Subsidy specificity
WebA subsidy exists if there is either a financial contribution by a foreign authority which confers a benefit on the recipient (usually an industry or business manufacturing goods) or a form of... Web1 Jan 2024 · The concept of specificity is used in the WTO Subsidies and Countervailing Measures Agreement (SCM Agreement) and is essentially the same as that of selectivity [ used in EU State aid law. Although the terminology used is slightly different, the definitions of Zeconomic actor and subsidy [
Subsidy specificity
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Web6 Aug 2016 · The mere fact that a subsidy is accorded to enterprises which export shall not, for that reason alone, be considered to be an export subsidy within the meaning of this provision. 5. Any determination of specificity under the provisions of this Article shall be clearly substantiated on the basis of positive evidence. Article 5 WebWhere the subsidy can be linked to the acquisition or future acquisition of fixed assets, the amount of the countervailable subsidy shall be calculated by spreading the subsidy …
WebSpecificity. Assuming that a measure is a subsidy within the meaning of the SCM Agreement, it nevertheless is not subject to the SCM Agreement unless it has been specifically provided to an enterprise or industry or group of enterprises or industries. Web4 years ( SG 7.1) 8 years as maximum (including period of provisional measure and any extension thereof) ( SG 7.3) extension ( SG 7.2) provisional measures ( SG 6) and ( SG 6 and SG 7) extension of measure ( SG 7.1-7.3) developing country Members and ( SG 9.2) modifications reducing restrictiveness ( SG 7.4)
WebExport subsidies and import substitution subsidies are automatically deemed to be “specific.” Domestic subsidies may be either de jure (in law) or de facto (in fact) specific. … WebThe Concept of Subsidy Specificity The WTO s Agreement on Subsidies and Counter vailing Measures (SCM) defines specific subsidies as subsidies meeting one of three conditions: …
WebSpecificity, objective requirements and discretionality. According to Article 2.1 (b) of the SCM, there is no specificity if the granting authority or the legislation establishes objective …
WebBoth EC law and WTO law require that a State aid and a subsidy be specific inasmuch as it should confer an advantage only on certain economic subjects. Article 87 of the EC provides that State aid should distort competition by favouring certain undertakings or the production of certain goods. how to make sofa slipcoversWeba subsidy will give rise to indications of specificity and non-specificity as a result of the application of Article 2.1(a) and (b). This is because Article 2.1(a) identifies … mt vernon tx lawn serviceWebIn determining the existence of a subsidy, it is necessary to demonstrate that there has been a financial contribution by a government or a public body within the territory of a country, or that there has been some form of income or price support within the meaning of Article XVI of the GATT 1994, and that a benefit has thereby been conferred on … mt vernon tx football