This chapter discusses safeguards, the third contingent protection instrument available under the WTO discipline. Under the WTO, safeguards is the contingent protection instrument aimed at protecting domestic industry from excessive legal import. It examines the different permissible measures such as tariffs, quotas, or tariff quotas, that can be lawfully imposed by WTO members who can show that, as a result of ‘unforeseen developments,’ imports have risen and caused injury to the domestic industry producing the ‘like product.’ The procedure for review and application of the safeguards is discussed as well.
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