Brussels, 19/12/2014 (Agence Europe) - On Friday 19 December, the EU asked the WTO to open consultations with the USA on the continuation of subsidies granted by Washington to US aircraft manufacturer Boeing and other aerospace companies for the 2024-2040 period.
As part of the EU complaint against the Boeing aid (DS 353), the WTO's dispute settlement body (DSB) ruled in 2012 that the tax benefits from Washington State - originally available until 2024 - were incompatible with the WTO...