Actionable Subsidies
Actionable subsidies in Global Commerce Policy
In this regard, actionable subsidies is: a category of subsidies described in the WTO Agreement on Subsidies and Countervailing Measures. Subsidies may be actionable, and therefore illegal, if they cause injury to the domestic industry of another member, negate other commitments made under the GATT, or cause serious prejudice to the interests of another member. The entries on trade policy are here. If such adverse effects exist, the country maintaining the subsidy must withdraw it or remove its adverse effects. See also countervailing duties, non-actionable subsidies, prohibited subsidies and subsidies.[1]
Actionable subsidiesin the wold Encyclopedia
For an introductory overview on international trade policy, see this entry.
Resources
Notes and References
- Dictionary of Trade Policy, “Actionable subsidies” entry (OAS)
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