Page 28 - Annual Report 2019
P. 28

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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