European Communities - Countervailing Measures on Dynamic Random Access Memory Chips from Korea (WT/DS299)

On 25 July 2003, Korea requested consultations with the European Communities concerning the EC’s provisional countervailing measures and any final countervailing measures which may be finalized and implemented later this year against dynamic random access memory chips (“DRAMs”) from Korea. According to Korea, when considering the determinations with respect to the provisional measures against the DRAMs from Korea, which have already been implemented, and any final measures on the same products, which may be finalized and implemented later this year, the European Commission failed to comply with various WTO substantive and procedural requirements, including demonstration of the existence of a financial contribution and a benefit conferred, and demonstration of specificity of the subsidies concerned.