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UK businesses protected by Trade Remedies Authority

11:29 14 February in News

UK industry will be protected by a new, independent trade remedies system as the country leaves the European Union on the 29 March 2019 and prepares to take control of its own trade agenda for the first time in more than 40 years.

The Trade Remedies Authority (TRA) will be based in Reading and will be responsible for investigating cases of unfair trading practices, such as dumping and subsidies, and unforeseen surges in imports that injure UK businesses. It will be compliant with World Trade Organisation rules and will be able to recommend new measures for the protection of domestic industries. A statutory appeals system will be in place for the TRA’s decisions.

With 90 staff now appointed, the Department for International Trade has already recruited 70% of the future TRA’s workforce, over a third of which have completed a technical training programme and have the necessary skills to conduct trade remedies investigations.

A new website, which allows for the submission of applications and evidence as part of the review and investigations process, has undergone several rounds of user and development testing. It will be launched by the time the UK leaves the European Union.

Claire Bassett, Trade Remedies Authority Chief Executive Designate, commented:

“We are committed to ensuring that UK industry continues to have the protection it needs against injury caused by unfair trading practices, or unforeseen surges in imports, once we have left the EU. That is why the Department have developed an independent trade remedies framework and I am looking forward to leading the TRA, to deliver this.”

Read more here.