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Saturday, 21 November 2009   |   Last Updated: 29 July 2009

 

Trade Remedies

Trade remedies are actions taken in response to subsidies (countervailing duties), sales at less than fair value (antidumping) and import surges (safeguards). Three separate WTO agreements deal with these topics: the Agreement on Subsidies and Countervailing Measures (the Subsidies Agreement); the Agreement on Implementation of Article VI (the Antidumping Agreement); and the Agreement on Safeguards (the Safeguards Agreement).