Brussels, 17/11/2000 (Agence Europe) - As predicted (see EUROPE of 16 November, page 11), the European Commission made a dual approach on Friday in Geneva concerning the US tax regime that replaces the former Foreign Sales Corporation, and against the maintaining of FSC until 2002. It:
a) calls on the WTO for authorisation to introduce trade sanctions against the United States, for a maximum of $4.043 billion. These sanctions would be justified if the WTO notes that the new US regime does...