Sunday, March 4, 2012

WTO to rule on marathon Airbus-Boeing aid dispute


A seven-year dispute between aerospace giants Airbus and Boeing comes to a head on Wednesday when the World Trade Organization rules on an EU complaint against US government support for Boeing.

The European Union is appealing against US aid to Boeing, and the WTO was to hand its judgement confidentially to the two parties, the EU representing European aircraft maker Airbus and the US government for Boeing.

The conclusions might not, however, be immediately known, trade sources said.

"This confidential report will be made public at a later date, hopefully by mid-March" a trade source told AFP on Tuesday.

The date of publication will depend on the number of remarks then submitted by the two parties.

There are two cases lodged with the WTO -- one by Boeing against allegedly illegal subsidies for Airbus and a second by Airbus, which made the same claim against its industry rival.

The EU responded in December to a WTO deadline to say how it intends to comply with the body's ruling to end unfair aid in the battle.

The United States has threatened sanctions as it claims the EU has not only failed to comply with a WTO ruling against subsidies to Airbus but also had even provided it with new aid.

"The competitors are not going to restrain their funding systems but, on the contrary, are following every single move here to learn from what they see," an EU official said

"The only way ultimately to solve this case will be through political discussions at the highest level," he said.

In March last year the WTO partly upheld an EU complaint against US government support for Boeing, saying that billions of dollars in state aid for the aircraft maker amounted to illegal subsidies.

Both the EU and US claimed victory, with Brussels slamming Washington's subsidies, while the United States hailed the WTO for finding that state aid for Boeing was far less than that paid to European rival Airbus.




The United States has threatened sanctions as it claims the EU has not only failed to comply with a WTO ruling against subsidies to Airbus but also had even provided it with new aid.
= Amerika Serikat telah mengancam sanksi karena klaim Uni Eropa tidak hanya gagal untuk mematuhi keputusan WTO terhadap subsidi untuk Airbus tetapi juga bahkan disediakan dengan bantuan baru

Both the EU and US claimed victory
= baik Uni Eropa dan Amerika Serikat mengklaim kemenangan

No comments:

Post a Comment