WTO. USA guilty to not have cancelled subsidies granted to Boeing
Important victory EU and Airbus. Subsidies to the FSC programme considered even prohibited -ATTACHMENT
A report by the Appellate Body of the WTO (World Trade Organization), published yesterday, confirms that the United States failed to withdraw the subsidies granted by federal, State and local authorities to Boeing, to cancel the harm those subsidies caused to Airbus.
The Appellate Body has rejected every single United States argument whereas it has taken all EU legal points on board. In addition, the WTO highest court has also qualified a number of additional US federal and state programmes, considering them in some cases even as prohibited subsidies, as in the case of the Foreign Sales Corporation scheme (FSC). An important win for the EU.
The report requests that further compliance steps are necessary from the United States and Boeing. Failing that, the European Union can implement countermeasures on imports of US products. Airbus in a note thanks the European Commission and the governments of France, Germany, the United Kingdom and Spain for their continuous support throughout the long dispute process.
Further details on the dispute in the document (integral version) attached below to this AVIONEWS.
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