...increases. Part II Article 11, Subsidies other than export subsidies 2.2.11(1-2) Text, paragraphs 1-2 1. Signatories recognize that subsidies other than...desirable. Signatories note that among such objectives are: • the elimination of industrial, economic and social -disadvantages of specific regions; - to facilitate...

...for The -rrccoticn of social and accnocic policy objectives and do act Lntend to restrict the ri^ht of signatories to use such subsidies to achieve these...objectives which they consider desirable. Signatories cote that ancn.s such objectives are: - the elimination of industrial, a'conczic and social disadvantages...

...approved through the Trade Agreements Act of 1979, specifically states that the United States and other signatories: Recognize that subsidies other than export...important policy objectives which they consider desirable. Under Article 14 of the Code, moreover, the United States and other signatories specifically recognized...

...important instruments for the promotion of social and economic policy objectives and do not intend to miner the right of signatories to use such subsidies to achieve these and other important policy obfccuvcs which they consider desirable. Signatories note that among such objective* arc: ui the eturanaoon...

...avoiding the adverse effects of such subsidies on foreign industries. Thus, according to the Code, Signatories recognize that subsidies other than export...achieve these and other important policy objectives ... Signatories recognize, however, that subsidies other than export subsidies ... may cause or threaten...

...and policy objectives (such as assistance to depressed regions); the Subsidies Code was not intended "to restrict the right of signatories to use such...achieve these and other important policy objectives" (Article 11). However, when using such domestic subsidies, countries are to seek to avoid causing damage...

...manner which results in prices materially below those of other suppliers to the same market. Article 1 1 Subsidies Other than Export Subsidies 1. Signatories...industrial, economic and social disadvantages of specific regions, (b) to facilitate the restructuring, under socially acceptable conditions, of certain sectors,...

...the intent of the GATT, no similar statement is made regarding domestic subsidies. On the contrary, "Signatories recognize that subsidies other than export...other important policy objectives which they consider desirable."18 Moreover, the code notes that "it is desirable [though not required] that the imposition...

...General Agreement, Section B, paragraph 2, with the deletion of the words 'or any mineral'. Aritele il and ultimately eliminate, in accordance wi policy1 objectives which they consider desirable. Signatories note that among such objectives arc:...

..."are widely used for the promotion of social and economic policy objectives," and that the code did not "intend to restrict the right of signatories to...policy objectives which they consider desirable." On the other hand, the language of the article recognized that the use of subsidies "may cause or threaten...