{ "id": "97-662", "type": "CRS Report", "typeId": "REPORTS", "number": "97-662", "active": false, "source": "EveryCRSReport.com", "versions": [ { "source": "EveryCRSReport.com", "id": 103492, "date": "1998-08-14", "retrieved": "2016-05-24T20:52:40.960941", "title": "The OECD Shipbuilding Agreement and Legislation in the 105th Congress", "summary": "In December 1994, the United States, the European Union, Japan, Korea, and Norway signed\nan\nagreement on shipbuilding that was negotiated under the Organization for Economic Cooperation\nand Development (OECD). The agreement prohibits most subsidies for shipbuilding, limits\nfinancing assistance, allows actions against injurious pricing, and establishes a dispute resolution\nprocess. Although the United States was the lead proponent of the agreement, it is the only signatory\nthat has not ratified the agreement. U.S. maritime industries are split. The largest shipyards oppose\nthe agreement without modifications such as a longer phase-out of the U.S. vessel financing\nguarantee program. Mid-level shipyards and vessel operators support the agreement, primarily for\nits provision to end most shipbuilding subsidies. Legislation to approve the agreement and make\nnecessary statutory changes has been introduced in the 105th Congress.", "type": "CRS Report", "typeId": "REPORTS", "active": false, "formats": [ { "format": "PDF", "encoding": null, "url": "http://www.crs.gov/Reports/pdf/97-662", "sha1": "c501a21a92e5a6af0cbd563e3d0312cc6a94a5e2", "filename": "files/19980814_97-662_c501a21a92e5a6af0cbd563e3d0312cc6a94a5e2.pdf", "images": null }, { "format": "HTML", "filename": "files/19980814_97-662_c501a21a92e5a6af0cbd563e3d0312cc6a94a5e2.html" } ], "topics": [] } ], "topics": [ "Economic Policy", "Foreign Affairs", "Industry and Trade" ] }