US Government subsidies to Boeing illegal, says World Trade Organization
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US aircraft manufacturer Boeing received at least $5.3bn (£3.3bn) in unfair aid from Washington, the World Trade Organization (WTO) has concluded.
The subsidies included money for research and development from the Nasa space agency, a panel of international trade judges has ruled.
Last year the WTO said that Boeing's arch rival Airbus had received illegal aid from European governments.
The two companies have been at war over state aid for almost six years.
The case is one of the most complex ever brought before Geneva-based WTO, which has issued 2,000 pages of rulings
http://www.bbc.co.uk/news/business-12925024
The subsidies included money for research and development from the Nasa space agency, a panel of international trade judges has ruled.
Last year the WTO said that Boeing's arch rival Airbus had received illegal aid from European governments.
The two companies have been at war over state aid for almost six years.
The case is one of the most complex ever brought before Geneva-based WTO, which has issued 2,000 pages of rulings
http://www.bbc.co.uk/news/business-12925024
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- groups:
- Community
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- tags:
- WTO, Boeing, US government subsidies
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trut
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Instead of trying to comply, why don't we just tell the WTO they can go to hell?
This globalization crap is screwing everybody. - 1 year ago
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trut
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timetide
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instead of violating our international agreements how about we take care of our own children, soldiers etc?
- 1 year ago
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timetide
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ampersand
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I know some hungry U.S. workers and a few failing schools who could have used a five billion dollar subsidy.
- 1 year ago
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ampersand
