Page 28 - Annual Report 2019
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Safeguard Duty However, they were infrequently used, and some
governments preferred to protect their industries
17. A WTO member may take a “safeguard” action through voluntary export restraint arrangements on
(i.e., restrict imports of a product temporarily) to products.
protect a specific domestic industry from a sudden
surge in imports of any product which is causing, or is 18. The trend in initiation of safeguard investigations
threatening to cause, serious injury to the industry. is showing a decrease since 2014 as depicted below:
GLOBAL TRENDS IN
TRADE REMEDY
Global Trend in Safeguard Investigations
MEASURES
*From 01.01.1995 – 31.12.2017; Source WTO
Major Users in Safeguard Investigations
*From 01.01.1995 – 31.12.2017; Source WTO
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