Trade remedies under Free Trade Agreement between the Eurasian Economic Union and its Member States, of the one part, and the Socialist Republic of Vietnam, of the other part, of May 29, 2015

Free Trade Agreement between the Eurasian Economic Union and its Member States, of the one part, and the Socialist Republic of Vietnam, of the other part, of May 29, 2015 (hereinafter - the Agreement), provides for multiple mechanisms to protect producers of the Eurasian Economic Union (hereinafter - the EAEU) against the negative impact of imports from Vietnam.

First, under the Agreement the right to apply anti-dumping, countervailing, and safeguard measures in the mutual trade is maintained.

Second, the Agreement includes two new trade defence tools – trigger safeguard measures and bilateral safeguard measures.

The procedure of initiating and considering the issue on applying trigger and bilateral safeguard measures is regulated in the EAEU by two Procedures approved by Decision No. 115 of the Council of the Eurasian Economic Commission dated October 18, 2016.

​		Trigger safeguard measures​	​
​	​	​​​	​
​	​	Bilateral safeguard measures