)        employment;

(iii)        foreign exchange earnings; or

(b)        its designation as vital within the national industrial policy.

  1.         Notwithstanding any other provisions of this Treaty, a disadvantaged country may, for the period of suspension decided upon by COTED, suspend Community treatment in respect of imports of like description from the Member State granted the suspension.
  1.         COTED, in authorising the suspension mentioned in paragraph 1 of this Article may impose terms and conditions for the grant of the suspension.
  1.         COTED shall monitor the progress of the industry concerned and undertake a periodic review.