What Is Anti Dumping Agreement

The World Trade Organization (WTO) is an international organization that deals with the rules of trade between nations. The WTO also enforces a number of international trade rules, including international anti-dumping regulations. The WTO does not interfere in the activities of dumping companies. Instead, it focuses on how governments can or cannot respond to the practice of dumping. In general, the WTO agreement allows governments to combat dumping “if it causes or threatens to cause significant harm to a historic sector on the territory of a contracting party or if it significantly delays the creation of a domestic industry.” The committee, which meets at least twice a year, offers WTO members the opportunity to discuss all issues related to the anti-dumping agreement (Article 16). The committee reviewed national legislation notified to the WTO. This raises issues relating to the enforcement of national anti-dumping laws and regulations as well as issues of consistency of national practices with the anti-dumping agreement. The committee also reviews MPs` communications on anti-dumping measures and provides an opportunity to discuss issues raised in specific cases. The committee has created its own body, the ad hoc implementation group, open to all WTO members, which will focus on technical implementation issues, i.e. how to ask questions that often arise in the management of anti-dumping legislation. 2.4 A fair comparison should be made between the export price and the normal value. This comparison is made at the same commercial level, usually from the factory, and for sales made at the same time as possible. In any event, differences in price comparability, including differences in conditions and conditions of sale, taxation, level of trade, quantities, physical characteristics and all other differences that are proven to also affect price comparability, are duly taken into account.

(7) In the cases covered by paragraph 3, the costs, including customs duties and taxes, incurred between import and resale, as well as the profits generated, should also be taken into account. Where, in these cases, price comparability has been affected, the authorities set the normal value at a level of exchange equal to the level of the calculated export price, or grant appropriate consideration, as this paragraph justifies. The authorities tell the parties concerned what information is needed to ensure a fair comparison and do not impose an inappropriate burden of proof on those parties. The World Trade Organization (WTO) plays a crucial role in regulating anti-dumping measures. As an international organization, the WTO does not regulate companies that are accused of dumping, but it does have the power to regulate how governments respond to dumping practices in their territories. (ii) an interim positive finding of dumping and harm to a domestic industry has been established; and 7.4 The application of the interim measures is limited to a maximum period of four months, as short as possible, or to a maximum period of six months, at the request of the relevant authorities, at the request of exporters representing a significant percentage of the trade concerned.