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<blockquote data-quote="boreal" data-source="post: 535426" data-attributes="member: 2791"><p>EU accuses U.S. of paying billions in Boeing subsidies </p><p>Posted 3/23/2007 12:22 PM | Comment | Recommend2 E-mail | Save | Print | </p><p></p><p>GENEVA (AP) — The U.S. federal government and two states are supplying Boeing with "lavish" subsidies that will eventually reach US$23.7 billion, the European Union said Thursday, adding that the payments are already providing the American plane manufacturer with a massive advantage over rival Airbus.</p><p>The 27-nation EU cited tax breaks, development funding and outright grants to Boeing in its first submission to the World Trade Organization of evidence that the United States is providing support for the Chicago-based plane manufacturer in violation of global commerce rules. The bloc also accused the U.S. of providing vast amounts of hidden support to Boeing through military contracts.</p><p></p><p>Washington opened the first WTO hearing into the dispute earlier this week by claiming that Airbus has taken advantage of decades of European subsidies worth the equivalent of more than US$100 billion (euro75 billion) to capture long-standing Boeing Co. customers and become the world's largest seller of planes.</p><p></p><p>The Boeing-Airbus dispute is expected to be the most complicated and costliest in the Geneva-based trade referee's 12-year-history.</p><p></p><p>"The lavish subsidies benefiting Boeing has allowed Boeing to engage in aggressive pricing of its aircraft, which has caused lost sales, lost market share and price suppression to Airbus in a number of select markets," the EU said in a statement.</p><p>----------------------------------------------------</p><p></p><p>Será por versiones....</p></blockquote><p></p>
[QUOTE="boreal, post: 535426, member: 2791"] EU accuses U.S. of paying billions in Boeing subsidies Posted 3/23/2007 12:22 PM | Comment | Recommend2 E-mail | Save | Print | GENEVA (AP) — The U.S. federal government and two states are supplying Boeing with "lavish" subsidies that will eventually reach US$23.7 billion, the European Union said Thursday, adding that the payments are already providing the American plane manufacturer with a massive advantage over rival Airbus. The 27-nation EU cited tax breaks, development funding and outright grants to Boeing in its first submission to the World Trade Organization of evidence that the United States is providing support for the Chicago-based plane manufacturer in violation of global commerce rules. The bloc also accused the U.S. of providing vast amounts of hidden support to Boeing through military contracts. Washington opened the first WTO hearing into the dispute earlier this week by claiming that Airbus has taken advantage of decades of European subsidies worth the equivalent of more than US$100 billion (euro75 billion) to capture long-standing Boeing Co. customers and become the world's largest seller of planes. The Boeing-Airbus dispute is expected to be the most complicated and costliest in the Geneva-based trade referee's 12-year-history. "The lavish subsidies benefiting Boeing has allowed Boeing to engage in aggressive pricing of its aircraft, which has caused lost sales, lost market share and price suppression to Airbus in a number of select markets," the EU said in a statement. ---------------------------------------------------- Será por versiones.... [/QUOTE]
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