Sunset Clause

Sunset Clause

Sunset clause in Global Commerce Policy

In this regard, sunset clause is: a provision in an agreement under which a measure taken by a government expires automatically once a certain time has elapsed, or unless some specified action has been taken. The WTO agreements dealing with anti-dumping measures and countervailing duties contain sunset clauses under which relevant measures expire after five years unless a review finds that they should continue. See also manufacturing clause for a dispute arising because of a sunset clause in United States legislation.[1]

Sunset clausein the wold Encyclopedia

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

Resources

Notes and References

  1. Dictionary of Trade Policy, “Sunset clause” entry (OAS)

See Also


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