Non Legislative, European Commission, Business
Trade Defence Instruments (TDI) are the legal means by which European companies can respond to unfair trade practices in third countries, such as dumping or subsidies, to restore a level playing field for their business. The EU system of trade defence applies the highest EU and WTO legal standards but from time to time a review is needed – within these legal frameworks - to ensure they remain relevant to new challenges across the changing economic landscape. This proposal aims to review and improve in a pragmatic and balanced way the EU's Trade Defence Instruments for the benefit of all stakeholders – from producers, importers, to small, medium and large companies and, of course, consumers. The overall ambition is to make these instruments more efficient, transparent and user-friendly.
In line with WTO rules, the EU has three trade remedy instruments at its disposal to address unfair or suddenly rising imports due to unfair practices by non-EU countries: anti-dumping, anti-subsidy and safeguards, of which anti-dumping is the most frequently used. As an example, when an EU industry considers that imports of a product from a non-EU country are subsidised or sold at prices lower than the market value and therefore injuring the EU industry producing the same product, it can lodge a complaint with the European Commission, providing evidence of the unfair practice and economic difficulties caused. The European Commission is responsible for investigating these allegations of dumping or subsidisation.
Technical briefing off-the-record in the Berlaymont press room in Brussels at 11.30.
A press release, as well as the Communication, the legislative proposal and guidelines will be available on the day.