UK-New Zealand FTA Chapter 8: Trade Remedies
Text of chapter 8 of the Free Trade Agreement (FTA) between the United Kingdom of Great Britain and Northern Ireland and New Zealand.
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Trade Remedies provide a safety net for domestic industry against unfair trading practices or unforeseen surges in imports of goods.
The chapter바카라 사이트¯includes a general bilateral safeguard mechanism. This allows for바카라 사이트¯temporary tariff increases or a suspension of further tariff liberalisation to protect industry from serious injury or threat thereof, as a result of increased imports through the FTA. Bilateral safeguards can be applied by either party and to all categories of product.
The chapter also affirms both countries바카라 사이트™바카라 사이트¯rights and obligations under the World Trade Organization (WTO) agreements allowing members to apply trade remedies.