The Agreement on Subsidies and Countervailing Measures (“ASCM” or “Agreement”) sets out and extends subsidies and countervailing duties to Articles VI and XVI of the 1994 General Agreement on Tariffs and Trade (“GATT 1994”). It contains disciplines both on the use of trade-distorting subsidies and on the application of countervailing duties by the various WTO members, which aim to offset the effects of subsidies. This chapter provides a detailed overview of the rights and obligations identified by ASCM and their interaction with other parts of the WTO agreement. He will briefly discuss the history of grants and compensatory measures since the introduction of the GATT in 1947 and then discuss in detail any provisions of the ASCM. A separate chapter of this book (Chapter 17) deals with findings of prejudice in the context of anti-dumping and countervailing investigations under the ASCM and the agreement on the implementation of Article VI of the 1994 General Agreement on Tariffs and Trade, also known as the Anti-Dumping Agreement or ADA. The growth of international trade has led to a complex and increasingly broad primary law, including international treaties and agreements, national legislation and trade dispute settlement jurisprudence. This research guide focuses primarily on the multilateral trading system managed by the World Trade Organization. It also contains information on regional and bilateral trade agreements, including those involving the United States. Texts from other agreements are available on the WTO texts website. In addition, the following means may be useful: the WTO agreement on subsidies and countervailing measures disciplines the use of subsidies and regulates the measures that countries can take to combat the effects of subsidies. The agreement allows a country to use the stock market fund dispute settlement procedure to request the withdrawal of the subsidy or the elimination of its adverse effects. Or the country can open its own investigation and ultimately impose additional duties (countervailing duties) on subsidized imports, which harms domestic producers. The Doha implementation decision, the 2001 ministers` decisions on the difficulties faced by developing countries in implementing the current WTO agreement on subsidies and countervailing measures.
Introducing subsidies and countervailing measures in the WTO Links to subsidies and countervailing measures Section of the WTO`s “Understanding the WTO” Guide. If you know the missing items that are using them, you can help us create those links by adding the corresponding references in the same way as above for each reference item. If you are a registered author of this article, you can also check the “Quotes” tab in your RePEc Author service profile, as some quotes may wait for confirmation. Some of the most frequently cited agreements are listed below, with corresponding quotes: If you have written this article and are not yet registered with RePEc, we advise you to do so here. This way, you can link your profile to this item. It also allows you to accept possible quotes on this article of which we are not sure. The Doha mandate section on subsidies and countervailing measures in the Doha Ministerial Declaration See also: > Negotiations on the Settlement > Fisheries Subsidies The comprehensive negotiations under the Doha Development Agenda are taking place within the Rules negotiating group.