WTO Agreement on Subsidies and Countervailing Measures (SCM Agreement)

HEADLINE: Lack of global rules led to arbitrary countervailing duties and trade disputes.

Key Obligations

Disciplines on subsidies, countervailing duty procedures

Penalty Ranges

Countervailing duties, WTO dispute resolution

Mandatory Deadline: In force since 1995

Affected HS Codes: All chapters

Issuing Authority: World Trade Organization (WTO)