Safeguard measures

Safeguard measures

Action taken to protect a specific industry from an unexpected build-up of imports generally governed by Article 19 of GATT. The Agriculture Agreement and Textiles and Clothing Agreement have different specific types of safeguards: special safeguards in agriculture, and transitional safeguards in textiles and clothing.

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Part of Speech: noun
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Industry/Domain: Economy
Category: International trade
Organization: WTO
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