Research On Legal Problems Of Safeguard Measures

Safeguard measures are among trade relieves of offered by World Trade Organization, which mean that a member can restrict imports of product if such product is being imported into its territory in such increased quantities which cause serious injury or great threat to the counterpart domestic industry.This paper gives a brief introduction to the general theories of WTO safeguard measures in first part. Consequently, safeguard measures are attached more and more importance by WTO members as a kind of powerful trade instrument, which contribute to relieve industrial injuries and equipoise trade interests. WTO Agreement on Safeguard establishes strict provision for implementing and procedural condition to guide the application for state members. And in the second part, this paper stresses on the provision for implementing and procedural conditions and other conditions during the operation of WTO safeguard measures to show the positive effects of WTO safeguard measures in performance and the important of further exploring the measures. And the defect of this agreement also will be stated in this part. In the following two parts, the author makes a comparative study between safeguard measures and Anti-dumping Regulations, as well as Special Safeguard Measures. The last but not least, the paper deals with the legislative growth of China' safeguard measures and makes a critical comment on the China's legislative system.Economic globalization is the trend of economic development in the world today. Globalization should and must bring about new driving forces for economic development in all countries. China, as the largest developing country in the world will play an important role in this area. Upgrading the process of modernization on legal system of china and perfecting the Chinese safeguard system provide one example.