The UK Trade Remedies Authority (TRA) investigates if trade remedies are needed to prevent injury to UK industries.
Professor of International Economic Law in The City Law School, Professor David Collins, has been appointed an Independent Member on the Audit and Risk Assurance Committee (ARAC) of the UK Trade Remedies Authority (TRA).
The TRA was launched in 2021 and is designed to carry out investigations into allegations of dumping and subsidization by UK trade partners.
It is a key component of the UK’s post-Brexit international trade strategy.
This body makes recommendations to the Department of International Trade regarding the imposition of trade remedies, predominately retaliatory tariffs.
The ARAC provides objective oversight and assurance to deal with governance and the management of strategic risks, including compliance with international and statutory legal requirements.