Abstract
The EU, like other developed country WTO members, thus far has used safeguard measures only sporadically. Where they have been used, they have been applied in a relatively liberal manner. However, safeguard measures, including those of the EU, are by nature very blunt, particularly if they are applied on a global, first come-first served basis. Furthermore, the application of safeguard measures by the EU tends to have a snowball effect, as happened in 2002 and is now starting to happen again. It is therefore to be hoped that the EU will continue to apply safeguard measures only exceptionally and, when it does so, in a liberal manner. The two – at the moment of writing – ongoing safeguard investigations will provide an indication of the EU’s future trade policy in this regard.
Published Version
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