What are the WTO provisions relating to the protection of the balance of payments situation of a country?
Members of the WTO can invoke the Balance-Of-Payments (BOP) clause in situations where import-restrictive measures are necessary to safeguard their external financial position and their balance of payments. However, the country in question must clearly demonstrate to a special WTO committee that: there is a problem, there is a need for measures, and that the measures are appropriate.
