Article 8. Establishment of serious damage to the economic sector of the Member States or the threat of its infliction as a result of increased imports of the Law on Special Protective, Anti-Dumping and Countervailing Measures in Relation to Third Countries

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Article 8. Establishment of serious damage to the economic sector of the Member States or the threat of its infliction as a result of increased imports of the Law on Special Protective, Anti-Dumping and Countervailing Measures in Relation to Third Countries

1. In order to establish serious damage to the economic sector of the member States or the threat of its infliction as a result of increased imports into the customs territory of the Eurasian Economic Union, the investigating authority, during the investigation, evaluates objective factors that can be expressed in quantitative terms and that have an impact on the economic situation of the economic sector of the member States, including the following:

1) the rate and volume of import growth of the product being investigated, in absolute and relative terms to the total volume of production or consumption in the Member States of a similar or directly competing product;

2) the share of imported goods that are the subject of investigation in the total sales of these goods and similar or directly competing goods on the market of the Member States;

3) the price level of the imported product being investigated in comparison with the price level of a similar or directly competing product produced in the Member States;

4) changes in the volume of sales on the market of the Member States of a similar or directly competing product produced in the Member States;

5) changes in the volume of production of a similar or directly competing product, productivity, capacity utilization, the amount of profits and losses, as well as the level of employment in the economic sector of the Member States.

2. Serious damage to the economic sector of the Member States or the threat of its infliction as a result of increased imports should be established on the basis of the results of an analysis of all evidence and information relevant to the case and available to the investigating authority.

3. The investigating authority, in addition to increased imports, analyzes other known factors that cause serious damage to the economic sector of the Member States during the same period or threaten to cause it. The specified damage should not be attributed to serious damage to the economic sector of the member States or the threat of its infliction due to increased imports into the customs territory of the Eurasian Economic Union.

The Law of the Republic of Kazakhstan on June 8, 2015 No. 316-V SAM.

This Law regulates public relations related to the application of special protective, anti-dumping and countervailing measures in relation to third countries in order to protect the economic interests of the Republic of Kazakhstan.

President

Republic of Kazakhstan

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