UNCTAD – WTO – Subsidies and Countervailing Measures

ID:	ITIT-009
Title:	UNCTAD – WTO – Subsidies and Countervailing Measures
Source:	United Nations / UNCTAD
Parties:
Dispute Resolution Organ:
Year:	2003
Pages:	43
Author(s):	Edwin Vermulst
Keywords:	developing countries, dispute settlement, materail injury, serious prejudice, subsidies, trade, WTO
Abstract:	The WTO Agreement on Subsidies and Countervailing Measures [hereinafter: ASCM] sets out the remedies, which WTO Members have against injurious subsidization and the procedures, which they must follow. It provides detailed rules on the concepts of subsidization, actionable subsidies and material injury/ serious prejudice. It contains many procedural provisions that WTO Members, wishing to take countervailing duty action (the unilateral track), must comply with. It also provides provisions for attacking certain subsidies in the WTO (the multilateral track). This Modulevolume gives an overview of the ASCM, as Panels and the Appellate Body have interpreted it over the last six years. It will reviews both substantive and procedural rules. Since the entry into force of the ASCM in 1995, 13 WTO Panel reports have been issued interpreting ASCM provisions, eight of which were appealed. These Panel and Appellate Body reports offer crucial interpretations of key provisions of the Agreement. Panel and Appellate Body findings form an important element of this volume and will be discussed in tandem with the relevant provisions.
Secured:	False
Download Article:	edmmisc232add15_en.pdf