A trade defence instrument is a

European Union The European Union (EU) is a supranational political and economic union of member states that are located primarily in Europe. The union has a total area of and an estimated total population of about 447million. The EU has often been des ...

anti-dumping, anti-

subsidy A subsidy or government incentive is a form of financial aid or support extended to an economic sector (business, or individual) generally with the aim of promoting economic and social policy. Although commonly extended from the government, the ter ...

, or

safeguard A safeguard, in international law, is a restraint on international trade or economic development to protect communities from development aggression or home industries from foreign competition. In the World Trade Organization (WTO), a member may t ...

measure carried out to defend its producers against unfairly traded or subsidised imports and against dramatic shifts in trade flows in so far as these are harmful to the EU economy. The use of trade defence instruments by the European Union is based on rules set by the

World Trade Organization The World Trade Organization (WTO) is an intergovernmental organization that regulates and facilitates international trade. With effective cooperation in the United Nations System, governments use the organization to establish, revise, and e ...

References

External links

* * European Union law {{EU-stub