Encyclopedia

Subsidy of a foreign state


Foreign state subsidy - financial assistance provided directly by the government or other governmental body of a foreign state (union of foreign states) or through a non-governmental organization at the request of the government of a foreign state (union of foreign states), granting the recipient of the subsidy additional advantages, and provided within the territory of a foreign state (union of foreign states) in the form of direct transfer of funds (including in the form of grants, loans, purchase of shares) or an obligation to transfer such funds (including in the form of loan guarantees); waiver or non-collection of payments that should have been received by the state (including through the provision of tax credits), except in cases where exported goods are exempt from taxes or duties imposed on similar goods intended for domestic consumption, or the refund of such taxes or duties up to the amounts actually paid; preferential or of gratuitous supply of goods or services, except for goods or services intended for the maintenance and development of general infrastructure, that is, infrastructure not associated with a specific producer and (or) exporter; preferential acquisition of goods; other support of revenues or prices, if the direct or indirect result of such support is an increase in the export of goods from a foreign state (union of foreign states) or a reduction in the import of goods into such foreign state (union of foreign states)1;

  1. Federal Law No. 165-FZ of December 8, 2003 "On Special Protective, Anti-Dumping and Compensatory Measures in the Import of Goods", as amended on December 8, 2003, Article 2, paragraph 22 // RSZ RF. 2003. No. 50. Article 4851. ↩

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Codes and federal laws