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2021-03-07
Compare Subsidize Notification Feature
The Compare Subsidize Notification feature helps you stay informed about available subsidies. By comparing different options, you can make better financial decisions. This tool offers clear insights into various subsidies, ensuring you choose the best one for your needs.
Key Features
Comprehensive comparison of subsidy options
Real-time notifications on new and updated subsidies
User-friendly interface for easy navigation
Customizable alerts based on your preferences
Secure data management for your information
Use Cases and Benefits
Identify the most suitable subsidies for your projects
Receive timely updates to avoid missing opportunities
Simplify the decision-making process regarding fiscal aid
Enhance your budget planning with accurate subsidy data
Improve your funding strategy by comparing multiple subsidies
This feature addresses the challenge of finding the right subsidies efficiently. By comparing choices side by side, you save valuable time and resources. Ultimately, the Compare Subsidize Notification feature empowers you to make informed decisions, optimizing your financial outcomes.
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What is Subsidies and Countervailing Measures?
Agreement on Subsidies and Countervailing Measures (SCM Agreement) Multilateral disciplines are the rules regarding whether a subsidy may be provided by a Member. They are enforced through invocation of the WTO dispute settlement mechanism.
What are prohibited subsidies?
Prohibited subsidies: subsidies that require recipients to meet certain export targets, or to use domestic goods instead of imported goods. They are prohibited because they are specifically designed to distort international trade, and are therefore likely to hurt other countries' trade.
What are actionable subsidies?
actionable subsidy. Bounty, grant, or subvention enjoyed by the exporters of a country that may be challenged by an importing country if it injures its domestic industry.
Are subsidies illegal?
Subsidy. Subsidies come in various forms including: direct (cash grants, interest-free loans) and indirect (tax breaks, insurance, low-interest loans, accelerated depreciation, rent rebates). Furthermore, they can be broad or narrow, legal or illegal, ethical or unethical.
Are subsidies allowed under WTO rules?
A subsidy granted by a WTO member government is prohibited by the Subsidies Agreement if it is contingent, in law or in fact, on export performance, or on the use of domestic over imported goods. (Special rules apply to agricultural subsidies under the WTO Agreement on Agriculture.)
Why are subsidies unfair?
Anti-subsidy. Some subsidies are used to pursue domestic or social policies, for example supporting industries that help create new jobs. However, unfair subsidies can distort the EU market, create unfair competition and therefore damage European industry.
What do you mean by countervailing duty?
Countervailing duty (CVD) is an additional import duty imposed on imported products (by the importing country) when such products enjoy benefits like export subsidies and tax concessions in the country of their origin (i.e., where it is produced and exported).
What is antidumping and countervailing duty?
Anti-dumping (AD) and countervailing duties (CVD) are intended to protect the U.S. manufacturing industry from foreign manufacturers. Manufacturers or companies can file petitions to these two bodies if they find a foreign manufacturer selling under fair market value or a foreign government subsidizing manufacturers.
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