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§ 3572. —  Review of Subsidies Agreement.



[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
  January 24, 2002 and December 19, 2002]
[CITE: 19USC3572]

 
                        TITLE 19--CUSTOMS DUTIES
 
               CHAPTER 22--URUGUAY ROUND TRADE AGREEMENTS
 
   SUBCHAPTER II--ENFORCEMENT OF UNITED STATES RIGHTS UNDER SUBSIDIES 
                                AGREEMENT
 
Sec. 3572. Review of Subsidies Agreement


(a) General objectives

    The general objectives of the United States under this subchapter 
are--
        (1) to ensure that parts II and III of the Agreement on 
    Subsidies and Countervailing Measures referred to in section 
    3511(d)(12) of this title (hereafter in this section referred to as 
    the ``Subsidies Agreement'') are effective in disciplining the use 
    of subsidies and in remedying the adverse effects of subsidies, and
        (2) to ensure that part IV of the Subsidies Agreement does not 
    undermine the benefits derived from any other part of that 
    Agreement.

(b) Specific objective

    The specific objective of the United States under this subchapter 
shall be to create a mechanism which will provide for an ongoing review 
of the operation of part IV of the Subsidies Agreement.

(c) Sunset of noncountervailable subsidies provisions

                           (1) In general

        Subparagraphs (B), (C), (D), and (E) of section 1677(5B) of this 
    title shall cease to apply as provided in subparagraph (G)(i) of 
    such section, unless, before the date referred to in such 
    subparagraph (G)(i)--
            (A) the Subsidies Committee determines to extend Articles 
        6.1, 8, and 9 of the Subsidies Agreement as in effect on the 
        date on which the Subsidies Agreement enters into force or in a 
        modified form, in accordance with Article 31 of such Agreement,
            (B) the President consults with the Congress in accordance 
        with paragraph (2), and
            (C) an implementing bill is submitted and enacted into law 
        in accordance with paragraphs (3) and (4).\1\
---------------------------------------------------------------------------
    \1\ See Codification note below.
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     (2) Consultation with Congress before Subsidies Committee 
                              agrees to extend

        Before a determination is made by the Subsidies Committee to 
    extend Articles 6.1, 8, and 9 of the Subsidies Agreement, the 
    President shall consult with the Committee on Ways and Means of the 
    House of Representatives and the Committee on Finance of the Senate 
    regarding such extension.

                   (3) Implementation of extension

        (A) Notification and submission

            Any extension of subparagraphs (B), (C), (D), and (E) of 
        section 1677(5B) of this title shall take effect if (and only 
        if)--
                (i) after the Subsidies Committee determines to extend 
            Articles 6.1, 8, and 9 of the Subsidies Agreement, the 
            President submits to the committees referred to in paragraph 
            (2) a copy of the document describing the terms of such 
            extension, together with--
                    (I) a draft of an implementing bill,
                    (II) a statement of any administrative action 
                proposed to implement the extension, and
                    (III) the supporting information described in 
                subparagraph (C); and

                (ii) the implementing bill is enacted into law.

        (B) Implementing bill

            The implementing bill referred to in subparagraph (A) shall 
        contain only those provisions that are necessary or appropriate 
        to implement an extension of the provisions of section 
        1677(5B)(B), (C), (D), and (E) of this title as in effect on the 
        day before the date of the enactment of the implementing bill or 
        as modified to reflect the determination of the Subsidies 
        Committee to extend Articles 6.1, 8, and 9 of the Subsidies 
        Agreement.

        (C) Supporting information

            The supporting information required under subparagraph 
        (A)(i)(III) consists of--
                (i) an explanation as to how the implementing bill and 
            proposed administrative action will change or affect 
            existing law; and
                (ii) a statement regarding--
                    (I) how the extension serves the interests of United 
                States commerce, and
                    (II) why the implementing bill and proposed 
                administrative action is required or appropriate to 
                carry out the extension.

                             (4) Omitted

               (5) Report by the Trade Representative

        Not later than the date referred to in section 1677(5B)(G)(i) of 
    this title, the Trade Representative shall submit to the Congress a 
    report setting forth the provisions of law which were enacted to 
    implement Articles 6.1, 8, and 9 of the Subsidies Agreement and 
    should be repealed or modified if such provisions are not extended.

(d) Review of operation of Subsidies Agreement

    The Secretary of Commerce, in consultation with other appropriate 
departments and agencies of the Federal Government, shall undertake an 
ongoing review of the operation of the Subsidies Agreement. The review 
shall address--
        (1) the effectiveness of part II of the Subsidies Agreement in 
    disciplining the use of subsidies which are prohibited under Article 
    3 of the Agreement,
        (2) the effectiveness of part III and, in particular, Article 
    6.1 of the Subsidies Agreement, in remedying the adverse effects of 
    subsidies which are actionable under the Agreement, and
        (3) the extent to which the provisions of part IV of the 
    Subsidies Agreement may have undermined the benefits derived from 
    other parts of the Agreement, and, in particular--
            (A) the extent to which WTO member countries have cooperated 
        in reviewing and improving the operation of part IV of the 
        Subsidies Agreement,
            (B) the extent to which the provisions of Articles 8.4 and 
        8.5 of the Subsidies Agreement have been effective in 
        identifying and remedying violations of the conditions and 
        criteria described in Article 8.2 of the Agreement, and
            (C) the extent to which the provisions of Article 9 of the 
        Subsidies Agreement have been effective in remedying the serious 
        adverse effects of subsidy programs described in Article 8.2 of 
        the Agreement.

Not later than 4 years and 6 months after December 8, 1994, the 
Secretary of Commerce shall submit to the Congress a report on the 
review required under this subsection.

(Pub. L. 103-465, title II, Sec. 282, Dec. 8, 1994, 108 Stat. 4927; Pub. 
L. 104-295, Sec. 20(b)(16), Oct. 11, 1996, 110 Stat. 3527.)

                          Codification

    Section is comprised of section 282 of Pub. L. 103-465. Subsec. 
(c)(4) of section 282 of Pub. L. 103-465 amended section 2191 of this 
title.


                               Amendments

    1996--Subsec. (d). Pub. L. 104-295 realigned margins.


               Uruguay Round Agreements: Entry Into Force

    The Uruguay Round Agreements, including the World Trade Organization 
Agreement and agreements annexed to that Agreement, as referred to in 
section 3511(d) of this title, entered into force with respect to the 
United States on Jan. 1, 1995. See note set out under section 3511 of 
this title.

                  Section Referred to in Other Sections

    This section is referred to in sections 1677, 2191 of this title.



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