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South Africa launches safeguard investigation on threaded fasteners of iron or steel

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In the notification, South Africa indicated, among other things, as follows:

“Interested parties must make themselves known within a period of 20 days after the initiation of the investigation."

 

What is a safeguard investigation?

A safeguard investigation seeks to determine whether increased imports of a product are causing, or is threatening to cause, serious injury to a domestic industry.

During a safeguard investigation, importers, exporters and other interested parties may present evidence and views and respond to the presentations of other parties.

A WTO member may take a safeguard action (i.e. restrict imports of a product temporarily) only if the increased imports of the product are found to be causing, or threatening to cause, serious injury.

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