. /.   WORLD TRADE  
ORGANIZATION  G/SCM/N/186/BRB 
G/SCM/N/192/BRB 14 August 2009 
 
(09-3896) 
Committee on Subsidies and 
Countervailing Measures Original:   English 
 
 
 
SUBSIDIES 
 
New and Full Notification Pursuant to Article XVI:1 of the  
GATT 1994 and Article 25 of the Agreement on  
Subsidies and Countervailing Measures  
 
Continuation of Extension under SCM Artic le 27.4 of the Transition Period for  
the Elimination of Export Subsidies Pursuant to the Procedures Contained  
in the General Council Decision in Document WT/L/691  
 
BARBADOS 
   The following notification, dated 9 July 2009, is being circulated at the request of the Delegation of Barbados.   
 
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  This notification is made taking into account th e provisions of Article 27.4 and Article 25.7 of 
the Agreement on Subsidies and Countervailing Measures.
1 
 1. Title of Subsidy
 
  Fiscal Incentive Programme.    
2. Period covered by Notification
 
  For period 1 April 2007 – 31 March 2008.    3. Policy and Objective and/or purpose of subsidy
 
 
 There has been no change in the Stand Still arrangements.    4. Background and authority of subsidy
 
 
 There has been no change in the Stand Still arrangements.   
                                                      
1 The Delegation of Barbados has informed the Secretariat that notifications for the other programmes 
subject to the General Council Decision in WT/L/691 would be submitted in due course. G/SCM/N/186/BRB 
G/SCM/N/192/BRB Page 2 
 
 
  5. Form of Subsidy (i.e grant, loan, tax concessions)
 
  There has been no change in the Stand Still arrangements.  
6. To whom and how is the subsidy provided
 
  There has been no change in the Stand Still arrangements.    7. Subsidy per unit, or in cases where it is not  possible, total amount or the annual amount 
budgeted for that subsidy  
  Revenue foregone for the period April 2007 to March 2008 totalled $18,046,775.83.   
 8. Duration of subsidy and/or any time limits attached to it
 
 
 There has been no change in the Stand Still arrangements.    9. Statistical Data permitting an assessme nt of the trade effects of a subsidy
 
  During the period under review 13 companies received concession under the Fiscal Incentive 
Programme.   
 10. Information referred to in paragr aph 2 (a) of the GC decision of 2007
 
  The Division of Trade, Industry and Commer ce has informed all current beneficiaries under 
the Fiscal Incentives Act of the 17 July 2007 decision by the membership of the WTO to eliminate all 
export subsidies by 31 December 2015.     The Division of Trade, Industry and Commerce has taken the following policy position with 
regards to the Fiscal Incentive Act:    
 a. In the short term, grant fiscal incentives to companies which have qualified for 
benefits under the Fiscal Incentives Act;  how ever the length of that benefit should 
not exceed 31 December 2015 and;   
  b. In the long term, amend the Fiscal Incen tives Act so that it conforms to Barbados' 
WTO obligations.  This would be done through the removal of all the provisions 
which link the granting of benefits under the Fiscal Incentives Act to exports or the 
potential exports of an applicant country.   
   
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