The problem of subsidies and countervailing measures
became the intense subject of negotiations in the WTO on account of their rampant use in international trade since the birth of GATT in 1947. The use of subsidies in industry and agriculture in 1980s was resorted to by the governments under the influence of political and social pressures embarking on massive financial commitments.
- Countervailing Measures
- Countervailing Duties
- Contracting Parties
- Uruguay Round
- Subsidies Code
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