Relationships between countervailing duty measures and multilateral remedies

If an imported product is made subject to any countermeasures imposed following recourse to the dispute settlement procedures of the Subsidies Agreement, and such measures are appropriate to remove the injury caused by the countervailable subsidies, any countervailing duty imposed with regard to that product shall immediately be suspended, or repealed, as appropriate.

Article 33

Final provisions

This Regulation shall not preclude the application of:

(a) any special rules laid down in agreements concluded between the Community and third countries;

(b) the Community regulations in the agricultural sector and Council Regulations (EC) No 3448/93 of 6 December 1993 laying down the trade arrangements applicable to certain goods resulting from the processing of agricultural products (6), (EEC) No 2730/75 of 29 October 1975 on glucose and lactose (7) and (EEC) No 2783/75 of 29 October 1975 on the common system of trade for ovalbumin and lactalbumin (8); this Regulation shall operate by way of complement to those regulations and in derogation from any provisions thereof which preclude the application of countervailing duties;

? Special measures, provided that such action does not run counter to obligations under the GATT.

Article 34

Repeal of existing legislation and transitional measures

Regulation (EC) No 3284/94 is hereby repealed.

However, the repeal of Regulation (EC) No 3284/94 shall not prejudice the validity of proceedings initiated thereunder.

References to Regulations (EEC) No 2423/88 and (EC) No 3284/94 shall be construed as references to this Regulation, where appropriate.

Article 35

Entry into force

This Regulation shall enter into force on the day of its publication in the Official Journal of the European Communities.

This Regulation shall be binding in its entirety and directly applicable in all Member States.

Done at Luxembourg, 6 October 1997.

For the Council

The President

J. POOS

(1) OJ C 99, 26. 3. 1997, p. 1.

(2) OJ L 209, 2. 8. 1988, p. 1. Regulation as last amended by Regulation (EC) No 522/94 (OJ L 66, 10. 3. 1994, p. 10).

(3) OJ L 336, 23. 12. 1994, p. 1.

(4) OJ L 349, 31. 12. 1994, p. 22. Regulation as amended by Regulation (EC) No 1252/95 (OJ L 122, 2. 6. 1995, p. 2).

(5) OJ L 302, 19. 10. 1992, p. 1. Regulation as last amended by Regulation (EC) No 82/97 of the European Parliament and of the Council (OJ L 17, 21. 1. 1997, p. 1).

(6) OJ L 318, 20. 12. 1993, p. 18.

(7) OJ L 281, 1. 11. 1975, p. 20. Regulation as last amended by Commission Regulation (EC) No 2931/95 (OJ L 307, 20. 12. 1995, p. 10).

(8) OJ L 282, 1. 11. 1975, p. 104. Regulation as last amended by Commission Regulation (EC) No 2916/95 (OJ L 305, 19. 12. 1995, p. 49).