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Statement by Karel De Gucht on a WTO Airbus Case

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On 18 May 2011, Karel De Gucht, Member of the EC in charge of Trade, welcomed the WTO Appellate Body report on the Airbus case. The Appellate Body has overturned several key findings made by the Panel. Most importantly, the Appellate Body found that support provided by Germany, Spain and the UK for the launch of Airbus' A380 aircraft is not a prohibited export subsidy under WTO Law. It also rejected the US appeal that other instances of Repayable Launch Investment (RLI) were export subsidies. Since October 2004, the EU and United States have been contesting at the WTO their Governments' respective support to their aerospace industries. Both WTO challenges relate to alleged illegal WTO support to Airbus and Boeing respectively over a 20 to 30 year period.
SHOTLIST INFO PRESS

Type: EbS   Reference: 77496   Date: 18/05/2011   Duration: 00:03:04
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