Arab Today, arab today us rejects eu claim of illegal boeing subsidies
Last Updated : GMT 17:04:24
Arab Today, arab today
Arab Today, arab today

US rejects EU claim of illegal Boeing subsidies

Arab Today, arab today

Arab Today, arab today US rejects EU claim of illegal Boeing subsidies

Geneva- AFP

The United States shrugged off on Wednesday European Union plans to take it back to the World Trade Organization over subsidies to aerospace giant Boeing, accusing the EU of far greater handouts. \"On the one side we have $90 billion (70 billion euros) of illegal financing of Airbus by the EU and on the other side we have $3.0-$4.0 billion for Boeing,\" said Michael Punke, US representative at the trade arbiter. The US ambassador said it was \"no surprise\" the EU wanted WTO consultations after Brussels claimed that Washington failed to meet a Monday deadline to end illegal subsidies to Boeing -- a measure imposed by the Geneva-based body in March. \"The process will follow its course,\" said Punke, adding that \"many of the subsidies are still in place in the EU, especially those for the development of the Airbus 380. \"We have come into compliance and we believe Airbus has not,\" he told journalists. US authorities said Sunday they had worked with the space agency NASA, the Defense Department, the northwestern state of Washington and Boeing\'s home city of Wichita, Kansas, to ensure conformity with the WTO ruling. But the office of the EU\'s Trade Commission on Tuesday said there was a \"lack of information in the US notification\" and the EU review suggested \"that the US has neither withdrawn the illegal subsidies granted to Boeing, nor removed their adverse effects.\" \"The EU even has indications that the US could have actually granted more illegal subsidies to Boeing in the meantime,\" the EU office added. The EU said the WTO\'s Appellate Body had found that US federal and state governments granted $5.0-6.0 billion in WTO-incompatible subsidies to Boeing between 1989 and 2006. Subsidies granted after this period \"are estimated to be at least $3.1 billion,\" it added. Under an agreement between Brussels and Washington, the two sides have 15 days to try and resolve the dispute, failing which the WTO can put in place a expert panel to examine the US measures to end subsidies. Boeing and its European rival Airbus dominate the global aircraft business and have been at odds since 2004 over the issue of government subsidies, with both having won and lost complaints filed against the other at the WTO.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today us rejects eu claim of illegal boeing subsidies Arab Today, arab today us rejects eu claim of illegal boeing subsidies

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today us rejects eu claim of illegal boeing subsidies Arab Today, arab today us rejects eu claim of illegal boeing subsidies

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today EasyJet, Lufthansa among seven to bid

GMT 06:49 2017 Tuesday ,17 October

EasyJet, Lufthansa among seven to bid
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Fighters celebrate Raqa victory

GMT 06:07 2017 Wednesday ,18 October

Fighters celebrate Raqa victory
Arab Today, arab today Hiring not part of Alibaba pledge

GMT 11:26 2017 Wednesday ,18 October

Hiring not part of Alibaba pledge
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Sidem reveals plan to improve education

GMT 15:52 2017 Friday ,06 October

Sidem reveals plan to improve education
Arab Today, arab today British actress becomes fifth woman

GMT 18:15 2017 Monday ,16 October

British actress becomes fifth woman
Arab Today, arab today Climate-disrupting volcanoes helped topple

GMT 16:00 2017 Wednesday ,18 October

Climate-disrupting volcanoes helped topple
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Mercedes says recalls 400,000 UK cars

GMT 06:56 2017 Tuesday ,17 October

Mercedes says recalls 400,000 UK cars
Arab Today, arab today Britain's Vauxhall to cut 400 jobs

GMT 10:53 2017 Sunday ,15 October

Britain's Vauxhall to cut 400 jobs
Arab Today, arab today Dalal Abdel Aziz happy for “Seventh Neighbor”

GMT 09:31 2017 Monday ,16 October

Dalal Abdel Aziz happy for “Seventh Neighbor”
Arab Today, arab today Three killed, 360,000 without power

GMT 05:11 2017 Tuesday ,17 October

Three killed, 360,000 without power

GMT 12:33 2017 Friday ,13 October

Anoshka happy for reactions to her talk show

GMT 10:37 2017 Thursday ,12 October

Cara Delevingne accuses Weinstein

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 18:49 2017 Monday ,16 October

India to close colonial-era military farms

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 23:42 2017 Monday ,16 October

Better Marriages Make

GMT 07:02 2017 Sunday ,15 October

German minister sparks uproar

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 03:59 2017 Sunday ,15 October

US mobile carriers Sprint, T-Mobile to merge

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday