Price Undertakings. 8.1 Proceedings may19 be suspended or terminated without the imposition of provisional measures or anti-dumping duties upon receipt of satisfactory voluntary undertakings from any exporter to revise its prices or to cease exports to the area in question at dumped prices so that the authorities are satisfied that the injurious effect of the dumping is eliminated. Price increases under such undertakings shall not be higher than necessary to eliminate the margin of dumping. It is desirable that the price increases be less than the margin of dumping if such increases would be adequate to remove the injury to the domestic industry.
Price Undertakings. 1. Proceedings may 13 be suspended or terminated without the imposition of provisional measures or anti-dumping duties upon receipt of satisfactory voluntary undertakings from any exporter to revise its prices or to cease exports to the area
Price Undertakings. 1. Proceedings may13 be suspended or terminated without the imposition of provisional measures or anti-dumping duties upon receipt of satisfactory voluntary undertakings from any exporter to revise its prices or to cease exports to the area 12Because of different terms used under different systems in various countries the term "finding" is hereinafter used to mean a formal decision or determination. 13The word "may" shall not be interpreted to allow the simultaneous continuation of proceedings with the implementation of price undertakings except as provided in paragraph 3. in question at dumped prices so that the authorities are satisfied that the injurious effect of the dumping is eliminated. Price increases under such undertakings shall not be higher than necessary to eliminate the margin of dumping.
Price Undertakings. [8.1. Price increases under price undertakings [shall] [may] be less than the margin of dumping or the amount of the subsidy if such increases would be adequate to remove the injury to the domestic industry.] [Only offers that provide the information required by the investigating authority and give authorization to perform the verifications needed to establish compliance with commitments shall be considered. Offers of quantitative restrictions shall not be accepted]]
Price Undertakings. The Anti-dumping Agreement allows for the negotiation of a price undertaking, instead of an anti- dumping duty. In other words, the exporter may agree to increase its export price in order to remove the injury or “... to cease exports to the area in question at dumped prices ...”47 (GATT Secretariat 1994:183). In this way the exporter will avoid the imposition of a anti-dumping duty. Such an 44 Anti-dumping Agreement, PART I, Article 9, paragraph 9.2. 45 Anti-dumping Agreement, PART I, Article 9, paragraph 9.3. 46 Anti-dumping Agreement, PART I, Article 9, paragraph 9.2. 47 Anti-dumping Agreement, PART I, Article 8, paragraph 8.1.
Price Undertakings. 8.1 Proceedings may19 be suspended or terminated without the imposition of provisional measures or anti-dumping duties upon receipt of satisfactory voluntary undertakings from any exporter to revise its prices or to cease exports to the area in question at dumped prices so that the authorities are satisfied that the injurious effect of the dumping is eliminated. Price increases under such undertakings shall not be higher than necessary to eliminate the margin of dumping. It is desirable that the price increases be less than the margin of dumping if such increases would be adequate to remove the injury to the domestic industry. 19The word "may" shall not be interpreted to allow the simultaneous continuation of proceedings with the implementation of price undertakings except as provided in paragraph 4.
