login
login

Europe Daily Bulletin No. 7661

23 February 2000
Contents Publication in full By article 10 / 49
GENERAL NEWS / (eu) eu/united states/wto
European Commission waiting serenely for final verdict from Geneva on American FSCs and forthcoming abolition of this scheme that artificially facilitates American exports

Brussels, 22/02/2000 (Agence Europe) - Thursday afternoon, the World Trade Organisation's (WTO) Appellate Body will publish its conclusions regarding the Euro-American dispute over the "Foreign Sales Corporations" - name of "screen" companies by which almost half American exports are said to transit so as to benefit from tax exemptions estimated at $3.5 billion a year. This unfolding of an affair that has lasted almost twenty years now is being waited for serenely in Brussels, where sources...

Contents

THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION