What are other remedial measures against unfair trade practices in addition to Anti Dumping? How do they come into operation?
Ans. Apart from dumping, some of the countries also resort to subsidisation of their exports to other countries. Export subsidies, under the WTO agreement, are treated as unfair trade practice and such subsidies are actionable by way of levy of anti-subsidy countervailing duty. There is one more trade remedial measure called “safeguards” which are applied as an emergency measure in response to surge in imports of a particular item.
