The CEA has been asked by the Secretary of State for International Trade, the Rt. Hon Dr Liam Fox MP, to submit evident into his department investigation into existing trade remedies and their uptake post Brexit. Please click here to view the letter received. It’s an important issue as Dr Fox says that “we will not maintain a trade remedy measure if we have not had any responses from UK businesses which support it”.
For clarity, a Trade Remedy is defined thus …. Trade remedies are trade policy tools that allow governments to take remedial action against imports which are causing material injury to a domestic industry. Such remedies are divided broadly into: anti-dumping action; countervailing duty measures; and. safeguard action.
I know some of you have had issues with the dumping of equipment and parts from the Far East and have resorted to action using existing Trade remedies. There will be other examples and we really need to hear from you now to ensure that these stay on the statute book if they are of use to industry.
Please let me know as soon as possible what issues you have encountered with international trade and what Trade Remedies you have taken to resolve them. I have to submit evidence to Dr Fox by the end of March. So in order for me to compile a report and cross reference submissions, I need your evidence by 28 February 2018. I look forward to hearing from you. email@example.com
Joanna Oliver MBE
Director of Global Programmes