Trade Fairs: Internet

(asked on 4th November 2020) - View Source

Question to the Department for International Trade:

To ask the Secretary of State for International Trade, whether WTO rules permit subsidies being paid to businesses taking part in online trade shows.


Answered by
Greg Hands Portrait
Greg Hands
Minister of State (Department for Business and Trade)
This question was answered on 9th November 2020

The WTO Agreement on Subsidies and Countervailing Measures (ASCM)?applies to trade in goods only and prohibits two types of subsidies – those contingent on export performance,?and those contingent on the use of domestic over imported goods.?All other subsidies may be permitted, but if another WTO member can show that they have caused adverse trade effects, they can raise a dispute with the WTO dispute settlement body and seek removal of the subsidy or impose countervailing duties.

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