US, EU Spar over Boeing Subsidies
U.S. aircraft giant Boeing is still getting U.S. subsidies despite Washington's claim to have stopped the handouts, the European Union said on Tuesday in the latest round of the world's biggest trade dispute.
The EU's claim came one day after the U.S. Trade Representative's office said it had complied with a ruling by a World Trade Organisation dispute panel that found Boeing had benefited from illegal payments. The United States had until Sept 23 to comply.
"We had expected that the U.S. would have finally complied in good faith with its international commitments and would have abided by the WTO rulings that clearly condemned U.S. subsidies to Boeing", EU Trade Commissioner Karel De Gucht said in a statement.
Source: Reuters. Read full article. (link)
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