Answered on : 2024-01-23
1. **Significance of Expiry Review**
- An expiry review, also known as "落日檢討" or "sunset review," is crucial in anti-dumping measures.
- Conducted before the expiration of anti-dumping measures to determine their continuation [1].
2. **Process of Expiry Review**
- Involves a reassessment of anti-dumping measures to decide whether to maintain them.
- Commonly termed as "期終檢討" in Chinese, it assesses the need for continued anti-dumping actions [1].
3. **International Practices**
- European Union conducts "expiry review" or "sunset review" to determine the need for ongoing anti-dumping measures [2][3].
- WTO recognises the concept of "Sunset Review" in its Anti-Dumping Agreement [5].
4. **Relevance to WTO**
- WTO Anti-Dumping Agreement outlines the sunset review process, allowing for a comprehensive re-evaluation of anti-dumping measures [5].
5. **Conclusion**
- Expiry reviews are integral to maintaining fairness and relevance in anti-dumping measures, ensuring they align with evolving market conditions and trade dynamics. [1][5].