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  • U.S. Ready To Return Airbus Case to World Trade Organization

    05/26/2005 4:26:08 PM PDT · by Righty_McRight · 3 replies · 336+ views
    The United States has warned that it is going to proceed “promptly” with a World Trade Organization (WTO) subsidy case against the European Union (EU) unless the Europeans change their position on aid for the development of new Airbus aircraft. Testifying May 25 before a House of Representatives Transportation and Infrastructure subcommittee, Deputy U.S. Trade Representative Peter Allgeier said that a negotiated agreement on ending so-called launch aid and other trade-distorting aircraft subsidies would be preferable to litigation. But he added that the Bush administration is “fully prepared” to move forward with the 2004 WTO case and believes it has...