World Trade Organization Anti Dumping Agreement

World Trade Organization Anti Dumping Agreement

The Agreement provides that, for the imposition of anti-dumping measures, the investigating authorities of the importing Member State must establish injury. The Agreement defines the term “injury” as either (i) material injury to a domestic industry, (ii) the risk of material injury to a domestic industry, or (iii) material retardation in the establishment of a domestic industry, but does not assess significant retardation in the establishment of a domestic industry. (ii) dumping and the resulting injury to a domestic industry have been provisionally confirmed; and industries or businesses may require protective measures from their government. The WTO Agreement provides requirements for investigations of safeguard clauses by national authorities. Emphasis is placed on transparency and compliance with established rules and practices in order to avoid arbitrary methods. The investigating authorities shall publicly announce when the hearings will take place and provide interested parties with other appropriate means of providing evidence. The evidence must include arguments as to whether a measure is in the public interest. The Committee on Anti-Dumping Practices focuses on the WTO`s work in this area. The current presidency is. Binding tariffs and their equal application to all trading partners (most-favoured-nation treatment or most-favoured-nation law) are the key to the smooth movement of goods. The WTO Agreements respect the principles, but also provide for exceptions in certain circumstances. Three of these issues are: Feasible subsidies: In this category, the complaining country must demonstrate that the subsidy harms its interests.

Otherwise, the subsidy is authorized. The agreement defines three types of damage they can cause. A country`s subsidies can harm a domestic industry in an importing country. They can harm competing exporters from another country if both compete in third markets. And domestic subsidies in a country can hurt exporters trying to compete in the domestic market of the subsidizing country. If the Dispute Settlement Body decides that the subsidy will have an injurious effect, the subsidy must be withdrawn or its adverse effects eliminated […].