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Subsidies to foreign exporters are unlikely to face new control regime under EU Parliament draft

By Joanna Sopinska and Tono Gil ( April 25, 2022, 14:56 GMT | Insight) -- Subsidies granted to foreign companies selling goods on the EU market aren't likely to face the bloc’s new subsidy-control regime under the European Parliament's draft text. A proposal made by some lawmakers to extend the scope of the new mechanism — to subsidies that haven’t been properly notified to the World Trade Organization — hasn’t gained enough support to be included in the list of compromise amendments agreed ahead of the vote at the trade committee today, MLex understands.Subsidies granted to foreign companies selling goods on the EU market aren’t likely to face the bloc’s new subsidy-control regime under the European Parliament’s draft text....

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