SCM Agreement definition

SCM Agreement means the Agreement on Subsidies and Countervailing Measures, contained in Annex 1A to the WTO Agreement; service supplier means a person that supplies or seeks to supply a service;

Examples of SCM Agreement in a sentence

  • The US contended that this measure constitutes an export subsidy and as such violates Article 3 of the SCM Agreement.

  • At its 23 September 2005 meeting, the DSB initiated the procedures provided in Annex V of the SCM Agreement.

  • The Parties agree that anti-dumping and countervailing measures should be used in full compliance with the requirements of the Anti-Dumping Agreement and the SCM Agreement, respectively, and should be based on a fair and transparent system.

  • In proceedings under Parts II, III and V of the SCM Agreement, when addressing subsidies described in Articles 14(a), 14(b), 14(c) and 14(d), relevant provisions of the SCM Agreement shall apply; however, if there are special difficulties in that application, the importing WTO Member may then use methodologies for identifying and measuring the subsidy benefit which take into account the possibility that prevailing terms and conditions in China may not always be available as appropriate benchmarks.

  • WTO member countries are required to notify the WTO of specific subsidies, in accordance with Article 25 of the Agreement on Subsidies and Countervailing Measures (SCM Agreement).


More Definitions of SCM Agreement

SCM Agreement means the Agreement on Subsides and Countervailing Measures, contained in Annex 1A to the WTO Agreement; subheading means the first six digits in the tariff classification number under the HS; territory1 means:
SCM Agreement means the Agreement on Subsidies and Countervailing Measures in Annex 1A to the WTO Agreement; small and medium enterprise means any small and medium enterprise, including any micro enterprise, and may be further defined, where applicable, in accordance with the respective laws, regulations, or national policies of each Party; SPS Agreement means the Agreement on the Application of Sanitary and Phytosanitary Measures in Annex 1A to the WTO Agreement;
SCM Agreement means the Agreement on Subsidies and Countervailing Measures, which is part of the WTO Agreement; 2 Korea shall not apply such measure to the liberalized products under this Agreement. For greater certainty, the liberalized products means the tariff lines of which base rates are zero or those that are duty-free after phase-out period according to its Schedule to Annex 2-A (Reduction or Elimination of Customs Duties).
SCM Agreement means the WTO Agreement on Subsidies and Countervailing Measures. “Secretariat” means the Secretariat of the World Trade Organization.