Common Contracts
1 similar Agreement on Subsidies and Countervailing Measures contracts
Wto agreement on subsidies and countervailing measures pdfAgreement on Subsidies and Countervailing Measures • July 12th, 2023
The Agreement on Subsidies and Countervailing Measures (Subsidies Agreement) of the World Trade Organization (WTO) provides rules for the use of government subsidies and for the application of remedies to address subsidized trade that has harmful commercial effects. These remedies can be pursued through the WTO’s dispute settlement procedures, or through a countervailing duty (CVD) investigation which can be undertaken unilaterally by any WTO member government. All members of the WTO (offsite link) are Parties to this Agreement, which went into effect on January 1, 1995. It has no expiration date. Who benefits from this Agreement? Any company in the United States or another WTO member country which is being commercially harmed by unfairly subsidized products from another member country can benefit from the Subsidies Agreement.
