Agreement on Interpretation and Application of Articles VI, XVI and XXIII of the General Agreement on Tariffs and Trade

E322538

The Agreement on Interpretation and Application of Articles VI, XVI and XXIII of the General Agreement on Tariffs and Trade, often called the Subsidies Code, was a GATT-era multilateral treaty that clarified and disciplined the use of subsidies and countervailing measures in international trade before the establishment of the WTO.

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Statements (43)

Predicate Object
instanceOf GATT agreement
international trade agreement
multilateral treaty
adoptedUnder General Agreement on Tariffs and Trade 1947
aimsTo ensure due process in countervailing duty investigations
prevent trade distortions caused by subsidies
alsoKnownAs GATT Subsidies Code
appliesTo signatory contracting parties of the GATT
basedOn Article VI of the General Agreement on Tariffs and Trade
Article XVI of the General Agreement on Tariffs and Trade
Article XXIII of the General Agreement on Tariffs and Trade
category subsidies and countervailing measures agreement
clarifies conditions for application of countervailing measures under GATT Article VI
disciplines on export subsidies under GATT Article XVI
procedures for dispute settlement under GATT Article XXIII in subsidy cases
concerns trade in goods
field international economic law
trade remedies
geographicalScope multilateral
governingBody GATT Council of Representatives
historicalPeriod GATT era before the establishment of the World Trade Organization
language English
French
Spanish
legalFramework General Agreement on Tariffs and Trade
legalNature binding treaty for its signatories
legalStatus plurilateral agreement under the GATT
legalSystem public international law
negotiationRound Tokyo Round
predecessorOf WTO Agreement on Subsidies and Countervailing Measures
purpose to clarify the interpretation of GATT rules on subsidies and countervailing duties
to discipline the use of countervailing measures
to discipline the use of subsidies in international trade
regulates imposition of countervailing duties
use of subsidies by governments
relatedTo Tokyo Round of multilateral trade negotiations
World Trade Organization
replacedBy Agreement on Subsidies and Countervailing Measures
shortName Subsidies Code
subjectMatter countervailing measures
dispute settlement under GATT
subsidies in international trade
supersededBy World Trade Organization Agreement on Subsidies and Countervailing Measures

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Referenced by (12)

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Subsidies and Countervailing Measures Code basedOn Article XVI of the General Agreement on Tariffs and Trade
linked to: Agreement on Interpretation and Application of Articles VI, XVI and XXIII of the General Agreement on Tariffs and Trade
Subsidies and Countervailing Measures Code relatedTo Agreement on Interpretation and Application of Articles VI, XVI and XXIII of the General Agreement on Tariffs and Trade
WTO panels appliesLaw Agreement on Subsidies and Countervailing Measures
linked to: Agreement on Interpretation and Application of Articles VI, XVI and XXIII of the General Agreement on Tariffs and Trade
WTO agreements include Agreement on Subsidies and Countervailing Measures
linked to: Agreement on Interpretation and Application of Articles VI, XVI and XXIII of the General Agreement on Tariffs and Trade
Committee on Subsidies and Countervailing Measures monitorsImplementationOf Agreement on Subsidies and Countervailing Measures
linked to: Agreement on Interpretation and Application of Articles VI, XVI and XXIII of the General Agreement on Tariffs and Trade
Committee on Subsidies and Countervailing Measures establishedBy Agreement on Subsidies and Countervailing Measures
linked to: Agreement on Interpretation and Application of Articles VI, XVI and XXIII of the General Agreement on Tariffs and Trade
Uruguay Round Agreements Act implements Agreement on Subsidies and Countervailing Measures
linked to: Agreement on Interpretation and Application of Articles VI, XVI and XXIII of the General Agreement on Tariffs and Trade
Tokyo Round of Multilateral Trade Negotiations resultedIn Agreement on Subsidies and Countervailing Measures
linked to: Agreement on Interpretation and Application of Articles VI, XVI and XXIII of the General Agreement on Tariffs and Trade
United States – Tax Treatment for “Foreign Sales Corporations” agreementInvoked Agreement on Subsidies and Countervailing Measures
linked to: Agreement on Interpretation and Application of Articles VI, XVI and XXIII of the General Agreement on Tariffs and Trade
China – Measures Affecting Imports of Automobile Parts allegedInconsistencyWith Agreement on Subsidies and Countervailing Measures
linked to: Agreement on Interpretation and Application of Articles VI, XVI and XXIII of the General Agreement on Tariffs and Trade
AoA relatedTo Agreement on Subsidies and Countervailing Measures
linked to: Agreement on Interpretation and Application of Articles VI, XVI and XXIII of the General Agreement on Tariffs and Trade
SCM Committee legalBasis Agreement on Subsidies and Countervailing Measures
linked to: Agreement on Interpretation and Application of Articles VI, XVI and XXIII of the General Agreement on Tariffs and Trade