Author (Corporate) | European Commission: DG Communication |
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Series Title | Press Release |
Series Details | IP/11/390 (31.3.11) |
Publication Date | 31/03/2011 |
Content Type | News |
The European Commission welcomes the WTO Panel report has found that billions of dollars in US Federal and State subsidies granted to Boeing are illegal under WTO rules. This landmark ruling has clearly confirmed the EU's position on all of its main claims, Notably that between 1989 and 2006 the US Federal and State governments granted WTO-incompatible subsidies to Boeing amounting to at least US$ 5.3 billion. Planned future subsidies are estimated to be worth between US$ 3 to 4 billion. |
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Source Link | http://europa.eu/rapid/pressReleasesAction.do?reference=IP/11/390&format=HTML&aged=0&language=EN&guiLanguage=en |
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Subject Categories | Business and Industry, Internal Markets |
Countries / Regions | Europe, United States |
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