In making a determination of the existence of a threat of serious injury, what should be considered regarding Special safeguard measures?

09/05/2024 02:39 - 91 Views

- Significant rate of increase in imports into the Philippines indicating the likelihood of substantially increased importation, evidenced inter alia by the existence of letters of credit, supply or sales contract, the award of a tender, an irrevocable offer or other similar contracts;

- Sufficient freely disposable, or an imminent, substantial increase in, production capacity of the foreign exporters including access conditions they face in third country markets, indicating the likelihood of substantially increased exports to the Philippines;

- Decline in sales or market share, and a downward trend in production, profits, wages, productivity or employment (or increasing underemployment) in the domestic industry and its inability to generate capital for modernization or to maintain existing levels of expenditures for research and development; and

- Growing inventories of the product being investigated whether maintained by Philippine producers, importers, wholesalers or retailers.