Actionable subsidies
Actionable subsidies: a category of subsidies described in the WTO Agreement on Subsidies and Countervailing Measures. Subsidies may be actionable, and therefore illegal, if they cause injury to the domestic industry of another member, negate other commitments made domestic industry of another member, negate other commitments made under the GATT, or cause serious prejudice to the interests of another member. If such adverse effects exist, the country maintaining the subsidy must withdraw it or remove its adverse effects. See also countervailing duties, non-actionable subsidies, prohibited subsidies and subsidies.
Source: http://ctrc.sice.oas.org/trc/WTO/Documents/Dictionary%20of%20trade%20%20policy%20terms.pdf
Web site to visit: http://ctrc.sice.oas.org
Author of the text: W. Goode
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