Eximkey - India Export Import Policy 2004 2013 Exim Policy
  1. Safeguard measures shall not be applied against a product originating in developing country Members as long as its share of imports of the products concerned in the importing member does not exceed 3 percent, provided that developing country Members with less than 3 percent import share collectively account for not more than 9 percent of total imports of the product concerned.

  2. A developing country Member shall have the right to extend the period of application of a safeguard measure for a period of up to two years beyond the maximum period provided for in paragraph 3 of Article 7. Notwithdtanding the provisions of paragraph 5 of Article 7, a developing country Member shall have, the right to apply a safeguard measure again to the import of a product which has been subject to such a measure, taken after the date of entry into force of the WTO Agreement, after a period of time equal to half that during such a measure has been previously applied, provided that the period of non-application is least two years.
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