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WTO panel slams EU aid for Airbus |
2010-07-01 14:21:21 作者： 来源：Agencies 点击数： |
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GENEVA – World Trade Organization judges gave the European Union a stinging rebuke on Wednesday, saying the EU must axe prohibited export subsidies to plane-maker Airbus which had injured US rival Boeing.
The WTO panel concluded Airbus had been able to launch a series of passenger jets only thanks to subsidies from the EU and member states Britain, France, Germany and Spain, without which it would be a very different and much weaker company.
The ruling marks a big setback for Airbus, but is not the end of its battle -- the world's largest and costliest trade dispute -- with Boeing over subsidies in the market for large civil aircraft worth $3 trillion over the next 20 years.
"These subsidies have greatly harmed the United States, including causing Boeing to lose sales and market share. Today's ruling helps level the competitive playing field with Airbus," US Trade Representative Ron Kirk said in a statement.
"President Obama and I are committed to enforcing our trade agreements and, when necessary, using the dispute settlement process that is consistent with the rules-based global trading system at the World Trade Organization."
If the ruling is upheld on appeal and the EU refuses to stop the offending practices, the United States could ask the WTO for permission to slap sanctions on EU goods.
The WTO panel found that British, German and Spanish aid to Airbus for its flagship 525-seat A380, the world's largest airliner, amounted to illegal export subsidies and must be corrected within 90 days. Boeing estimated the loans at $4 billion but Airbus declined to provide an estimate.
The WTO found that British, Spanish and German loans for the A380 contained illegal export aid but cleared a French loan.
Airbus: No Requirement
Allan McArtor, chairman of Airbus Americas, said the company was not obligated to repay any subsidies found by the WTO panel or any outstanding government loans.
"There is no requirement to repay anything in the WTO process," McArtor said in an interview.
The ruling, which Airbus hopes the EU will appeal, only imposes a future obligation on European governments that provide launch aid, he said.
Boeing said Airbus must repay $4 billion in illegal aid for the A380 or "restructure the A380's financing to proven commercial terms.
The European Commission said it would decide shortly whether to appeal the 1,000-page Airbus ruling, and reiterated a call for negotiations.
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WTO panel slams EU aid for Airbus
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WTO panel slams EU aid for Airbus
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