Transitional Product-Specific Safeguard Mechanism

Transitional Product-Specific Safeguard Mechanism in Global Commerce Policy

In this regard, transitional product-specific safeguard mechanism is: a safeguard mechanism established in 2001 under the protocol for China ™s accession to the WTO. The entries on trade policy are here. It deals with the possibility that Chinese products may cause or threaten to cause market disruption to domestic producers in other WTO members of directly competitive products. The entries on trade policy are here. In such cases, WTO members may seek consultations aimed at finding a satisfactory solution, including possible recourse to the Agreement on Safeguards. The protocol says that disruption shall exist whenever imports of an article, like or directly competitive with an article produced by the domestic industry, are increasing rapidly, either absolutely or relatively, so as to be a significant cause of material injury, or threat of material injury, to the domestic industry. See also Transitional Review Mechanism.[1]

Transitional Product-Specific Safeguard Mechanismin the wold Encyclopedia

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

Resources

Notes and References

1. Dictionary of Trade Policy, “Transitional Product-Specific Safeguard Mechanism” entry (OAS)

See Also