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Meeting on retaliation to Byrd amendment delayed
A special dispute settlement (DSB) has been called by a number of countries who feel that the Byrd amendment in the United States amounts to an unfair subsidy. Named after US Senator Robert Byrd, the legislation allows US companies to claim money collected as antidumping or countervailing duty orders on foreign imports.
A WTO ruling found that the amendment was a "non-permissible specific action against dumping or subsidy". The DSB has been delayed because of differences over the amount with which to retaliate. Some countries agreed on a figure of 700 millionUSD.
The complaining countries are Australia, Brazil, Canada, Chile, EC, India, Indonesia, Japan, South Korea, Mexico and Thailand.
http://www.ictsd.org/weekly/04-01-14/story2.htm
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