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ARTICLES

LEGAL RESOURSES

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    • ARTICLE 114: FACTORS TO CONSIDER ACCEPTING OR REJECTING THE COMMITMENTS

     

    For the acceptance or rejection of the commitment, the Ministry (RLCE: Art. 1) should consider, among other factors:

  • If the commitment assumed causes an adverse impact, greater than that which could be caused by the compensatory fees, in the prices relative to the consumer and in the offer of the merchandise;

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  • The relative impact of the commitment on the country's international economic interests;

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  • The relative impact of the commitment on the competitiveness of the national industry that produces identical or similar merchandise, as well as the employment and investment in that industry, and

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  • Whether exporters or foreign governments are subject to investigations of unfair international trade practices or are affected by compensatory fees or equivalent measures, in the country or abroad.

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    Commitments will not be accepted whose verification is not feasible, are of uncertain performance in the judgement of the Ministry or involve agreements, convention or combinations that threaten free competition or in any way impede economic competition.