presented by: ankit mittal eshant jain harshul

8/14/2019 PRESENTED by: Ankit Mittal Eshant Jain Harshul

1/24


2/24

PRESENTED BY:Ankit Mittal

Eshant Jain

Harshul Aggarwal

Attam Khatwani


3/24

MULTILATERAL TRADING SYSTEMOBJECTIVE

To provide a stable and predictable environment.

To provide increased level of

Global trade

Investment Production

Employment

of all the countries.


4/24

MULTILATERAL

TRADING SYSTEM

RULES

ProtectionTo

DomesticIndustriesBy Tariffs

Only

ReductionIn Tariffs

AndBindingAgainstFurther

Increases.

Conduct OfInternational

TradeAccording To

The MostFavouredNation

Clause.

CommitmentTo The

NationalTreatment

Rule.

PROTECTIONOF DOMESTIC

INDUSTRIES

AgreementOn

SafeguardMeasures

SeriousInjury

EconomicDevelop

ment

MEETINGTHREATS

TO UNFAIR

TRADECOMPETITION

Anti-dumping

Duties

CounterVailing

Duties


5/24

MULTILATERAL

TRADING SYSTEM

RULES

ProtectionTo


Only

ReductionIn Tariffs


Increases.


TradeAccording To


Clause.

CommitmentTo The

NationalTreatment

Rule.

PROTECTIONOF DOMESTIC

INDUSTRIES

AgreementOn

SafeguardMeasures

SeriousInjury

EconomicDevelop

ment

MEETINGTHREATS

TO UNFAIR

TRADECOMPETITION

Anti-dumping

Duties

CounterVailing

Duties


6/24

Open and liberal trade policies.

Protection at reasonably low levels.

Only through tariff measures.

No quantitative restrictions.

Exception

Article XVIII-B

Article XX and XI


7/24

MULTILATERAL

TRADING SYSTEM

RULES

ProtectionTo


Only

ReductionIn Tariffs


Increases.


TradeAccording To


Clause.

CommitmentTo The

NationalTreatment

Rule.

PROTECTIONOF DOMESTICINDUSTRIES

AgreementOn

SafeguardMeasures

SeriousInjury

EconomicDevelop

ment

MEETINGTHREATS

TO UNFAIR

TRADECOMPETITION

Anti-dumping

Duties

CounterVailing

Duties


8/24

MULTILATERAL

TRADING SYSTEM

RULES

ProtectionTo


Only

ReductionIn Tariffs


Increases.


TradeAccording To


Clause.

CommitmentTo The

NationalTreatment

Rule.


AgreementOn

SafeguardMeasures

SeriousInjury

EconomicDevelop

ment

MEETINGTHREATS

TO UNFAIR

TRADECOMPETITION

Anti-dumping

Duties

CounterVailing

Duties


9/24

No discrimination.

Import tariffs and other measures to be applieduniformly and unconditionally.

Other measures include Charges on importation and exportation.

Method of levying such charges and tariffs.

Exceptions

Regional Preferential Arrangement

One-way Preferential Arrangement


10/24

No discrimination.




Exceptions




11/24

No discrimination.




Exceptions




12/24

MULTILATERAL

TRADING SYSTEM

RULES

ProtectionTo


Only

ReductionIn Tariffs


Increases.


TradeAccording To


Clause.

CommitmentTo The

NationalTreatment

Rule.


AgreementOn

SafeguardMeasures

SeriousInjury

EconomicDevelop

ment

MEETINGTHREATS

TO UNFAIR

TRADECOMPETITION

Anti-dumping

Duties

CounterVailing

Duties


13/24

Treat imported products at par with similar productsproduced in the domestic market.

Cannot levy higher internal taxes on the imported

products.

Regulations affecting the sale/purchase cannot be biased.


14/24

MULTILATERAL

TRADING SYSTEM

RULES

ProtectionTo


Only

ReductionIn Tariffs


Increases.


TradeAccording To


Clause.

CommitmentTo The

NationalTreatment

Rule.


AgreementOn

SafeguardMeasures

SeriousInjury

EconomicDevelop

ment

MEETINGTHREATS

TO UNFAIR

TRADECOMPETITION

Anti-dumping

Duties

CounterVailing

Duties


15/24

MULTILATERAL

TRADING SYSTEM

RULES

ProtectionTo


Only

ReductionIn Tariffs


Increases.


TradeAccording To


Clause.

CommitmentTo The

NationalTreatment

Rule.


AgreementOn

SafeguardMeasures

SeriousInjury

EconomicDevelop

ment

MEETINGTHREATS

TO UNFAIRTRADE

COMPETITION

Anti-dumping

Duties

CounterVailing

Duties


16/24


17/24

MULTILATERAL

TRADING SYSTEM

RULES

ProtectionTo


Only

ReductionIn Tariffs


Increases.


TradeAccording To


Clause.

CommitmentTo The

NationalTreatment

Rule.


AgreementOn

SafeguardMeasures

SeriousInjury

EconomicDevelop

ment

MEETINGTHREATS

TO UNFAIRTRADE

COMPETITION

Anti-dumping

Duties

CounterVailing

Duties


18/24

Article 4.1 - Significant overall impairment in theposition of a domestic industry.

Domestic industry

All the producers of the similar or directly competingproduct.

OR

Producers whose total output constitutes the major

proportion.


19/24

MULTILATERAL

TRADING SYSTEM

RULES

ProtectionTo


Only

ReductionIn Tariffs


Increases.


TradeAccording To


Clause.

CommitmentTo The

NationalTreatment

Rule.


AgreementOn

SafeguardMeasures

SeriousInjury

EconomicDevelop

ment

MEETINGTHREATS

TO UNFAIRTRADE

COMPETITION

Anti-dumping

Duties

CounterVailing

Duties


20/24

Article XVIII

Protection to new or existing industries for their furtherdevelopment in accordance with programmes and policiesof economic development.

For developing countries only.

Restriction through import tariffs

Increase over bound rate- requires WTO approval.

Quantitative restriction

Requires WTO approval


21/24

MULTILATERAL

TRADING SYSTEM

RULES

ProtectionTo


Only

ReductionIn Tariffs


Increases.


TradeAccording To


Clause.

CommitmentTo The

NationalTreatment

Rule.


AgreementOn

SafeguardMeasures

SeriousInjury

EconomicDevelop

ment

MEETINGTHREATS

TO UNFAIRTRADE

COMPETITION

Anti-dumping

Duties

CounterVailing

Duties


22/24

MULTILATERAL

TRADING SYSTEM

RULES

ProtectionTo


Only

ReductionIn Tariffs


Increases.


TradeAccording To


Clause.

CommitmentTo The

NationalTreatment

Rule.


AgreementOn

SafeguardMeasures

SeriousInjury

EconomicDevelop

ment

MEETINGTHREATS

TO UNFAIRTRADE

COMPETITION

Anti-dumping

Duties

CounterVailing

Duties


23/24

INVESTIGATION INITIATION

Producers supporting the application are over 50% ofthose who are either in support or against.

Producers supporting the application are at least 25% of

total producers.

DETERMINATION OF MATERIAL INJURY

Significant increase in dumped or subsidized export.

Effect on domestic prices

Effects on cash flow, inventories, employment, wages,growth etc.


24/24

presented by: ankit mittal eshant jain harshul

Documents