What Regulation (EU) 2016/1037 of the European Parliament and of the Council of 8 June 2016 on protection against subsidised imports from countries not members of the European Union requires
This Regulation allows the EU to impose countervailing duties on subsidised imports that cause injury to the Union industry. A countervailable subsidy exists where there is a financial contribution by a government conferring a benefit that is specific to certain enterprises under Articles 3 and 4. Following a complaint and investigation, the subsidy amount is calculated per unit under Articles 5 to 7, injury is determined under Article 8, and provisional and definitive countervailing duties may be imposed subject to the Union interest test and a five-year expiry review.
Pillar: Trade Compliance & Export Controls · Authority: European Parliament and Council of the European Union · Version: 1.0.0 · Last updated:
Primary source: https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A32016R1037
SHA-256 integrity: 28b8dc120da2c2cfdae253c147ebc93a0a8142743dd4ee4ce7db0a1ee4793b3c
Primary Citations — 5 traced to source
- Regulation (EU) 2016/1037, Article 3 - Definition of a subsidy as a financial contribution by a government conferring a benefit
- Regulation (EU) 2016/1037, Article 4 - Countervailable subsidies must be specific to certain enterprises or industries
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