Verordening 2015/477 - Maatregelen die de Unie kan nemen naar aanleiding van een rapport van het orgaan voor geschillenbeslechting van de WTO betreffende antidumping- en antisubsidiemaatregelen (codificatie) - Hoofdinhoud
Inhoudsopgave
Trade policy — ensuring fairness of anti-dumping and anti-subsidy measures
SUMMARY OF:
Fair EU safeguard measures when combined with anti-dumping or anti-subsidy measures — Regulation (EU) 2015/477
SUMMARY
WHAT DOES THIS REGULATION DO?
It enables the European Commission to adopt safeguard measures* to protect EU industry from unfair competition caused by a sudden and unforeseen increase in imports.
KEY POINTS
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Safeguard measures aim to give EU industry a temporary breathing space to make necessary adjustments. |
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Unlike anti-dumping* and anti-subsidy measures*, safeguard measures do not focus on whether trade is ‘fair’ or not, so the conditions for imposing them are more stringent. |
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The EU has to show that the increase in imports is:
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Safeguards apply to all imports of the relevant product from all countries. |
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The Commission may adopt the following safeguard measures:
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Any amendment, suspension or exemption must be limited in time and apply only when the relevant safeguard measures are in force. |
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This regulation codifies and repeals Regulation (EC) No 452/2003. |
WHEN DOES THE REGULATION APPLY?
From 16 April 2015.
KEY TERMS
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*Anti-dumping measures: measures, e.g. specific duties, applied to imports into the EU of ‘dumped products’, i.e. products exported to the EU at a lower price than the domestic price, and that cause injury to the EU industry.
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*Anti-subsidy measures: measures, e.g. countervailing duties, imposed by the EU on imports that are subsidised and thus injure EU industry producing the like (a similar) product.
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*Safeguard measures: measures introduced when the Commission concludes that imports of a certain product have increased to the extent that they cause (or threaten) serious harm to EU producers. They are temporary measures (e.g. import or tariff quotas) applied to imports in order to offer EU producers the time to make any necessary structural adjustments.
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*Countervailing duties are levied on goods which have received government subsidies in the originating or exporting country, thus enabling the goods to be imported into the EU at prices substantially lower than their normal commercial value.
ACT
Regulation (EU) 2015/477 of the European Parliament and of the Council of 11 March 2015 on measures that the Union may take in relation to the combined effect of anti-dumping or anti-subsidy measures with safeguard measures
REFERENCES
Act |
Entry into force |
Deadline for transposition in the Member States |
Official Journal |
Regulation (EU) 2015/477 |
16.4.2015 |
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last update 19.10.2015
Deze samenvatting is overgenomen van EUR-Lex.
Verordening (EU) 2015/477 van het Europees Parlement en de Raad van 11 maart 2015 inzake de maatregelen die de Unie kan nemen naar aanleiding van een rapport van het orgaan voor geschillenbeslechting van de WTO betreffende antidumping- en antisubsidiemaatregelen (codificatie)