MCI or­gan­is­ing work­shop on lo­cal sub­si­dies and coun­ter­vail­ing mea­sures of WTO

Gulf Times Business - - BUSINESS -

The Min­istry of Com­merce and In­dus­try (MCI) is or­gan­is­ing a work­shop on lo­cal sub­si­dies and the World Trade Or­gan­i­sa­tion’s (WTO) coun­ter­vail­ing mea­sures as part of strat­egy to em­power the lo­cal tal­ents re­gard­ing this.

This comes as part of the min­istry’s ef­forts to build the tech­ni­cal ca­pac­i­ties of the em­ploy­ees spe­cialised in WTO agree­ments, sup­port and pro­tect na­tional prod­ucts, and to train em­ploy­ees on the mech­a­nism of ap­ply­ing coun­ter­vail­ing mea­sures. The work­shop, which is be­ing con­ducted with the par­tic­i­pa­tion of ex­perts from the MCI, the Min­istry of Mu­nic­i­pal­ity and En­vi­ron­ment, the Gen­eral Sec­re­tariat of the Coun­cil of Min­is­ters, the Gen­eral Au­thor­ity of Cus­toms and the Qatar Cham­ber, aims at fa­mil­iaris­ing au­thor­i­ties con­cerned with the dif­fer­ent forms of sub­si­dies that could be of­fered by the pub­lic sec­tor to the pri­vate sec­tor and lo­cal pro­duc­ers un­der the WTO’s agree­ment on sub­si­dies and coun­ter­vail­ing mea­sures as well as the pro­ce­dures that could be taken to pro­tect do­mes­tic pro­duc­ers from com­pet­ing im­ported sub­sidised prod­ucts and to bol­ster the com­pet­i­tive­ness of na­tional prod­ucts.

Sharif Kushkin, an ex­pert at the Geneva-based WTO, will ad­dress sev­eral top­ics in­clud­ing an over­view of the Agree­ment on Sub­si­dies and Coun­ter­vail­ing Mea­sures and their def­i­ni­tion, iden­ti­fy­ing per­mit­ted and pro­hib­ited sub­si­dies un­der the WTO agree­ment, ex­cep­tions when it comes to de­vel­op­ing coun­tries and the role of sub­si­dies within the WTO sys­tem. It tack­les the im­pact and reper­cus­sions of sub­sidised im­ported prod­ucts on lo­cal prod­ucts and the re­sult­ing dam­age to both pro­duc­tion value and mar­ket com­pet­i­tive­ness.

It also seeks to shed light on the mea­sures that could be taken to mit­i­gate this dam­age by re­sort­ing to the WTO Dis­pute Set­tle­ment Gate­way or by im­pos­ing pro­tec­tive mea­sures to pro­tect na­tional prod­ucts as well as the le­gal mech­a­nisms to im­ple­ment such mea­sures with­out vi­o­lat­ing the WTO rules.

The work­shop is be­ing con­ducted with the par­tic­i­pa­tion of ex­perts from the MCI, the Min­istry of Mu­nic­i­pal­ity and En­vi­ron­ment, the Gen­eral Sec­re­tariat of the Coun­cil of Min­is­ters, the Gen­eral Au­thor­ity of Cus­toms and the Qatar Cham­ber

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