P7  Export subsidies

 Financial contribution by a government or public body, or via government entrustment or direction of a private body (direct or potential direct transfer of funds: e.g., grant, loan, equity infusion, guarantee; government revenue foregone; provision of goods or services or purchase of goods; payments to a funding mechanism), or income or price support, which confers a benefit and is contingent in law or in fact upon export performance (whether solely or as one of several conditions), including measures illustrated in Annex I of the Agreement on Subsidies and Countervailing Measures and measures described in the Agreement on Agriculture. 
  Example:  All manufacturers in Country A are exempt from income tax on their export profits.