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Subsidies (Article XVI)

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Abstract

If any contracting party grants or maintains any subsidy, including any form of income or price support, which operates directly or indirectly to increase exports of any product from, or to reduce imports of any product into, its territory, it shall notify the CONTRACTING PARTIES in writing of the extent and nature of the, of the estimated effect of the subsidisation on the quantity of the affected product or products imported into or exported from its territory and of the circumstances making the subsidisation necessary. In any case in which it is determined that serious prejudice to the interests of any other contracting party is caused or threatened by any such subsidisation, the contracting party granting the subsidy shall, upon request, discuss with the other contracting party or parties concerned, or with the CONTRACTING PARTIES, the possibility of limiting the subsidisation.

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Notes

  1. 1.

    L/1160, Adopted on 24 May 1960, 9S/188, 191, para. 11.

  2. 2.

    L/1160, Adopted on 24 May 1960, 9S/188, 191, para. 11.

  3. 3.

    L/924, Adopted on 21 November 1958, 7S/46, 50–52, paras. 8–14. The 1958 Panel Report on “French Assistance to Export of Wheat and Wheat Flour concluded that the operation of the French system of price support which involved a tax on exporters to partially defray losses in the world market amounted to subsidy, L/924 Adopted on 02 Nov 1958. 7S/46, 50–52 paras. 8–14.

  4. 4.

    Committee on Subsidies and Countervailing Measures, SCM/M/11-13.16.

  5. 5.

    EPCT/127, p. 1.

  6. 6.

    Havana Report, p. 107, para. 11–12; see also Panel Report on “United States Tax legislation, (DISC), L/3851, Adopted on 08 December 1981, 23S/98, 114, para. 77.

  7. 7.

    L/3464, Adopted on 02 December 1970, 18S/97, 100, para. 10.

  8. 8.

    GATT/CP.2/22/Rev. I, Adopted on 02 September 1948, II/39.44.

  9. 9.

    L/1160 Adopted on 24 May 1960, 9S/188, 191, para. 10.

  10. 10.

    Procedures for Notification and Reviews were adopted by GATT, in the year 1962 and updated in January 1994. 11/S/58 and L/7375 of 11 January 1994.

  11. 11.

    Panel Report on ‘European Communities—Refunds of Exports of Sugar, L/4833 Adopted on 6 November 1979, 26S/290, 319, paras, (g) and (h) and European Communities—Refund of Export of Sugar, L/ 5011, Adopted on 10 November 1980, 27S/69, 97.

  12. 12.

    /334, Adopted on 03 March 1955, 3S/222, 226, para. 18.

  13. 13.

    L/924, Adopted on 21 November 1958, 7S/46, 52, para. 15.

  14. 14.

    L/2925, Adopted on 22 November 1967, 15S/116, 122, para. 21–22.

  15. 15.

    L/4833, Adopted on 6 November 1979, 26S/290, 307, para. 4.9.

  16. 16.

    L/5011, Adopted on 10 November 1980, 27S/69, 88 para. 4.6.

  17. 17.

    26S/56, 80–83.

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Koul, A.K. (2018). Subsidies (Article XVI). In: Guide to the WTO and GATT. Springer, Singapore. https://doi.org/10.1007/978-981-13-2089-7_13

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  • DOI: https://doi.org/10.1007/978-981-13-2089-7_13

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