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BISD 09S/1820 , February 1961 "///XX"  S(  USUK  } IMPORT RESTRICTIONS a   PROCEDURES FOR DEALING WITH NEW IMPORT  RESTRICTIONS APPLIED FOR BALANCE-OF-PAYMENTS  REASONS AND RESIDUAL IMPORT RESTRICTIONS a  R(zApproved on 16 November 1960 a  S( A. Introduction or substantial intensification of import restrictions  S(? applied for balance-of-payments reasons ax  TH ( &1.A contracting party applying new restrictions or raising the general level of its existing restrictions  `Nby a substantial intensification of the measures applied under Articles XII or XVIII: B is required,  `under paragraph 4 (a) of Article XII or under paragraph 12 (a) of Article XVIII as the case may be,  `to enter into consultations with the CONTRACTING PARTIES as to the nature of its balance-of-payment  `:difficulties, alternative corrective measures which may be available, and the possible effect of the  `restrictions on the economies of other contracting parties. Such consultation should take place immediately  `after the measure is taken or, in circumstances in which prior consultation is practicable, before the measure is taken.  T( @2.In order to implement these provisions, any contracting party modifying its import restrictions  `is required to furnish detailed information promptly to the Executive Secretary, for circulation to the  T(contracting parties.1  , _____________ " xP( N"#x P7A~P#1 Under established procedures, contracting parties should furnish such information not only when they  `wish to initiate a consultation pursuant to Articles XII: 4 (a) or XVIII: 12 (a) but whenever any significant changes  xP<(are made in their restrictive systems.#& P 7b&P#"</(.(."  T( h3.Upon the receipt of a notification from a contracting party that it has taken measures requiring  `ba consultation under Article XII: 4 (a) or Article XVIII: 12 (a), the Council should be convened to meet with the shortest possible delay, which should normally be not less than forty-eight hours and not more than ten days after the receipt of the notification, to carry out the consultation.  T8,  4.In cases where the contracting party applying the restrictions has not asked for a consultation  dwith the CONTRACTING PARTIES, the Council may invite that contracting party to consult in  T, d\accordance with Articles XII: 4 (a) or XVIII: 12 (a), if the Council considers that there is a prima  T,facie case of substantial intensification requiring such a consultation.  Tt, 5.The Council should carry out, or arrange for, consultations initiated under these provisions  dof the General Agreement, and submit reports to the CONTRACTING PARTIES for consideration normally at their subsequent regular session.  T ,  6.As soon as a consultation is initiated the International Monetary Fund should be invited to consult  d8with the CONTRACTING PARTIES pursuant to paragraph 2 of Article XV of the General Agreement. This consultation will be conducted by the Council.  S4, KB. Residual import restrictions am  R,Notifications  T, +7.Contracting parties are invited to communicate to the Executive Secretary lists of import  d restrictions which they are applying contrary to the provisions of the General Agreement and without  d0having obtained the authorization of the CONTRACTING PARTIES. Any subsequent changes in a  dlist should likewise be communicated to the Executive Secretary who will circulate the lists received to all the contracting parties.  R,Consultations under Article XXII  TT,  8.Bilateral consultations may be sought, pursuant to paragraph 1 of Article XXII either by the  dcontracting party applying the restrictions or by contracting parties affected by them. The Executive  d'Secretary should be informed of consultations requested so that in cases where the restrictions in question  daffect the interests of a number of contracting parties, the procedures adopted by the CONTRACTING PARTIES on 10 November 1958 should apply.  Td,Consideration by the CONTRACTING PARTIES  T ,  (9.If consultations held under paragraph 1 of Article XXII do not lead to a satisfactory solution, any of the parties to the consultations may request" /(.(."  dothat consultations be carried out by the CONTRACTING PARTIES pursuant to paragraph 2 of Article  dXXII. Alternatively, a country whose interests are affected may resort to paragraph 2 of Article XXIII,  doit being understood that a consultation held under paragraph 1 of Article XXII would be considered by the CONTRACTING PARTIES as fulfilling the conditions of paragraph 1 of Article XXIII.