Latin nations are pursuing trade abuses; rise in use of national anti-dumping laws is source of Latin American disputes, but free-trade talks may eliminate remedies
Article Abstract:
The World Trade Organization Antidumping Agreement sets detailed rules for members to follow to remedy injurious dumping, and establishes the Committee on Antidumping Practices to review members' anti-dumping laws and provide a forum for consultations on the application of these laws. Since the Antidumping Agreement took effect on Jan 1, 1995, Latin American countries have increased their use of anti-dumping remedies and this is expected to increase due to increased competition resulting from lower tariffs. These Latin American remedies must now accord with the WTO Agreement.
Publication Name: The National Law Journal
Subject: Law
ISSN: 0162-7325
Year: 1998
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Under the Uruguay Round Agreements Act, the Department of Commerce must make sunset reviews of antidumping orders five years after imposition
Article Abstract:
The Uruguay Round expanded the international duties of member nations of GATT and one significant new US duty is a governmental sunset review of outstanding antidumping orders every five years to help determine if the revocation of such orders would be appropriate. The Urugauay Round Agreements Act gave the Department of Commerce and the International Trade Commission the authority to conduct such reviews. Domestic industries which benefit from antidumping orders should begin to consider the issues these governmental agencies must investigate.
Publication Name: The National Law Journal
Subject: Law
ISSN: 0162-7325
Year: 1996
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Anti-dumping dispute settlement is now binding; since the establishment of the WTO, a dispute settlement panel report can no longer be blocked
Article Abstract:
World Trade Organization (WTO) dispute settlement results are binding on member nations, as the WTO Dispute Settlement Understanding takes away member countries' ability to block unfavorable panel reports. This means that the losing member must comply or lose trading concessions. Since anti-dumping cases can be complex, narrow jurisdiction of the panel hearing anti-dumping measures favors due process for the parties and prevents unnecessary challenges.
Publication Name: The National Law Journal
Subject: Law
ISSN: 0162-7325
Year: 1997
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