This dispute concerns countervailing measures imposed by the European Union (EU) on imports of Polyethylene Terephthalate (PET) from Pakistan. Pakistan has a ‘duty drawback scheme’ by which it remits import duties on input materials consumed in the production of a product that is subsequently exported. The European Commission considered that all duties remitted to a Pakistani PET producer and exporter named Novatex constituted a countervailable subsidy contingent upon export performance. Also, Pakistan has a programme through which it provides government-financed loans to certain qualifying companies. Pre-approved banks are prohibited from charging interest rates above a specified level. The European Commission considered that the loan conferred to Novatex under this programme constituted a countervailable subsidy.

中文翻译：

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欧盟——对来自巴基斯坦的某些聚对苯二甲酸乙二醇酯的反补贴措施（EU-PET（巴基斯坦）），DS486

该争议涉及欧盟（EU）对从巴基斯坦进口的聚对苯二甲酸乙二醇酯（PET）实施的反补贴措施。巴基斯坦有一个“退税计划”，通过该计划，它免除了生产随后出口的产品所消耗的投入材料的进口关税。欧盟委员会认为，向一家名为 Novatex 的巴基斯坦 PET 生产商和出口商征收的所有关税构成了视出口业绩而定的可抵消补贴。此外，巴基斯坦还有一项计划，通过该计划向某些符合条件的公司提供政府资助的贷款。禁止预先批准的银行收取高于规定水平的利率。欧盟委员会认为，根据该计划授予 Novatex 的贷款构成了可抵消的补贴。