The WTO condemns the USA for making illegal subsidies to Boeing
19th March 2012On 12th March the European Commission welcomed the conviction of the USA by the WTO for having granted illegal subsidies to the aviation sector, and notably to Boeing. This aid was not in line with WTO rules totalling more than 8 billion euros granted since 1989. In its decision the WTO believed that these subsidies had seriously damaged the interests of the EU. The USA now has six months to fall in line with the WTO's recommendations. The USA and the European Commission have been in dispute since 2004 and have accused each other of having granted illegal subsidies to the aviation sector.
Read