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TRADE DEFENCE MEASURES

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Presentation on theme: "TRADE DEFENCE MEASURES"— Presentation transcript:

1 TRADE DEFENCE MEASURES
dumping and antidumping dumping in itself is not prohibited, as a market economy aims at the reduction of prices GATT article VI: “less than the normal value” injury to an industry causal link

2 TRADE DEFENCE MEASURES
the injured country can impose an antidumping duty the AD agreement provides definitions and details of the procedures: determination of dumping and injury; investigation; evidence; imposition and collection of duties; duration and review; DCs ; dispute settlement “zeroing” practice by the US

3 TRADE DEFENCE MEASURES
subsidies GATT article XVI the CP granting a subsidy must notify and negotiate if there is serious injury Agreement on subsidies : definition of subsidy benefit specificity

4 TRADE DEFENCE MEASURES
3 forms of subsidy : prohibited actionable non actionable - possibility to levy countervailing duties

5 TRADE DEFENCE MEASURES
safeguard measures GATT article XIX serious injury unforeseen development + result of GATT obligation causal link - CP can suspend or modify the concession


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