Our BASEAK CORE Papers article series continues with our fifth article: "General View of the Trade Defense Instruments in International Trade Law".
We continue our BASEAK CORE Papers series with our fifth article!
In this part of the series, our associates Armanç Canbeyli and Çigdem Gizem Okkaoglu analyze four different trade defense instruments and provide a summary of evaluations for each instrument.
Please find the brief summary of our article below.
Recently, the dynamics of international trade has been reshaped by a series of important changes including the broken supply chains for products and services due to the Covid-19 pandemic, the trade barriers created by the Brexit, despite zero tariff and quote envisaged in the free trade agreement between EU and UK and the expected radical shift in the trade policy of the USA after the Presidency elections as well as the trade wars between the USA and China.
Considering the importance of this topic, our study will provide brief information concerning the history of the World Trade Organization and commence with assessing the legal grounds of international trade mechanisms such as anti-dumping, subsidies, and countervailing measures and safeguards. Additionally, the so-called surveillance mechanism, which is the fourth kind of domestic remedy that has not been administered by the World Trade Organization's regulations, will be evaluated. Finally, a summary of the evaluations will be provided along with our recommendations.
You can reach the BASEAK CORE Paper 5 on this link.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.