Subsidies
and countervailing measures
The
WTO Agreement on Subsidies and Countervailing Measures
disciplines the use of subsidies, and it regulates the
actions countries can take to counter the effects of
subsidies. Under the agreement, a country can use the
WTO’s dispute-settlement procedure to seek the
withdrawal of the subsidy or the removal of its adverse
effects. Or the country can launch its own investigation
and ultimately charge extra duty (“countervailing
duty”) on subsidized imports that are found to be
hurting domestic producers.
See also:
> The Rules Negotiations
> Fisheries
subsidies |
