Categories Of Scm Agreement

with No Comments

Parts VI and VII define the institutional structure and modalities for reporting/monitoring the implementation of the SCM Convention. For example, some subsidies related to privatization programmes of member States of developing countries cannot be implemented multilaterally. As regards countervailing measures, exporters from Member States of developing countries are entitled to more favourable treatment when investigations are concluded when subsidies or the volume of imports are low. The WTO Agreement on Subsidies and Countervailing Measures disciplines the use of subsidies and regulates the measures that countries can take to counter the effects of subsidies. Under the agreement, a country may use the WTO dispute settlement procedure to request the withdrawal of the subsidy or the elimination of its adverse effects. . . .