TRADE REMEDIES: SUBSIDIES AND COUNTERVAILING MEASURES: Its Application in Developing Countries


Theme: General

TRADE REMEDIES: SUBSIDIES AND COUNTERVAILING MEASURES: Its Application in Developing Countries    |   File Size: 499.53 kB Downloads: 5040   |   Post Date: 15 August 2013

Trade remedies are trade policy tools that a government can use to take remedial action against im­ports that hurt local producers. These policies are designed to provide relief from imports that are deemed unfair, or in other cases it is an adjustment from import surge. There are three primary types of trade remedies: anti-dumping, safeguards, and countervailing measures. Countervailing measure, which is the focus of this bulletin, is concerned with imposing duties that counterbalance the effect of subsidies that an exporting country offers to its domestic producers and businesses.

This measure is used to protect local industries against unfair trade practices. The use of countervailing measures is contained in the World Trade Organization (WTO) Agreement on Subsidies and Countervailing Measures (ASCM) in Article IV of the General Agreement on Tariffs and Trade (GATT) 1994. Kenya is a member of the WTO and is, therefore, party to the ASCM. However, she has not used this trade remedy much since the agreement came into force.


ANTI-DUMPING AS A TRADE REMEDY: The Way Forward for Kenya


Theme: General

ANTI-DUMPING AS A TRADE REMEDY: The Way Forward for Kenya    |   File Size: 543.16 kB Downloads: 8758   |   Post Date: 15 August 2013

In the international trade arena, there are occurrences that may make a country feel disadvantaged or injured in the course of conducting trade with other countries. Such injuries could result in small and infant industries of a country closing down due to inability to compete with the imports and loss of employment due to closure of companies. There are several trade remedies that can be adopted to deal with such situations: anti-dumping duties, safeguard measures, and countervailing duties. The focus here will be on anti-dumping duties.

The World Trade Organization’s (WTO) General Agreement on Tariffs and Trade (GATT) 19941 provides the framework under which anti-dumping duties can be used. Kenya, who is a member of the WTO since 1995, can apply anti-dumping duties as long as she adheres to the rules governing anti-dumping as stipulated in Article 2 of the GATT 1994 on anti-dumping, commonly known as the WTO Agreement on Anti-dumping. The focus of this Bulletin is on the rules guiding anti-dumping and its application to Kenya.


Economic Partnership Agreements, WTO Compatibility and Development for Kenya


Theme: General

Economic Partnership Agreements, WTO Compatibility and Development for Kenya    |   File Size: 691.2 kB Downloads: 5150   |   Post Date: 13 March 2013

This paper looks at the agreement establishing a Framework for an Economic Partnership Agreement (FEPA) between the East African Community (EAC) Partner states, on one part, and the European Community (EC) and its member states, on the other. This framework was put in place to comply with a deadline imposed by the WTO that the two parties should bring their trade relations in compliance with the WTO rules. The main objective of this bulletin is to review the compatibility of the FEPA with the current WTO requirements and to analyse the implications for development and poverty in Kenya.


Financial and Monetary Reforms for Sustainable Development: Global and Regional Initiatives


Theme: General

Financial and Monetary Reforms for Sustainable Development: Global and Regional Initiatives    |   File Size: 438.45 kB Downloads: 1656   |   Post Date: 27 September 2012

Regional trade agreements (RTAs)are a significant part of global trade and an important aspect of Africa’s development effort. Also, regional integration provides opportunities for African countries in terms of competitiveness as well as providing the potential to increase trade and services while attracting Foreign Direct Investment (FDI). This paper highlights some of the issues related to regional integration in  Africa in the context of the immediate past global financial crisis.

It outlines challenges and thoughts towards strengthening and deepening this process for far-reaching development outcomes now and for the future. It links regional integration to financial and monetary reforms within regional trade arrangements across Africa, and particularly highlights the potential for regional integration to facilitate financial reform as well as improving the investment climate for trade in the African region. This brief was a contribution toward the UNCTAD - United Nations Conference on Trade and Development Public Symposium 2011


Towards an East African Community Common Market: Challenges and Opportunities


Theme: General

Towards an East African Community Common Market: Challenges and Opportunities    |   File Size: 428.95 kB Downloads: 10762   |   Post Date: 30 January 2011

The EAC is a regional intergovernmental organisation of the Republics of Kenya, Uganda, Tanzania, Rwanda and Burundi, with its headquarters in Arusha,Tanzania. It is among a rising number of regional trade organisations in Africa, whose partner states conduct business activities at the bilateral and multilateral levels.


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