Document ID: 32022C1223(02)
Language: ENG

<table><col/><col/><col/><col/><tbody><tr><td><p>23.12.2022&#160;&#160;&#160;</p></td><td><p>EN</p></td><td><p>Official Journal of the European Union</p></td><td><p>C 491/6</p></td></tr></tbody></table>
Joint statement of the European Parliament, the Council and the Commission
(2022/C 491/02)
The Union remains committed to an open and rules-based multilateral trading system with a modernised WTO at its core and to further enhancing the effectiveness of the multilateral framework on subsidies. It reaffirms its commitment to support the modernisation of the WTO rules to address distortions to trade and to competition. In particular, the Union will engage in modernising rules on industrial subsidies to enhance the proper functioning of the WTO Agreement on Subsidies and Countervailing Measures (ASCM) and to promote compliance and enforcement.