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EU Opens New Chapter In Civil Aircraft Dispute By Seeking WTO Panel

February 19, 2015 at 9:19 PM
The European Union has opened a new chapter in the long-standing fight with the United States over subsidies each side provides to its respective manufacturers for the development of large civil aircraft by seeking a dispute settlement panel in the World Trade Organization over a new round of tax breaks provided to Boeing by Washington state. According to the EU panel request made on Feb. 12, these subsidies are prohibited under the Agreement on Subsidies and Countervailing Measures (ASCM) because...

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