Page 29 - Annual Report 2019
P. 29

19. The  sector-wise  distribution  of  Safeguard   Measures  were  imposed.    In  fact,  out  of  the  total
          Measures  imposed  by  WTO  members  globally  from   Safeguard   Cases where measures are imposed, 26%
          1995  to  2017  shows  that  Base  Metals  and  Articles   belong to Base Metal and Articles category followed by
          constitute  the  bulk  of  cases  in  which  the  safeguard   Chemicals and Allied Industries (19%).



                                    Sector wise Global Safeguard Measures Imposed












































                                                            *From 01.01.1995 – 31.12.2017; Source WTO



          20. The purpose of trade remedy measure, in general, is   price  levels  of  the  downstream  products  and
          to eliminate injury caused to the Domestic Industry in   consequently  might  have  some  influence  on  relative
          the importing country by the unfair trade practices by   competitiveness  of  these  products  however,  it  is
          the exporting country so as to re-establish a situation of   necessary to ensure a healthy competition and a level
          open  and  fair  competition,  which  is  in  the  general   playing field for the domestic industry in the importing
          interest of a fair international trade. It is recognized   countries. Therefore, the trade remedy measures need
          that the imposition of the measures might affect the   to be used very judiciously in deserving cases only.























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