TNAG-1494-FCO40-2052-Future-of-Hong-Kong-General-Agreement-on-Tariffs-and-Trade-(-1986 — Page 39

Subsidies and countervailing measures

Negotiations on subsidies and countervailing measures shall be based on

a review of Articles VI and IV! and the MTN agraesent na subsidies and

countervailing measures with the objective of improving GATT disciplines

relating to all subsidies and countervailing measures that affect

international trade. A negotiating group will be established to deal with

these issues.

Dispute settlement.

In order to ensure prompt and effective resolution of disputes to the

benefit of all contracting parties, negotiations shall ain to improve and

strengthen the rules and the procedures, of the dispute settlement process,

while recognizing the contribution that would be made by more effective and

enforceable BATT rules and disciplines. Negotiations shall include the

development of adequate arrangements for overseeing and monitering of the

procedures that would facilitate compliance with adopted recommendations,

Trade Related Aspects of Intellectual Property Rights, including Trade in

In order to reduce the distortions and impediments to international

trade, and taking into account the need to promote effective and adequate

protection of intellectual property rights, and to ensure that measures and

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