TDI Guide for EU Exporters

Download or read book TDI Guide for EU Exporters written by and published by . This book was released on 2010 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: With the increasing globalization of trade, companies doing business abroad, need to take into account their obligation to comply with international trade rules. This is not always an easy task. Although the general tendency nowadays is to remove obstacles to trade, the international trading system allows countries to introduce restrictive measures in order to address very specific circumstances. These measures are called trade remedies or trade defence instruments, and they are permitted only under strict conditions. There are three Trade Defence Instruments (TDI): the antidumping instrument, the antisubsidy instrument and the safeguard instrument. While the first two instruments act against unfair trade practices in cases where imports are made under conditions that are actionable under the rules of international trade, the objective of the latter is to give an industry in the importing country time to adjust to a significant increase of imports. If your competitors in foreign markets claim that you are either dumping your exports on their market, that your exports are subsidised or that they have to face a significant increase of imports which is harmful for their business, they can ask their national authorities to introduce trade defence measures in order to remedy the situation. This may in turn have an impact on your situation as you may be subject to a time-consuming investigation carried out by the national authorities of the importing country and possibly have to face measures (in the form of additional duties or quotas) on your future exports to that country. This guide will help to better understand the main concepts of trade defence and will give advice on how to deal with trade defence investigations.