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Precautionary principle
Member countries are encouraged to use international standards, guidelines and recommendations where they exist. When they do, they are unlikely to be challenged legally in a WTO dispute. However, members may use measures which result in higher standards if there is scientific justification. They can also set higher standards based on appropriate assessment of risks so long as the approach is consistent, not arbitrary. And they can to some extent apply the precautionary principle, a kind of safety first approach to deal with scientific uncertainty.
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- Part of Speech: noun
- Synonym(s):
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- Industry/Domain: Economy
- Category: International trade
- Organization: WTO
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