THE AGREEMENT AT A GLANCE THE MAIN PROVISIONSAgreement Respecting Normal Competitive Conditions in the Commercial Shipbuilding and Repair Industry • May 11th, 2001
Contract Type FiledMay 11th, 2001The "Agreement Respecting Normal Competitive Conditions in the Commercial Shipbuilding and Repair Industry" aims at establishing, in a legally binding manner, a ’level playing field’ in the commercial shipbuilding and repair industry through: (1) a discipline for government support, (2) a legal instrument to deal with injurious pricing actions of shipbuilding companies, and (3) binding dispute settlement before an independent international Panel.