WTO: 2014 NEWS ITEMS

SAFEGUARD MEASURES


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In the notification, Costa Rica indicated as follows (original text in Spanish):

“… the [interested] parties will have a period of 15 calendar days from the notification of the initiation of the investigation to present arguments.”

“… the [interested] parties will be given a period of 45 calendar days – counting from the day after the notification, and with a possibility of extension up to 30 additional days - in order to submit evidence.”

“… a period of 8 calendar days is granted, counting from the publication in the Official Journal, to all parties who consider themselves interested in the process to appear before the Investigating Authority to submit their interest and requirements in order to be considered as such.”

Costa Rica also indicated in the notification that the full text of the official gazette can be found by following the link indicated below: 

http://www.meic.go.cr/web/166/defensa-comercial/casos-en-proceso

Further information is available in G/SG/N/6/CRI/3.

 

What is a safeguard investigation?

A safeguard investigation seeks to determine whether increased imports of a product are causing, or is threatening to cause, serious injury to a domestic industry.

During a safeguard investigation, importers, exporters and other interested parties may present evidence and views and respond to the presentations of other parties.

A WTO member may take a safeguard action (i.e. restrict imports of a product temporarily) only if the increased imports of the product are found to be causing, or threatening to cause, serious injury.

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