The May 2003 OECD Joint Global Forum on Trade and Competition brought together experts and officials from economies at all levels of development. Against the backdrop of an increasingly globalised economy, the interface between these two policy domains is receiving growing attention

Dealing constructively with subsidies in global commerce is central to G20 leaders’ goal of reforming and strengthening the multilateral trading system. The growing use of distortive subsidies alters trade and investment flows, detracts from the value of tariff bindings and other market access...