10 March 2023
News | International Trade | UK | Changes Proposed to Trade Remedies System
On 9 March 2023, the UK Government announced changes, which are intended to come into force in 2023, to the role of the Trade Remedies Authority (TRA).
The stated aim of the proposed changes is to 'give the Government additional powers to decide the outcome of trade remedies investigations while maintaining the TRA’s independent investigatory and recommendation functions'.
A summary of the proposed changes is as follows:
Proposed changes to primary legislation are due to be published as part of the Finance Bill on 23 March 2023 (and changes to secondary legislation will also be required).
If you have any questions in relation to these reforms, please do not hesitate to reach out to the Gide Trade Remedies Team.