Unlike anti-dumping and anti-subsidy actions pertaining to unfair practices, safeguards have a different nature and it is related to the lack of competitiveness of the domestic industry. The remedy is applied to all imports regardless their origin. The instrument is used to counteract surge of imports, usually unpredictable, as long as they cause or threaten to cause serious prejudice to the domestic industry. Such instrument has a temporary and exceptional character, seeking the recovery of the affected domestic industry. In parallel the domestic producers shall undertake an adjustment program with the aim of restoring their competitiveness to the international standards.
Unlike anti-dumping and anti-subsidy actions pertaining to unfair practices, safeguards have a different nature and it is related to the lack of competitiveness of the domestic industry. The remedy is applied to all imports regardless their origin. The instrument is used to counteract surge of imports, usually unpredictable, as long as they cause or threaten to cause serious prejudice to the domestic industry. Such instrument has a temporary and exceptional character, seeking the recovery of the affected domestic industry. In parallel the domestic producers shall undertake an adjustment program with the aim of restoring their competitiveness to the international standards.
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