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Image header Agence Europe
Europe Daily Bulletin No. 8128
Contents Publication in full By article 10 / 33
GENERAL NEWS / (eu) eu/united states

WTO issues formal ruling on US export subsidy scheme - US must scrap it

Brussels/Washington, 14/01/2002 (Agence Europe) - In Geneva on Monday, the United States administration's attitude to its exporters was once again condemned as illegal. The ruling in mid-afternoon by the World Trade Organisation's appeals tribunal that the new US legislation (challenged by the EU) is indeed illegal since it amounts to illegal export subsidies, also covers the Foreign Sales Corporations scheme (FSC) that it was designed to replace. The EU immediately welcomed the final...

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