U.S. hails WTO ruling on Airbus case

08:08, July 01, 2010      

Email | Print | Subscribe | Comments | Forum 

The United States claimed " landmark victory" Wednesday in a WTO ruling over the U.S. complaint on decades of subsidies for Airbus by the European Union (EU).

According to a statement released by the U.S. Trade Representative Office (USTR), the WTO dispute settlement panel found that every instance of the launch aid provided by certain EU nations for new Airbus aircraft over the last forty years, as well as other subsides the U.S. had challenged, caused adverse effects to the interests of the U.S. and therefore are WTO-inconsistent subsidies.

The panel also concluded that certain launch aid provided for the A380 superjumbo jet was a prohibited export subsidy under WTO rules.

U.S. Trade Representative Ron Kirk said the case would "benefit American aerospace workers, who have had to endure watching Airbus receive these massive subsidies for more than 40 years."

The subsidies, Kirk said, "have greatly harmed the United States, including causing Boeing to lose sales and market share. Today's ruling helps level the competitive playing field with Airbus."

Boeing CEO Jim McNerney claimed it had won a "sweeping legal victory" following the ruling that some European state subsidies to Airbus are illegal and insisted the decision required Airbus to repay four billion dollars, a claim disputed by the France-based firm.

He said the Office of the US Trade Representative deserves " tremendous credit" for the decision.

"We now join the U.S. government in urging full compliance with the ruling and a permanent restoration of fair competition within our industry," he said.

The U.S. initiated this WTO dispute in October 2004 to end decades of launch aid and other subsides provided to Airbus. A WTO panel was established to examine the matter in May 2005.

Source: Xinhua

(Editor:黄硕)

  • Do you have anything to say?

双语词典
dictionary

  
Special Coverage
  • Premier Wen Jiabao visits Hungary, Britain, Germany
  • From drought to floods
Major headlines
Editor's Pick
  • A fallen tree is seen on a road in Qionghai, south China's Hainan Province, Sept. 29, 2011. Typhoon Nesat was predicted to land in Hainan later Thursday, bringing heavy rainfalls to the island. (Xinhua/Meng Zhongde)
  • A man visits "Thy Word Is Truth, the Bible Ministry Exhibition of the Protestant Church in China", during its opening at Mount Vernon Place United Methodist Church in Washington DC, capital of the United States, Sept. 28, 2011. Through the Bible's various Chinese versions, ancient or modern, as well as pictures, paintings, calligraphy, art works and historical documents, the exhibition was expected to give an overall understanding of how Bible was brought into China, how it was translated, published, distributed and loved. (Xinhua/Zhang Jun)
  • A visitor passes by in the exhibition of Istanbul design week on Sept. 28, 2011 in Istanbul, Turkey. Istanbul design week will be hosting designers and design exhibitions from around the world in Istanbul from Sept 28 to Oct 2 with the participation of 25 countries. (Xinhua/Ma yan)
  • Red flag flies at the Jiuquan Satellite Launch Center in northwest China's Gansu Province, Sept. 28, 2011. A spokesperson with China's manned space program said Wednesday that fuel has been injected into the Long March-2FT1 carrier rocket in preparation for launching the Tiangong-1 space module Thursday evening as planned. (Xinhua/Wang Jianmin)
  • A militant loyal to the Libyan National Transitional Council (NTC) waves in a tank near Bani Walid, one of the pro-Muammar Gaddafi strongholds, on Sept. 28, 2011. (Xinhua/Hamza Turkia)
  • Jewish worshippers pray at the Western Wall, Judaism's holiest prayer site, in Jerusalem's Old City on Sept. 28, 2011, ahead of Rosh Hashanah, the two-day Jewish new year which will begin at sunset on Sept. 28 and conclude at nightfall on Sept. 30. (Xinhua/Muammar Awad)
Hot Forum Discussion