7.9 If, within six months of the adoption of the Appellate Body or Appellate Body report, the Member has not taken appropriate measures to eliminate the adverse effects of the subsidy or withdraw the subsidy, and if there is no agreement on compensation, the DSD shall authorize the complaining Member to take countermeasures. are proportionate to the degree and nature of the adverse effects found, unless the DSB mutually agrees to reject the application. The WTO Agreement on Subsidies and Countervailing Measures disciplines the use of subsidies and regulates the measures that countries can take to counter the effects of subsidies. Under the agreement, a country may use the WTO dispute settlement procedure to request the withdrawal of the subsidy or the elimination of its injurious effects. Or the country may initiate its own investigation and ultimately impose additional duties (countervailing duty) on imports that are subject to injurious subsidies to domestic producers. (c) support for the adaptation of existing installations (33) to new environmental requirements imposed by laws and/or regulations which entail greater constraints and financial burdens on enterprises, provided that support is granted: subsidies In accordance with Article 25 of the Subsidies Agreement, Members must declare all specific subsidies (at all levels of the State and for all product sectors); including agriculture) to the SCM Committee. New and complete notifications are due every three years, with update notifications in the follow-up years. Notifications shall be subject to in-depth review and discussion by the SCM Committee. (b) subsidies which are subject to the use of domestic products in relation to imported products, alone or as one of the other conditions. The concept of financial contribution was only incorporated into the SCM agreement after lengthy negotiations.

Some Members have argued that there can be no subsidies unless there is a charge on the public account. Other members were of the view that forms of State intervention, which would not entail costs to the Government, should nevertheless distort competition and thus be considered as subsidies. The SCM agreement essentially followed the previous approach. The agreement requires a financial contribution and contains a list of the types of measures constituting a financial contribution, for example.B. Grants, loans, equity contributions, loan guarantees, tax incentives, supply of goods or services, purchase of goods. All new and complete subsidy declarations for 1995 are filed in the G/SCM/N/3/ series of documents. the notifying member being identified by its three-letter iso-country code, while the 1996 and 1997 update reports can be found in document series G/SCM/N/16/16/. and G/SCM/N/25 respectively. In addition, there may be corrections, revisions and additions to a given notification, so that a full notification may contain multiple documents. For example, Argentina`s new and complete 1995 grant statement is contained in document G/SCM/N/3/ARG (arg being the three-letter ISO country code for Argentina), supplemented by document G/SCM/N/3/ARG/Suppl.1.

New full subsidy declarations for 1998 are available in the G/SCM/N/38/ series. The update reports for 1999 and 2000 are available in the document series G/SCM/N/48/ and G/SCM/N/60/. In May 2001, the Committee on Subsidies and Countervailing Measures reviewed the frequency of subsidy notifications and considered that members felt that their resources could be put to the best use by giving maximum priority to the submission of new full notifications every two years and by placing less emphasis on the review of annual update reports. The new full notifications for 2001 have been circulated in the G/SCM/N/71/ series. The new and complete notifications for 2003 have been circulated in the G/SCM/N/95 series. . . .