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Analysis Of The Foreign Subsidies Regulation From An International Trade Law Perspective On Trade In Goods

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Analysis Of The Foreign Subsidies Regulation From An International Trade Law Perspective On Trade In Goods


Global Trade and Customs Journal
Volume 18, Issue 10 (2023) pp. 380 – 383

https://doi.org/10.54648/gtcj2023048



Abstract

The Foreign Subsidies Regulation contains provisions enabling the Commission to launch ex officio investigations into foreign subsidies distorting the internal market. The legislation is designed to be complementary to existing anti-subsiding rules and follows a logic that is reminiscent of the European competition law. This article discusses its applicability in the field of trade in goods and the risks of inconsistency with the World Trade Organization (WTO) Agreement on Subsidies and Countervailing Measures (SCM).


Keywords

Foreign Subsidies Regulation, Foreign subsidies, Industrial subsidies, Basic anti-subsidy regulation, World Trade Organization, Agreement on Subsidies and Countervailing Measures, Multilateralism, Trade


Extract




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