Eliminating trade remedies from the WTO: Lessons from regional trade agreements
Date of this Version
As the global financial crisis threatens to manifest in enhanced protectionism, the economic irrationality of dumping, countervailing, and global safeguard measures (so-called `trade remedies') should be of increased concern to the Members of the World Trade Organization (`WTO'). Long tolerated under the WTO agreements and perhaps a necessary evil to facilitate multilateral trade liberalization, elimination of trade remedies is far from the agenda of WTO negotiators. However, a small number of regional trade agreements offer a model for reducing the use of trade remedies among WTO Members in the longer term, consistent with WTO rules and broader public international law.
This document is currently not available here.
This document has been peer reviewed.