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TPP Trade Remedy System: Development or Divergence from the WTO?

  • Dukgeun AhnEmail author
  • Ji Yeong Yoo
Chapter
Part of the Economics, Law, and Institutions in Asia Pacific book series (ELIAP)

Abstract

The model adopted in the TPP sets forth an important precedent in the subsequent FTA negotiation. This study reviews the main features of the TPP trade remedy chapter and analyzes the implications compared to legal developments in trade remedy rules incorporated in other FTAs involving TPP members. Among many interesting features, it is noted that the TPP abandons a controversial selective safeguard system incorporated in its FTAs since the NAFTA. It becomes a more imminent task to enhance harmonization of trade remedy procedures as well as practices. Mega FTA negotiations in the future should accelerate the regulatory coherence in broader aspects of the global trading system.

Keywords

Trade remedy Anti-dumping Countervailing Safeguard 

Copyright information

© Springer Nature Singapore Pte Ltd. 2017

Authors and Affiliations

  1. 1.International Law and Policy, Graduate School of International StudiesSeoul National UniversitySeoulSouth Korea
  2. 2.Center for International Commerce and Strategy, Seoul National UniversitySeoulSouth Korea

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