Talks on Airbus subsidies hit snags
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Bee Washington Bureau. WASHINGTON - Trying to avert a trans-Atlantic trade war over government subsidies to Airbus, US and European negotiators found little to agree on Thursday during a five-hour meeting in Brussels, Belgium.
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Two of US Trade Representative Robert Zoellick&#39;s top aides are in Brussels today meeting with their European Union counterparts trying to put an end to what the US claims are unfair subsidies to Airbus Industries.
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World Trade Organization (WTO) talks on a transatlantic row over plane subsidies will bring no quick fix for what could be the biggest commercial dispute in WTO history, officials and analysts warned on Wednesday.
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The United States and Europe on Wednesday filed tit-for-tat World Trade Organization complaints over billions of dollars in subsidies for top aircraft manufacturers Airbus and Boeing.
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Airbus has criticised a US move to take a fight about subsidies to the World Trade Organisation, saying it shows its rival&#39;s unwillingness to address its own subsidies.
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The European aircraft manufacturing group Airbus believes it will benefit from a US decision to take a subsidy dispute to the WTO, since the move will destabilize development of the 7E7 by US rival Boeing, EU Trade Commissioner Pascal Lamy said here
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The United States said on Tuesday it may  soon take legal action in a trade row over government help for  Airbus and Boeing, particularly as the European aircraft maker  was seeking support for a new project. Washington and Brussels  have so far resisted launching legal action at the World Trade  Organization (WTO) in their battle over allegations of illegal  subsidies to the aviation rivals, but that option may now be  just weeks away.
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The transatlantic dispute over state aid for rivals Airbus and Boeing, the worldâs two biggest aircraft makers, is set to drag on beyond Novemberâs US presidential elections after US and European Union negotiators yesterday failed to make headway.
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US and EU negotiators disagreed on Thursday about state aid for aircraft rivals Airbus and Boeing, winding up no closer on a sensitive issue that has gathered steam before the US presidential election.
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The European Union and United States moved a step closer to an aviation trade war after failing to reach agreement during talks on subsidies to Airbus Industrie.
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European aircraft maker Airbus on  Thursday criticized a U.S. move to take a fight about subsidies  to the World Trade Organization (WTO), saying it showed its  rival's unwillingness to address its own subsidies.
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Prospects for a speedy settlement in the tit-for-tat transatlantic clash over aircraft subsidies appeared dim on Wednesday as a case involving Boeing Co  resumed at the World Trade Organisation (WTO).
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Prospects for a speedy settlement in the  tit-for-tat transatlantic clash over aircraft subsidies  appeared dim on Wednesday as a case involving Boeing Co   resumed at the World Trade Organisation (WTO).
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BRUSSELS/BANGKOK  - The EU on Wednesday backed Airbus in a row over state subsidies with U.S. rival Boeing Co.  while yet another client of the European planemaker threatened to cancel orders for the A380 superjumbo.
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Legal action is threatened after American and European trade leaders fail to agree on how government can help the aerospace rivals.
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As Airbus chipped away at Boeing&#39;s dominance of the commercial-airplane market throughout the 1990s, Boeing grumbled that European subsidies gave its rival an unfair edge by lowering the amount of cash Airbus needed to develop new jets.
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The European Union rejected a request by the United States to eliminate public subsidies for the aerospace groups Airbus and Boeing, a European Commission spokesman revealed.