The WTO Agreement on Subsidies and Countervailing Measures disciplines the use of subsidies and regulates the measures that countries can take to counter the effects of subsidies. Under the agreement, a country may use the WTO dispute settlement procedure to request the withdrawal of the subsidy or the elimination of its injurious effects. Or the country may initiate its own investigation and ultimately impose additional duties (countervailing duty) on imports that are subject to injurious subsidies to domestic producers. The texts of other agreements are available on the WTO texts website. In addition, the following resources may prove useful: see also: > Rules Negotiations > Fisheries Subsidies Some of the most frequently cited agreements are listed below, with citations on this subject: The Doha Negotiating Mandate Section on Subsidies and Countervailing Measures in the Doha Ministerial Declaration Introduction of subsidies and countervailing measures in the WTO Links to subsidies and countervailing measures Section of the `WTO entitled `Understanding the WTO`. The Agreement on Subsidies and Countervailing Measures (“ÄTMS” or “Agreement”) sets out and extends the subsidies and countervailing elements of Articles VI and XVI of the General Agreement on Tariffs and Trade 1994 (“GATT 1994”). It provides for disciplines both on the use of trade-distorting subsidies and on the application by some WTO members of countervailing duties to offset the effects of subsidies. This chapter provides a detailed overview of the rights and obligations defined by the NSCM and its interaction with other parts of the WTO Agreement. It will briefly discuss the history of subsidies and countervailing measures since the introduction of GATT in 1947, and then discuss in detail each provision of the ÄTMS.

A separate chapter of this book (Chapter 17) examines findings of injury in anti-dumping and countervailing duty investigations, which are governed by the CESSM and the Agreement on Implementation of Article VI of the General Agreement on Tariffs and Trade 1994, also known as the Anti-Dumping Agreement or the TLK. The Doha Implementing Decision, decisions taken by Ministers in 2001 on the difficulties encountered by developing countries in implementing the current WTO Agreement on Subsidies and Countervailing Measures. If you have written this article and are not yet registered with RePEc, we recommend that you do so here. You can link your profile to this article. It also allows you to accept potential quotes on this article that we are not sure about. If you know that there are articles missing quoting this article, you can help us create these links by adding the relevant references in the same way as above for each referencing article….

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