Tags: EU | US | Trade | Boeing

EU Challenges US Claims in Trade Case Involving Boeing

Tuesday, 25 Sep 2012 05:26 PM

The European Union has challenged a U.S. assertion that it complied with a World Trade Organization ruling on government support for Boeing Co., escalating its protest in the case.

An EU review of the U.S.’s Sept. 23 compliance filing “suggests that the U.S. has neither withdrawn the illegal subsidies granted to Boeing, nor removed their adverse effects,” the European Commission, the union’s executive arm, said Tuesday in a statement that said it seeking formal consultations on the matter.

The dispute between the U.S. and EU is part of a long- running rift over government support for aircraft subsidies. WTO judges in March determined that Chicago-based Boeing received U.S. subsidies of at least $2.6 billion. The WTO has also determined that Boeing’s competitor Airbus SAS has received illegal subsidies.

“We remain confident that the actions we announced on Sept. 23 have brought us into full compliance with our WTO obligations,” Andrea Mead, a USTR spokeswoman, said in an e- mailed statement. “We are still carefully reviewing the EU’s consultations request, but based on our initial review, the EU simply does not account for many of the changes announced by the United States.”

The U.S. is ready to begin discussions on the EU’s concerns, she said.

The two sides have 15 days to enter into talks to resolve the dispute, according the European Commission’s statement. After that, the EU can ask for a WTO panel to review the issue.

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The European Union has challenged a U.S. assertion that it complied with a World Trade Organization ruling on government support for Boeing Co., escalating its protest in the case.
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2012-26-25
 

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