EU appeals against WTO’s state aid ruling

Eleanor Steed
By Eleanor Steed June 30, 2017 14:19

EU appeals against WTO’s state aid ruling

The European Union (EU) has appealed against a recent World Trade Organization (WTO) ruling in favour of the US over its state aid for Boeing. A 2012 WTO investigation found that that state and federal programmes provided Boeing with billions of dollars in illegal subsidies but a June ruling this year said that most of those issues had been addressed despite generous tax benefits from Washington being continued.

Airbus, which the WTO has also found gained illegal state subsidies in Europe, maintains the US continues to offer unfair support.

The debate will run and run on this issue.

Eleanor Steed
By Eleanor Steed June 30, 2017 14:19