UK-Australia FTA Chapter 3: Trade Remedies
Text of chapter 3 of the Free Trade Agreement (FTA) between the United Kingdom of Great Britain and Northern Ireland and Australia.
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Trade Remedies provide further protections for domestic industry against unfair trading practices or unforeseen surges in imports of goods.
The chapter鈥痠ncludes a general bilateral safeguard mechanism. This allows for鈥痶emporary import restrictions 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.鈥�
The chapter also affirms both countries鈥欌€痳ights and obligations under the World Trade Organization (WTO) agreements allowing members to apply trade remedies.鈥�