Export Subsidy Sample Clauses
An Export Subsidy clause defines the terms under which a party may receive financial support or incentives for exporting goods or services. Typically, this clause outlines eligibility criteria, the types of subsidies available (such as tax rebates or direct payments), and the procedures for claiming such benefits. Its core function is to encourage and facilitate international trade by offsetting some of the costs associated with exporting, thereby making a company's products more competitive in foreign markets.
Export Subsidy. Neither Country shall in accordance with the Agreement on Agriculture introduce or maintain any export subsidies on any agricultural good which is listed in Annex 1 to the Agreement on Agriculture.
Export Subsidy. An export subsidy is a subsidy that is, in law or in fact, contingent upon export per- formance, alone or as 1 of 2 or more condi- tions.
Export Subsidy. The AoA defined export subsides that were to be reduced; direct subsides, government sales from stocks at prices below domestic prices, export payments financed by obligatory levies, subsidized export marketing costs and special domestic transport charges. In the area of export subsidy, subsidies were subject to reduction commitment. The export subsidy commitment is either in the form of budgetary outlays reduction commitments or in the form of export quantity reduction commitments. Although several kinds of direct payments were exempted, in the case of developed counties over implementation period of six years, direct export subsidies are to be reduced by 36 per cent of the base year 1986-88. In the case of developing countries, commitment involves a reduction of direct export subsidies by 24 per cent. The least developed countries are, however, not subject to any reduction commitment. The quantity of subsidized export by the developed countries is to be reduced by 21 per cent over the implementation period of six years and by 14 per cent in the case of developing countries. Reductions were to be product specific. Countries not using export subsidies during 1986-90 were prohibited from introducing them.