Дата: 30-08-18 11:29
Airbus subsidies: WTO sets up new panel after EU demand
The European Union obtained the establishment of a new panel of experts from the World Trade Organization (WTO) on August 27, 2018, to settle the 14-year-old trade dispute with the United States over European subsidies granted to Airbus.
The request was initially made at a previous meeting on August 15, 2018, but blocked by the United States. “As we sit here today, the EU and these four member states [United Kingdom, France, Germany and Spain] still have not provided even the most basic information about alleged amendments made to certain launch aid contracts,” the U.S. delegation was reported saying by Reuters. The EU, however, claims it withdrew any remaining subsidies. Its request for a panel was automatically accepted at the second meeting in accordance to the rules of the WTO. The conclusion of the panel should be known in several months.
Regardless of the conclusion, the EU could still face trade sanctions, as requested by the United States to the WTO on July 20, 2018. Boeing values the sanctions at several billions dollars a year.
Джерело інформації: AeroTime
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