Regulation 2015/476 - Measures that the Union may take following a report adopted by the WTO Dispute Settlement Body concerning anti-dumping and anti-subsidy matters (codification) - Main contents
Contents
EU measures concerning anti-dumping and anti-subsidy questions
SUMMARY
This regulation repeals Regulation (EC) No 1515/2001 on the measures that may be taken by the European Union (EU) following a report adopted by the World Trade Organization (WTO) Dispute Settlement Body (DSB) concerning anti-dumping and anti-subsidy matters.
WHAT DOES THIS REGULATION DO?
It permits the EU, where appropriate, to bring a measure taken under Regulation (EC) No 1225/2009 (anti-dumping measures*) or Regulation (EC) No 597/2009 (anti-subsidy measures*) into line with a report by the WTO’s DSB.
KEY POINTS
Specifically, the European Commission may:
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repeal or amend the disputed measure, or |
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adopt any other special implementing measure deemed to be appropriate in the circumstances in order to comply with the WTO report, |
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where appropriate, suspend or review such measures. |
Measures adopted under this regulation generally take effect from the date of their entry into force.
WHEN DOES THIS REGULATION APPLY?
From 16 April 2015.
BACKGROUND
Where the government of a WTO member believes that another WTO member is violating an agreement or a commitment it has made in the WTO, the dispute is referred to the WTO’s DSB.
KEY TERMS
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*Anti-dumping measures: measures, e.g. specific duties, applied to imports into the EU of ‘dumped products’, i.e. products exported to the EU at a lower price than the domestic price.
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*Anti-subsidy measures: measures, e.g. countervailing duties (that neutralise the negative effects of subsidies), imposed by the EU on imports that are subsidised and thus injure EU industry producing the same product.
ACT
Regulation (EU) 2015/476 of the European Parliament and of the Council of 11 March 2015 on the measures that the Union may take following a report adopted by the WTO Dispute Settlement Body concerning anti-dumping and anti-subsidy matters
REFERENCES
Act |
Entry into force |
Deadline for transposition in the Member States |
Official Journal |
Regulation (EU) 2015/476 |
16.4.2015 |
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last update 15.10.2015
This summary has been adopted from EUR-Lex.
Regulation (EU) 2015/476 of the European Parliament and of the Council of 11 March 2015 on the measures that the Union may take following a report adopted by the WTO Dispute Settlement Body concerning anti-dumping and anti-subsidy matters (codification)