Plain meaning
A commitment by an exporter, often in a trade-remedy context, to adjust prices or stop exports in a way that addresses dumping or subsidy concerns.
Also called
undertaking in dumping case
price undertaking
Key points
- An undertaking can be offered during a dumping or subsidy investigation.
- It usually requires the exporter to meet price or conduct commitments accepted by the investigating authority.
- If accepted, an undertaking can suspend some investigation or duty consequences while it remains in force.
- Failure to comply can lead to termination and resumption of duties or proceedings.
Why it comes up
Undertakings can affect whether anti-dumping or countervailing duties proceed, pause, or resume.