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World Trade

Organization

WT/DS46/R
2 August 1999
(99-3216)
Original: English

 

Brazil - Export Financing Programme for Aircraft

AB - 1999-1

Report of the Appellate Body


INDEX

I. Introduction

II. Arguments of the Participants and the Third Participants

A. Claims of Error by Brazil – Appellant

1. Consultations

2. Are PROEX Interest Rate Equalization Payments Used "To Secure a Material Advantage in the Field of Export Credit Terms"?

3. Has Brazil Increased the Level of its Export Subsidies?

4. Recommendation of the Panel

B. Arguments by Canada – Appellee

1. Consultations

2. Are PROEX Interest Rate Equalization Payments Used "To Secure a Material Advantage in the Field of Export Credit Terms"?

3. Has Brazil Increased the Level of its Export Subsidies?

4. Recommendation of the Panel

C. Claims of Error by Canada – Appellant

1. Burden of Proof Under Article27.4 of the SCM Agreement

2. Has Brazil Increased the Level of its Export Subsidies?

3. Conditional Appeal: "Maintaining" Subsidies Under Article3.2 of the SCM Agreement

D. Arguments by Brazil – Appellee

1. Burden of Proof Under Article27.4 of the SCM Agreement

2. Has Brazil Increased the Level of its Export Subsidies?

3. Conditional Appeal: "Maintaining" Subsidies Under Article 3.2 of the SCM Agreement

E. Arguments by Third Participants

1. European Communities

2. United States

III. Preliminary Procedural Matter and Ruling

A. Procedures Governing Business Confidential Information

1. Arguments of Participants and Third Participants

2. Ruling and Reasons

IV. Issues Raised In This Appeal

V. Consultations

VI. Burden of Proof Under Article 27.4 of the SCM Agreement.

VII. Has Brazil Increased the Level of its Export Subsidies?

A. Actual Expenditures or Budgeted Amounts

B. When are PROEX Subsidies "Granted"?

C. Constant or Nominal Dollars

VIII. Are PROEX Interest Rate Equalization Payments Used "To Secure a Material Advantage in the Field of Export Credit Terms"?

IX. Recommendation of the Panel

X. Conditional Appeal: "Maintaining" Subsidies Under Article3.2 of the SCM Agreement

XI. Findings and Conclusions