WTO – WINE SUBSIDIES
November 1st, 2004
BY KEITH NUTHALL
THE USA and Australia have been challenging the European Union's (EU) classification of its wine production subsidies as 'green box' measures under World Trade Organisation (WTO) rules as having no significant effect and hence being unlimited. The New World producers say these payments do distort the market and so should be considered 'amber box' measures, subject to limits.
THE USA and Australia have been challenging the European Union's (EU) classification of its wine production subsidies as 'green box' measures under World Trade Organisation (WTO) rules as having no significant effect and hence being unlimited. The New World producers say these payments do distort the market and so should be considered 'amber box' measures, subject to limits.
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