WTO approves EU’s request to impose sanctions on US

Geneva, Oct 26 (Prensa Latina) The World Trade Organization (WTO) on Monday approved a request from the European Union (EU) to impose trade sanctions on the United States for its subsidies in favor of Boeing.

Share on facebook

Share on twitter

Share on whatsapp

Share on telegram

Share on email

Por: PRENSA LATINA

26 October , 2020 | 15:06

According to the WTO, the penalty will have to reach a maximum value of four billion dollars, proportional to the adverse effects on the European Union between September 2012 and September 2015.

The legal battle between the European community and the United States has a long history, as they accuse each other of benefiting their flag aeronautical companies, Airbus and Boeing, respectively.

That dispute is related to public aids that the United States granted to Boeing and the support for Airbus provided by the governments of the United Kingdom, France, Germany and Spain, which both parties consider illegal.

jg/jcm/tdd

BY THE MINUTE

US, Japan, South Korea discuss DPRK strategy

12:43 pm

Facebook

Twitter

Youtube

Search

Close

454 , E St. , Vedado, La Habana, Cuba.
Phones: (+53) 7 838 3496, (+53) 7 838 3497, (+53) 7 838 3498, (+53) 7 838 3499

Designed & diveloped by TI-Dev Department | Prensa Latina.