WORLD TRADE
ORGANIZATIONG/SCM/N/71/SUR
1 March 2002
(02-1055)
Committee on Subsidies and
Countervailing MeasuresOriginal:  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
SURINAME
The following communication, dated 27 February 2002, has been received from the Ministry
of Trade and Industry in Suriname.
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With reference to Article 25 of the WTO Agreement on Subsidies and Countervailing
Measures and Article XVI:1 of the GATT 1994, I can state the following after having consulted with
the Ministry of Finance.
Suriname has granted loans in the past year to the following firms:1. A total of EUR 2,616,431.18 loan to small rice farms;
2. A total of EUR 3,812,140.24 loan to the Foundation of Mechanical Agriculture in the
period October until November 2001.
These amounts were calculated using the official exchange rate of the Central Bank of
Suriname.
We have to emphasize that the Government of Suriname does not provide any form of
subsidy to any sector or firms.
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