ACCESSION TO WORLD TRADE ORGANIZATION AND ITS IMPACT ON INTERNAL LAWS AND REGULATIONS REGARDING EXPORTS SUBSIDIES

To promote their exports and get access to world market, many countries have adopted the policy of exports subsidies. Subsidies are usually provided by governments or state bodies which cause adverse effects to the interests of another member of countries or disturb the process of free trade worldwide. World Trade Organization (WTO) which is established on free and fair trade, has put limitations on providing subsidies. Since 2005 the Islamic Republic of Iran has been admitted as WTO observer and it is in the process of full membership. In this article, first the Iranian laws and regulations concerning exports subsidies are examined. Then, their consistency with requirements of WTO and Agreement on Subsidies and Countervailing Measures (SCM Agreement) are discussed.