import restrictions

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Related to Trade barriers: Tariff Barriers

import restrictions

or

trade barriers

the limitation of IMPORTS into a country by a variety of techniques, e.g. TARIFFS, QUOTAS, IMPORT SURCHARGES, IMPORT DEPOSITS, EXPORT RESTRAINT AGREEMENT and FOREIGN EXCHANGE CONTROLS. The aim of import restrictions is to assist in the removal of a BALANCE-OF-PAYMENTS deficit and as a means of protecting domestic industries against foreign competition. In general, these practices are contrary to the rules of the WORLD TRADE ORGANIZATION (WTO), but the WTO has been powerless to stop them in many cases (see, for example, the MULTI-FIBRE ARRANGEMENT). See PROTECTIONISM, BALANCE OF PAYMENTS EQUILIBRIUM.
References in periodicals archive ?
We will now look to the Scottish and UK Governments to support the industry against the negative effects of trade barriers being raised in overseas markets that discriminate against Scotch whisky as a consequence of minimum pricing, and to argue for fair competition on our behalf.
Senator Baldwin has been sounding the alarm since last September about Canadas trade barriers and how they are harming Wisconsin dairy farms.
France has urged the US to sort out trade barriers with Iran so that Tehran-Paris banking ties may be expanded.
Concern over foreign trade barriers is escalating amid a fall in overseas shipments of electronics products, automobiles and auto parts, with the United States and other major economies moving to regulate imports from South Korea.
For asymmetric countries, we show numerically that there exist trade barriers such that the aggregate price is the same in both countries.
Speaking at the occasion, Muzzamil Hussain Sabri, President, Islamabad Chamber of Commerce and Industry highlighted the various bottlenecks being faced by the Pakistani business community in doing trade with USA and urged that US should remove all trade barriers including strict visa conditions for promoting bilateral trade up to real potential.
The countries which had the largest share of exports affected by temporary trade barriers were Latvia, largely due to US antidumping duties imposed on steel concrete rebar, China and Ukraine.
Today's report shows that we can make progress on removing trade barriers that make it difficult for EU companies to do business in these countries," said EU Trade Commissioner Karel De Gucht.
He said that Turkmenistan-Afghanistan-Pakistan -India (TAPI) project will not only complete the gas requirements of the country but will enable us to remove trade barriers between Pakistan and India.
we want the Indian government to continue to open up trade barriers and make it easier to do business here.
I believe we can have a really simple system," said Charles Pillitteri, CEO of 80,000-case Pillitteri Estates Winery in Niagara-on-the-Lake, Ontario, when he called for trade barriers to become an election issue.
Summary: ABU DHABI -- The Ministry of Foreign Trade, in cooperation with the Gulf Cooperation Council and the Islamic Development Bank, started a 3-day regional symposium on non-tariff trade barriers with the participation of representatives from all GCC countries.