(e) be applied on a national treatment and most-favored-nation treatment basis.
6. A Party may adopt or maintain a measure under this Article that gives priority to services which are more essential to its economic program, provided that, except as specifically approved under an IMF-endorsed adjustment program in effect under paragraph 4, no such measure is imposed for the purpose of protecting a specific industry or sector.
7. A Party imposing a restriction on cross-border trade in financial services shall:
(a) not impose more than one measure on any given transaction and its related transfer, except as specifically approved under an IMF-endorsed adjustment program;
(b) promptly notify the other Parties; and
(c) consult promptly with the other Parties to assess the balance of payments situation of the Party and the measures it has adopted, taking into account among other elements
(i) the nature and extent of the balance of payments
and external financial difficulties of the Party,
(ii) the external economic and trading environment of
the Party, and
(iii) alternative corrective measures that may be
available.
8. In consultations under paragraph 7(c), the Parties shall: