ID: |
TARP-084 |
Title: |
Brazil – Export Financing Program for Aircraft – AB-1999-1 |
Source: |
http://www.wto.org, http://www.dfait-maeci.gc.ca/tna-nac/dispute-en.asp#panel |
Parties: |
Complaint: Canada; Respondent: Brazil |
Dispute Resolution Organ: |
Appellate Body of the WTP |
Year: |
1999 |
Pages: |
0 |
Author(s): |
|
Keywords: |
aircraft, Brazil, Canada, complaint, export, export subsidies, financing, SCM agreement |
Abstract: |
The Panel ruled that Brazil did not meet conditions that grant developing nations more time than developed nations to remove prohibited export subsidies such as PROEX. The harmful effects of PROEX have been most evident in the aerospace sector. Under the program, foreign purchasers of Brazilian exports benefit from payments that reduce financing costs to levels that undercut the market. |
Secured: |
False |
Download Article: |
4054d.doc |
Keywords: aircraft, Brazil, Canada, complaint, export subsidies, export/exporters, finance/financing, SCM agreement