Subsidies and Countervailing Measures Code

E82270

GATT code multilateral trade agreement

The Subsidies and Countervailing Measures Code was a multilateral trade agreement under the GATT that set rules for the use of government subsidies and the application of countervailing duties to offset them.

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Observed surface forms (2)

Surface form	Occurrences
Agreement on Subsidies and Countervailing Measures	5
World Trade Organization Agreement on Subsidies and Countervailing Measures	1

Statements (42)

Predicate	Object
instanceOf	GATT code ⓘ multilateral trade agreement ⓘ
aimsTo	discipline trade-distorting subsidies ⓘ establish rules for countervailing duty investigations ⓘ
appliesTo	signatory GATT contracting parties ⓘ
basedOn	Agreement on Implementation of Article VI of GATT 1994 ⓘ surface form: Article VI of the General Agreement on Tariffs and Trade Agreement on Interpretation and Application of Articles VI, XVI and XXIII of the General Agreement on Tariffs and Trade ⓘ surface form: Article XVI of the General Agreement on Tariffs and Trade
ceasedToBeInForce	1995 ⓘ
characteristic	binding only on signatories ⓘ
concludedAt	Tokyo Round of Multilateral Trade Negotiations ⓘ surface form: Tokyo Round of GATT multilateral trade negotiations
defines	conditions for imposing countervailing duties ⓘ criteria for identifying subsidies ⓘ procedural rules for countervailing duty investigations ⓘ
enteredIntoForce	1979 ⓘ
field	international economic law ⓘ international trade law ⓘ
governingBody	GATT signatory governments ⓘ
hasProvision	notification obligations regarding subsidies ⓘ rules on evidence and procedures in countervailing investigations ⓘ rules on material injury determination ⓘ
historicalContext	predecessor to WTO subsidy disciplines ⓘ
inForceDuring	late 20th century ⓘ
language	English ⓘ French ⓘ Spanish ⓘ
legalFramework	General Agreement on Tariffs and Trade ⓘ surface form: GATT
legalStatus	plurilateral agreement under GATT ⓘ
negotiationRound	Tokyo Round ⓘ
objective	increase predictability in the use of subsidies ⓘ limit protectionist use of countervailing duties ⓘ
partOf	General Agreement on Tariffs and Trade ⓘ
regulates	application of countervailing duties ⓘ use of government subsidies in international trade ⓘ
relatedTo	Agreement on Interpretation and Application of Articles VI, XVI and XXIII of the General Agreement on Tariffs and Trade ⓘ
replacedBy	Subsidies and Countervailing Measures Code self-linksurface differs ⓘ surface form: Agreement on Subsidies and Countervailing Measures
scope	trade in goods ⓘ
shortName	SCM Code ⓘ
statusAfter1995	superseded by WTO agreements ⓘ
subject	countervailing duties ⓘ government subsidies ⓘ
succeededBy	Subsidies and Countervailing Measures Code self-linksurface differs ⓘ surface form: World Trade Organization Agreement on Subsidies and Countervailing Measures
typeOfMeasure	non-tariff trade rule ⓘ