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TPD > FTAA > Canada Proposals 2000 > Positions |
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Canada's
Proposals for the FTAA Agreement
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January 2000 TRANSITIONAL SAFEGUARDS The purpose of this note is to provide background information on a possible transitional safeguard provision in the FTAA. It examines the purpose and basic characteristics of such a provision. Safeguard measures are sometimes included in an FTA on a transitional basis to allow a country to take short-term action to protect its industry from increased imports (resulting from tariffs being reduced/eliminated under the FTA) which cause serious injury, or threat thereof. Before taking action under such a provision, the importing country must show that:
Limits are placed on the scope and nature of a transitional safeguard action:
Regional Trade Agreements do not require a transitional safeguard mechanism as countries maintain their rights and obligations under Article XIX of the GATT 1994 as elaborated in the
WTO Agreement on Safeguards (for more on the WTO Safeguard provisions, see
ngma/w/80). |
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Source:
Canadian Department of Foreign Affairs and International Trade |
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