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    <title>Agreement on Subsidies and Countervailing Measures (SCM Agreement)</title>
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    <description>A subsidy is a government financial contribution conferring a benefit and specific to an industry; subsidies are classified as prohibited (export and import substitution), actionable (those causing adverse effects such as injury, market access impediments, or unfair competition), and historically non actionable. Affected Members may impose countervailing measures only after a proper investigation establishing the subsidy and causation of injury, and any duty must be proportionate to offset the subsidy. Members must notify subsidies for transparency and may seek resolution through WTO dispute settlement; developing countries receive transitional and special treatment provisions.</description>
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