Do we have time to prepare for the introduction of trade defence measures?

Trade defence instruments

Jovita Dobrovalskienė
Jovita Dobrovalskienė
Customs law manager, Muita UAB, Lithuania
Published 31 Dec 2021
Do we have time to prepare for the introduction of trade defence measures?
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Duties & taxes
Importers, especially small and medium-sized enterprises, are often unaware of trade defence instruments (TDIs) and face the consequences of newly introduced measures unprepared, thus incurring unforeseen costs. Is it possible to prepare for this and thus, albeit partially, manage the risks associated with the introduction of TDIs? One mean to manage such risks would be regular monitoring of the regulatory environment. Of course, this requires resources, but it is equally important to know the process and deadlines for setting the TDI, as well as why different sizes of measures apply to the same product imported from the same non-EU country and where to find the necessary information. Thus, this is to be discussed in the article.

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