Title English:
anti-subsidy duties
Synonym English:
Countervailing duties
Definition English:
Countervailing duties (CVDs), also known as anti-subsidy duties, are trade import duties imposed under World Trade Organization (WTO) rules to neutralize the negative effects of subsidies. They are imposed after an investigation finds that a foreign country subsidizes its exports, injuring domestic producers in the importing country. According to World Trade Organization rules, a country can launch its own investigation and decide to charge extra duties, provided such additional duties are in accordance with the GATT Article VI and the GATT Agreement on Subsidies and Countervailing Measures.
Title Arabic:
رسوم مناهضة للدعم المالي
Title French:
taxes contre la subvention
Domain:
Economic Development
Subject:
Trade Statistics
InformationType:
Term
SourceSymbol:
UNCTAD/RMT/2005
Link: