Govt. equity infusions do not confer a benefit unless: “the investment decision can be regarded as inconsistent with the usual investment practice (including …risk capital) of private investors in the territory of that Member” • Govt. loans do not confer a benefit unless: “there is a difference between the amount that the firm receiving the loan pays on the Govt. loan and the amount the firm would pay on a comparable commercial loan which the firm could actually obtain on the market.” Concept of Benefit (Contd.) • Govt. loan guarantees do not confer a benefit unless: “there is a difference between the amount the firm receiving the guarantee pays on a loan guaranteed by the Govt. and the amount the firm would pay on comparable commercial loan absent the Govt. guarantee. • Govt. provision of goods or services does not confer a benefit unless for less than adequate remuneration based on prevailing market conditions Concept of Benefit (Contd.) • Govt. purchase of goods does not confer a benefit unless: for more than adequate remuneration based on prevailing market conditions.
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Sources: Wto Agreement on Subsidies and Countervailing Measures, Wto Agreement on Subsidies and Countervailing Measures, Wto Agreement on Subsidies and Countervailing Measures