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FTA Round Table Debate: EU’s Modernisation of Trade Defence Instruments

21-03-2017

 

On 21 March 2017, FTA will host its 7th Round Table debate 'Modernisation of Trade Defence Instruments (MTDI) – Last Chance to Deliver’ at the FTA secretariat (avenue de Cortenbergh 172, 5th floor) in Brussels.

 

After three years of stalemate, at the end of 2016 Member States finally agreed a compromise position on MTDI based on a proposal by the Slovak presidency. This proposal is now with the European Parliament where it is likely to be debated for some time – trilogues start later this month. Although FTA has advocated for a modernisation of the EU’s Trade Defence Instrument (TDI) system for many years (not least for greater transparency) it has some concerns with the current proposal. Now, FTA calls on its key stakeholders, including representatives from the European institutions, Member States, associations and think tanks, to examine the political framework and discuss what is needed to drive forward the modernisation of the TDI system.

 

A well-rounded panel will set the scene; discussing the proposal and sharing their views on its potential impact.

 

The panel will consist of :

 

Following a networking lunch starting at 12:30, the Round Table will take place between 13:00 – 14:30. 

Places for this Round Table are very limited, FTA invites interested parties to confirm attendance at their earliest convenience. Places are confirmed once a notification email is received.

 

For further information, please contact Heather Kiggins, Events Coordinator

 

 

 

Background Information on the Modernisation of Trade Defence Instruments (MTDI)

Until late 2016, the proposal to modernise the EU’s trade defence instruments (MTDI) was at stalemate within the Member States. No agreement could be reached on the most controversial aspect of the proposal: the possibility not to apply the lesser duty rule (LDR).

After attempts by various presidencies failed, in late 2016 Member States debated and finally agreed on a Slovakian proposal that specifies aspects of the raw material provisions and moves away from the amendment that was proposed by the European Parliament in 2013 – where the LDR could be removed in instances beyond mere raw material distortion. This is now before the European Parliament and trilogues are expected from March onward. However, since it is more liberal than that which came out of the EP in 2013, the debate is expected to continue for some time. Many believe this is the last chance to produce a meaningful outcome that would equip the EU with an up-to-date trade defence regulation.

 

Read FTA's Statement 'Slovak Presidency Proposal on TDI Modernisation'