19 USC 3572 - Review of Subsidies Agreement

U.S Code last checked for updates: Nov 22, 2024

§ 3572.

Review of Subsidies Agreement

(a)

General objectives

The general objectives of the United States under this subchapter are—

(1)

to ensure that parts II and III of the Agreement on Subsidies and Countervailing Measures referred to in section 3511(d)(12) of this title (hereafter in this section referred to as the “Subsidies Agreement”) are effective in disciplining the use of subsidies and in remedying the adverse effects of subsidies, and

(2)

to ensure that part IV of the Subsidies Agreement does not undermine the benefits derived from any other part of that Agreement.

(b)

Specific objective

(c)

Sunset of noncountervailable subsidies provisions

(1)

In general

Subparagraphs (B), (C), (D), and (E) of section 1677(5B) of this title shall cease to apply as provided in subparagraph (G)(i) of such section, unless, before the date referred to in such subparagraph (G)(i)—

(A)

the Subsidies Committee determines to extend Articles 6.1, 8, and 9 of the Subsidies Agreement as in effect on the date on which the Subsidies Agreement enters into force or in a modified form, in accordance with Article 31 of such Agreement,

(B)

the President consults with the Congress in accordance with paragraph (2), and

(C)

an implementing bill is submitted and enacted into law in accordance with paragraphs (3) and (4).1

 See Codification note below.

(2)

Consultation with Congress before Subsidies Committee agrees to extend

(3)

Implementation of extension

(A)

Notification and submission

Any extension of subparagraphs (B), (C), (D), and (E) of section 1677(5B) of this title shall take effect if (and only if)—

(i)

after the Subsidies Committee determines to extend Articles 6.1, 8, and 9 of the Subsidies Agreement, the President submits to the committees referred to in paragraph (2) a copy of the document describing the terms of such extension, together with—

(I)

a draft of an implementing bill,

(II)

a statement of any administrative action proposed to implement the extension, and

(III)

the supporting information described in subparagraph (C); and

(ii)

the implementing bill is enacted into law.

(B)

Implementing bill

(C)

Supporting information

The supporting information required under subparagraph (A)(i)(III) consists of—

(i)

an explanation as to how the implementing bill and proposed administrative action will change or affect existing law; and

(ii)

a statement regarding—

(I)

how the extension serves the interests of United States commerce, and

(II)

why the implementing bill and proposed administrative action is required or appropriate to carry out the extension.

(4)

Omitted

(5)

Report by the Trade Representative

(d)

Review of operation of Subsidies Agreement

The Secretary of Commerce, in consultation with other appropriate departments and agencies of the Federal Government, shall undertake an ongoing review of the operation of the Subsidies Agreement. The review shall address—

(1)

the effectiveness of part II of the Subsidies Agreement in disciplining the use of subsidies which are prohibited under Article 3 of the Agreement,

(2)

the effectiveness of part III and, in particular, Article 6.1 of the Subsidies Agreement, in remedying the adverse effects of subsidies which are actionable under the Agreement, and

(3)

the extent to which the provisions of part IV of the Subsidies Agreement may have undermined the benefits derived from other parts of the Agreement, and, in particular—

(A)

the extent to which WTO member countries have cooperated in reviewing and improving the operation of part IV of the Subsidies Agreement,

(B)

the extent to which the provisions of Articles 8.4 and 8.5 of the Subsidies Agreement have been effective in identifying and remedying violations of the conditions and criteria described in Article 8.2 of the Agreement, and

(C)

the extent to which the provisions of Article 9 of the Subsidies Agreement have been effective in remedying the serious adverse effects of subsidy programs described in Article 8.2 of the Agreement.

Not later than 4 years and 6 months after December 8, 1994, the Secretary of Commerce shall submit to the Congress a report on the review required under this subsection.

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cite as: 19 USC 3572