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"Fossil fuel subsidies under the existing WTO framework" [2019] ELECD 2065; in Rive, J.C. Vernon (ed), "Fossil Fuel Subsidy Reform" (Edward Elgar Publishing, 2019) 104

Book Title: Fossil Fuel Subsidy Reform

Editor(s): Rive, J.C. Vernon

Publisher: Edward Elgar Publishing

Section: Chapter 5

Section Title: Fossil fuel subsidies under the existing WTO framework

Number of pages: 39

Abstract/Description:

The chapter assesses the existing General Agreement on Tariffs and Trade /WTO framework with particular focus on the Agreement on Subsidies and Countervailing Measures, subsidy notification processes, the Trade Policy Review Mechanism. It includes a table of the likely legal arguments a complainant would make in a WTO dispute on fossil fuel subsidies. The chapter commences with a high-level historical overview of opportunities within the pre-WTO GATT framework for addressing subsidies before undertaking a detailed critique of subsidy oversight and control under the ASCM. Key WTO transparency mechanisms are considered, including subsidy notification obligations and processes, and the Trade Policy Review Mechanism.


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