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Condition for applying criterion of admissibility of specific subsidy to support industrial goods recognized as jointly manufactured by EAEU countries extended

Condition for applying criterion of admissibility of specific subsidy to support industrial goods recognized as jointly manufactured by EAEU countries extended

11/23/2020

This condition was determined on June 21, 2019 by Decision No. 100 of the Commission’s Council and sets a minimum level of participation of the Member States’ co-producers in manufacturing goods required to recognize them as jointly manufactured – 15%.

 

It bears reminding that in accordance with the Agreement on the Procedure for Voluntary Approval of Specific Subsidies for Industrial Goods dated 2017, the Member States’ authorized authorities can apply to the Commission for approving a specific subsidy being granted or planned to be granted. By agreeing on a specific subsidy (granted to certain enterprises or industries), the Member State insures its manufacturer-recipient of such a subsidy against the risk of introducing a compensatory measure (return of the subsidy together with interest thereon to the state budget).

 

Industrial subsidies are approved by the Commission based on the criteria of admissibility and inadmissibility of specific subsidies one of which is aimed at supporting manufactured goods recognized as jointly manufactured by the Member States.

 

This decision will help develop cooperative ties in the EAEU.

 

For reference

 

The procedure for recognizing goods as jointly manufactured by the EAEU States was approved by Decision No. 93 of the Commission’s Board dated June 11, 2019. The document specifies how the Member States will recognize goods as jointly manufactured to be able to agree on a specific subsidy for such goods with the Commission.​