Glossary of Terms

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Glossary of Terms

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Safeguard

A special safeguard may be invoked in specific cases to partly offset a significant decline in import prices or a surge in the volume of imports.

Sanitary And Phytosanitary Measures (SPS)

Food safety and animal and plant health measures. These measures are regulated in the WTO in terms of the Agreement on Sanitary and Phytosanitary Measures and the Agreement on Technical Barriers to Trade.

Schedule Of Concessions

See GATT Schedule of concessions.

Sections

HS chapters are logically grouped in sections representing groups of products. There are 21 HS sections.

SITC

See Standard International Trade Classification.

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