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The European Union‘s safeguard for rice imports from Cambodia and Myanmar
JETRO
2024.02.26
Following a substantial increase in Indica rice imports from Cambodia and Myanmar, the European Union (EU) adopted safeguard measures to reinstate the common-customs tariff rate of 175 euros per ton from 2019, with progressive liberalization over three?years. To estimate the impact of safeguard duties, this paper uses a sample of milled rice imports from 28 EU importers during 2017?20 and adopts a triple-differences approach. The results show that safeguard duties have a significantly negative impact on import values and quantity of affected goods and a significantly positive impact on import prices. Safeguard duties appear to induce trade redirection to other third markets but produce little substitution effects for EU rice producers.