Preview

Trade Barriers Regulation

Good Essays
Open Document
Open Document
7325 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Trade Barriers Regulation
The EU Trade Barriers Regulation

Table of content 1. What is the Trade Barriers Regulation 3 1.1 Definition of the TBR 3 1.2 Scope of the TBR 3 1.3 How can the TBR help 3 2. The users of the TBR 3 3. The Trade Barriers Regulation procedure 3 4. How to prepare a complaint 3 5. What can be achieved by a complaint? 3 6. Experience of the Trade Barriers Regulation 3 7. Examples 3 8. Illustrative list of obstacles to trade considered in WTO dispute settlement and TBR Investigation 3 Reference 3

1. What is the Trade Barriers Regulation
1.1 Definition of the TBR
EU companies face trade barriers every day in their international operations. These can include restrictions on sales in export markets, discriminatory taxation systems or difficulties in acquiring and enforcing patent rights in foreign countries. Such barriers hurt companies, workers and consumers.
The Trade Barriers Regulation (TBR) is an instrument in effect since 1995, aimed at helping EU businesses overcome trade barriers and thereby develop their activities overseas. The TBR is specifically designed to remove obstacles to trade in third countries, as well as to tackle unfair foreign trade practices that cause injury within the EU internal market.
1.2 Scope of the TBR 1. The TBR is a legal instrument that gives the right to EU enterprises, industries or their Associations as well as the EU Member States to lodge a complaint with the European Commission who then investigate and determine whether there is evidence of a violation of international trade rules which has resulted in either adverse trade effects or injury. 2. The TBR is an instrument aimed at opening third country markets by eliminating obstacles to trade for the benefit of EU exporters. 3. The TBR has a broad scope of application that applies not only to goods but also to services and intellectual property rights, when the rules concerning these rights have been violated and had an impact on trade

You May Also Find These Documents Helpful

  • Powerful Essays

    SA IBL TB8e Ch09

    • 2493 Words
    • 16 Pages

    The General Agreement on Tariffs and Trade is today the most important instrument for regulating international trade.…

    • 2493 Words
    • 16 Pages
    Powerful Essays
  • Good Essays

    EGT1 Task4

    • 928 Words
    • 4 Pages

    When the world trade organization emerged international trade increased drastically and countries began actively participating in foreign trade pushing their gross domestic profit and products respectively. With such an increase in and active participation in foreign trade it allows countries to create specialized goods and services. Trading agencies are facing certain trade barriers which restrict their expansion in foreign nations. Some trade barriers include, government policies, taxes, economic conditions, and cross cultural issues.…

    • 928 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Bus 378 Week 3

    • 3675 Words
    • 10 Pages

    Macrory, P. F. J., Edmond, A .A., Plummer, M.G. (2005). The World Trade Organization: legal, economic and political analysis, (Vol. 20. Springer Science: New York NY…

    • 3675 Words
    • 10 Pages
    Powerful Essays
  • Good Essays

    Task p2 m1

    • 1111 Words
    • 5 Pages

    A trade restriction has an effect on the trade of goods and/or services between the two countries. Created for the protectionism of the countries people, i.e. a trade restriction is here to protect consumers from inferior/low-grade, harmful or dangerous products.…

    • 1111 Words
    • 5 Pages
    Good Essays
  • Good Essays

    The barriers to International Trade are the tariffs that add costs to imported goods and are one out of several trade policies that a country can enact…

    • 1077 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    Chap015

    • 10530 Words
    • 59 Pages

    3. The General Agreement on Tariffs and Trade is an international framework of rules for reducing trade barriers around the world.…

    • 10530 Words
    • 59 Pages
    Satisfactory Essays
  • Good Essays

    $ 7500 Steelworker

    • 633 Words
    • 3 Pages

    Trade restrictions are often discussed and passed by politicians when there is a need to improve an economic situation of a specific industry.There are some advantages to a trade restriction, which usually only last short term, and disadvantages that will end up occurring long-term. Such restrictions will not only affect the import industry but will end up affecting the export industry as well.…

    • 633 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Fugitive Denim

    • 946 Words
    • 4 Pages

    Where countries have faced trade barriers and wanted them lowered, the negotiations have helped to open markets for trade. But the WTO is not just about opening markets, and in some circumstances its rules support maintaining trade barriers — for example, to protect consumers or prevent the spread of disease. (WTO.COM)…

    • 946 Words
    • 4 Pages
    Good Essays
  • Better Essays

    There are some limitations to international trade as well. Some of the limitations are trade barriers, which include government imposed restraints on the flow of goods or services, tariffs, and quotas. Tariff is a tax imposed on a product or service, and apart of a government’s policy to control trade between nations. For political reasons, tariffs are normally imposed on imported goods.…

    • 1417 Words
    • 6 Pages
    Better Essays
  • Good Essays

    channiboo

    • 1191 Words
    • 5 Pages

    The World Trade Organization (WTO) is the only global international organization dealing with the rules of trade between nations. At its heart are the WTO agreements, negotiated and signed by the bulk of the world’s trading nations and ratified in their parliaments. The goal is to help producers of goods and services, exporters, and importers conduct their business. Where countries have faced trade barriers and wanted them lowered, the negotiations have helped to open markets for trade. But the WTO is not just about opening markets, and in some circumstances its rules support maintaining trade barriers for example, to protect consumers or prevent the spread of disease.…

    • 1191 Words
    • 5 Pages
    Good Essays
  • Good Essays

    how WTO works

    • 1008 Words
    • 5 Pages

    Disputes in the WTO are essentially about broken promises. A dispute arises when one country adopts a trade policy measure or takes some action that one or more fellow WTO members considers to be breaking the WTO agreements, or to be a failure to live up to obligations. WTO members have agreed that if they believe fellow members are violating trade…

    • 1008 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Law and Economic Objectives of The EU Internal Market – Eventual Aspects on the International Trade Market and Advantages of Integration…

    • 504 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    As part of the national or global trends and changes, IKEA is just one example of firms that are successful in both domestic and international business. The Swedish furniture retailer has found the Scandinavian style of furniture that was combined with “do-it-yourself” flat packaging became popular and set a global cult brand (IKEA 2013).…

    • 574 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Though TTIP was proposed by the US to the EU.for a better economic collaboration yet a minor percentage of population of the US and almost all the countries falling under EU are uncertain and unsure about the outcomes of such an international trade treaty even after the last conference of the TTIP, 15th round of negotiation in New York, 7th April, 2016. TTIP is such an agreement that will not only benefit US or the nations under EU individually but it will also help all the member nations to build more bridges and fewer borders in terms of economic cooperation at a global level. Yet this proposal needs to be amended so that the standard of quality of both goods and services as per country requirements are compromised. Eliminating trade barriers is a must to increase the flow of trans-border trade but we need to keep in the system of tariff under considerations as it contributes largely in the economy of many nations. It is a must to keep in our.minds that global economic growth is the optimum key to the progressive.economy of every nation and also.plays an important in the reconstruction of our…

    • 729 Words
    • 3 Pages
    Good Essays
  • Good Essays

    World trade organization is an international organization that regulate trade between nations. The purpose behind it is to help procedure of good and services, exports and imports conduct their businesses (What is the WTO?, 2014).…

    • 541 Words
    • 2 Pages
    Good Essays