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ARTICLE 11

Measures to Safeguard the Balance of Payments


Nothing in this Agreement is giving way to prevent the Party from taking
measures with regards to balance of payments.
Individuals/companies taking such measure will do in Concurrence of opinion
with the conditions established under Article XII of GATT 1994 which is

Article XII of GATT - Accession


1. Any state or separate customs territory possessing full autonomy in the
conduct of its external commercial relations and of the other matters provided
for in this Agreement and the Multilateral Trade Agreements may accede to
this Agreement, on terms to be agreed between it and the WTO. Such
accession shall apply to this Agreement and the Multilateral Trade
Agreements annexed thereto.

2. Decisions on accession shall be taken by the Ministerial Conference. The


Ministerial Conference shall approve the agreement on the terms of accession
by a two-thirds majority of the Members of the WTO.

3. Accession to a Plurilateral Trade Agreement shall be governed by the


provisions of that Agreement.
And the Understanding on Balance of Payments Provisions of the General
Agreement on Tariffs and Trade 1994 in Annex 1A to the WTO Agreement.

ARTICLE 12

General Exceptions

Each firm retains its rights and obligations under Article XX of GATT 1994,
which is included, and changing those things which are to be changed is also
included in the agreement.

ARTICLE 13

Nothing in the agreement implies the following meanings:


Secured information of the companies / firms/ individuals is to be kept
confidential.
The secured information may be of the following types:
Fissionable materials where they come from, action relating to the traffic in
arms, ammunition and implements of war either directly or indirectly. Action
taken so as to protect critical communications infrastructure from deliberate
attempts intended to disable or degrade such infrastructure, action taken at
critical time of war or other emergency in international relations.
Prevent parties from taking any action in fulfilling its obligations under UN for
maintaining international peace and security.
ARTICLE 14

Customs Procedures
Customs procedure should be transparent.
Customs should provide fast and precise info with all relating details which the
firm must be made aware of.
Parties are to be made themselves aware of the procedures in customs
clearance so a smooth operation can be taken out.

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