News Source: Sify News
| 3 months ago
The World Trade Organization on Friday handed the United States and European Union its long-awaited intial decision in their dispute over government financing for airplane makers. The WTO didn't reveal the result of the confidential ruling, but the...
News Source: Euractiv
| 3 months ago
The EU and the US have been locked in a dispute over state aid to large commercial aircraft builders, Airbus and Boeing, since Washington and Brussels filed complaints against each other in 2004. According to international trade rules, government...
News Source: EU Observer
| 3 months ago
Member state officials said the confidential interim report was much more nuanced than a simple one-sided victory, while EU trade spokesman Lutz Guellner described it as "only half the story." However, US officials said their claims had been...
News Source: Turks and Caicos Free Press
| 3 months ago
The WTO has found that loans from European governments to Airbus were not only unfair subsidies but in some cases violated a tougher ban on export aid, according to sources familiar with a report that also rejected some U.S. complaints. The findings...
News Source: Sify News
| 3 months ago
The World Trade Organization is expected to release a long-awaited decision Friday on whether Airbus received an unfair boost from billions of dollars in European government aid as it moved past Boeing to become the world's top producer of commercial...