Common use of Subsidies Clause in Contracts

Subsidies. 1. Notwithstanding Article 1.4(b) (Scope and Coverage), the Parties shall review the issue of disciplines on subsidies related to trade in services in light of any disciplines agreed under Article XV of GATS. 2. Parties recognise that, in certain circumstances, subsidies may have distortive effects on trade in services. Any Party which considers that it is adversely affected by a subsidy of another Party may request consultations with that Party on such matters. Such request shall be accorded sympathetic consideration.

Appears in 11 contracts

Samples: Free Trade Agreement, Free Trade Agreement, Free Trade Agreement

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Subsidies. 1. Notwithstanding Article 1.4(b) (Scope and Coverage), the Parties shall review the issue of disciplines on subsidies related to trade in services in light of any disciplines agreed under Article XV of GATS. 2. Parties recognise that, in certain circumstances, subsidies may have distortive effects on trade in services. Any Party which considers that it is adversely affected by a subsidy of another Party may request consultations with that Party on such matters. Such request shall be accorded sympathetic consideration.

Appears in 2 contracts

Samples: Free Trade Agreement, Free Trade Agreement

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Subsidies. 1. Notwithstanding Paragraph 2(c) of Article 1.4(b2: (a) (Scope and Coverage), the Parties shall review the issue of disciplines on subsidies related to trade in services in the light of any disciplines agreed under Article XV of GATS. 2. Parties recognise that, in certain circumstances, subsidies may have distortive effects on trade in services. Any with a view to the incorporation of such disciplines into this Agreement; and (b) a Party which considers that it is adversely affected by a subsidy of another the other Party related to trade in services may request consultations with that Party on such matters. Such request The Parties shall be accorded sympathetic considerationenter into such consultations.

Appears in 1 contract

Samples: Closer Economic Partnership Agreement

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