The EU will appeal the WTO decision on Airbus
Posted by adminThe European Union announces it will appeal the conviction of the World Trade Organization (WTO) on subsidies provided to Airbus.
Airbus and Boeing accuse several years to receive public funding they deem illegitimate.
On 30 June, a panel of WTO experts found some illegal European subsidies provided to Airbus, a subsidiary of EADS, giving due in part to a U.S. complaint filed in 2004.
The appeal against this decision the EU will be filed before a special meeting of the Dispute Settlement Body of WTO, says a source close to the case.
The meeting, which started at 10:00, was convened at the request of the United States in the adoption of the June decision by the panel of experts, which would have forced the EU to end in 90 days to grant British, German and Spanish on the A380.
"This issue is too important to allow misinterpretations Group of Experts (DSB) without challenge," the EU trade commissioner Karel de Gucht, in a statement.
The call of the EU must be treated within 90 days, according to WTO rules.
In the day Wednesday, a lawyer for Boeing reported confidence in Boeing regarding this procedure.
"We are confident about the outcome of this appeal, as we were when the U.S. had opened the proceedings," said Robert Novick, a member of the firm WilmerHale.
"We are confident that the outcome of this appeal will be known by the end of the year."
A complaint against the European American aid mechanisms to Boeing would be decided on July 16, but the decision has been postponed to mid-September.
Louis Welsh, CEO of EADS, has held this postponement unfair.