Grey-area Measures

Grey-area measures in Global Commerce Policy

In this regard, grey-area measures is: discriminatory export and import restraints agreed between governments which are usually contrary to the principles governing the multilateral trading system, but which were not clearly illegal under the multilateral rules. The entries on trade policy are here. Examples of grey-area measures are orderly marketing arrangements and voluntary export arrangements. The entries on trade policy are here. All are now illegal under the WTO Agreement on Safeguards. The entries on trade policy are here. Existing grey-area measures had to be eliminated by 1999. The entries on trade policy are here. Emerging grey-area measures may be cartel arrangements between private firms implicitly sanctioned by governments and voluntary import expansion agreements between governments.[1]

Grey-area measuresin the wold Encyclopedia

For an introductory overview on international trade policy, see this entry.

Resources

Notes and References

1. Dictionary of Trade Policy, “Grey-area measures” entry (OAS)

See Also