VCA said, State management agencies, with limited trade safeguard knowledge, have devised policies which violated the World Trade Organisation (WTO) agreements, and caused anti-subsidy lawsuits against Vietnam’s exported products.
It analysed as local exporters and trade associations are not fully unaware of international laws and regulations, particularly safeguard measures, they have failed to proactively capture and use safeguard tools to protect their legitimate rights in international trade.
Meanwhile, Vietnamese trade safeguard officials are not capable enough to meet actual requirements, the VCA said.
These weaknesses made the number of lawsuits rise seven cases compared to previous years.
Vietnam faces 14 trade safeguard lawsuits
Tuesday, 26/04/2016
Vietnam faced 14 trade safeguard lawsuits, including 12 anti-dumping lawsuits last year, up 140% compared to the previous year, according to the Vietnam Competition Authority (VCA - Ministry of Industry and Trade).
