RESTRICTED
WORLD TRADE G/SCM/N/3/EEC/Corr.2*
22April 1996
ORGANIZATION(96-1481)
Original: English Committee onSubsidies andCountervailing Measures
SUBSIDIES
NOTIFICATIONS PURSUANT TOARTICLE XVI:1 OFTHE GATT 1994
AND ARTICLE 25OFTHE AGREEMENT ONSUBSIDIES AND
COUNTERVAILING MEASURES
EUROPEAN COMMUNITIES
Corrigendum
1. Theattached pages 2-6should replace pages 363-367 andtheattached page7should replace
page375ofdocument G/SCM/N/3/EEC. InthetextofPortugal, inpoint 3ofeachabove-mentioned
pages thecurrency (escudos) should beshortened to1decimal point.
*English onlyG/SCM/N/3/EEC/Corr.2
Page2
19. Subsidies fortheconstruction orpurchase offishing vessels.
1. Member State:
Portugal (Autonomous Region oftheAzores).
2. Form ofsubsidy
Grant.
3. Total amount disbursed in1994
42.2million escudos.
4. General objectives
Toprovide theregion withmore modern, better-equipped andsafer vessels withimproved
working conditions.
5. Duration ofsubsidy
Indefinite.
6. Statistical data
(Thesubsidy doesnothaveadirect effect ontrade.)G/SCM/N/3/EEC/Corr.2
Page3
20. Interest subsidy fortheconstruction orpurchase offishing vessels.
1. Member State
Portugal (Autonomous Region oftheAzores).
2. Form ofsubsidy
Interest subsidy.
3. Total amount disbursed in1994
37.6million escudos.
4. General objectives
Toprovide theregion withmore modern, better-equipped andsafer vessels withimproved
working conditions.
5. Duration ofsubsidy
Indefinite.
6. Statistical data
(Thesubsidy doesnothaveadirect effect ontrade.)G/SCM/N/3/EEC/Corr.2
Page4
21. Interest subsidy forthemodification offishing vessels.
1. Member State
Portugal (Autonomous Region oftheAzores).
2. Form ofsubsidy
Interest subsidy.
3. Total amount disbursed in1994
6.8million escudos.
4. General objectives
Toprovide theregion withmore modern, better-equipped andsafer vessels withimproved
working conditions.
5. Duration ofsubsidy
Indefinite.
6. Statistical data
(Thesubsidy doesnothaveadirect effect ontrade.)G/SCM/N/3/EEC/Corr.2
Page5
21. Interestsubsidyforthepurchaseofengines,otherfishinggearandtoolsintendedforfishing
vessels.
1. Member State
Portugal (Autonomous Region oftheAzores).
2. Form ofsubsidy
Interest subsidy.
3. Total amount disbursed in1994
4.4million escudos.
4. General objectives
Toprovide theregion withmore modern, better-equipped andsafer vessels withimproved
working conditions.
5. Duration ofsubsidy
Indefinite.
6. Statistical data
(Thesubsidy doesnothaveadirect effect ontrade.)G/SCM/N/3/EEC/Corr.2
Page6
22. Interest subsidy forinvestment inthepurchase, transformation orconversion offishing
vessels.
1. Member State
Portugal (Autonomous Region ofMadeira).
2. Form ofsubsidy
Interest subsidy.
3. Total amount disbursed in1994
16.8million escudos.
4. General objectives
Topromote investment inthefishing sector.
5. Duration ofsubsidy
Indefinite.
6. Statistical data
(Thesubsidy doesnothaveadirect effect ontrade.)G/SCM/N/3/EEC/Corr.2
Page7
30. Subsidy forthemodernization ofthemerchant fleet.
1. Member State
Portugal (continental).
2. Form ofsubsidy
Grant.
3. Total amount disbursed in1994
436.8 million escudos.
4. General objectives
Tomodernize themerchant fleet.
5. Duration ofsubsidy
Oneyear(1994).
6. Statistical data
(Thesubsidy doesnothaveadirect effect ontrade.)