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Image header Agence Europe
Europe Daily Bulletin No. 9131
Contents Publication in full By article 21 / 48
GENERAL NEWS / (eu) eu/united states/trade

Reactivation of FSC sanctions would not help to create harmonious transatlantic relations, Washington warns

Brussels, 14/02/2006 (Agence Europe) - On Tuesday, the United States criticised the intention of the European Union to reintroduce trade sanctions which had been suspended since 1 January 2005 in the Foreign Sales Corporation (FSC) affair. The Appellate Body of the World Trade Organisation (WTO) definitively ruled on 13 February that the new American legislation (the American Jobs Creation Act of 2004) is still not in line with the WTO judgement of 2000 on FSC, thus allowing the EU to...

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