EU Trade Lawyers To Japan: Where Were You On The Night Of... | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Recent Daily Episodes

Episode Date

Monday

Tuesday

Wednesday

Thursday

Friday

Airborne On ANN

Airborne 09.19.16

Airborne 09.20.16

Airborne 09.21.16

Airborne 09.22.16

Airborne 09.23.16

Airborne Hi-Def On YouTube

Airborne 09.19.16

Airborne 09.20.16

Airborne 09.21.16

Airborne 09.22.16

Airborne 09.23.16

Fri, Oct 08, 2004

EU Trade Lawyers To Japan: Where Were You On The Night Of...

Airbus Defenders Question Tokyo About Aid To Boeing

What started as a disagreement over the way commercial aircraft R&D is funded has grown into a trade war between the EU and the US and now, other countries are being dragged into the middle of the fighting. The EU now wants to know more about Japan's funding of Boeing's 7E7 Dreamliner.

The questions came just a day after the Bush administration took its beef over government subsidies for Airbus to the World Trade Organization. The US also scrapped a 1992 agreement by which such subsidies have been governed.

"The decisions by the US and the EU will also have a collateral effect on Japan’s contribution to the development and the building of Boeing’s new 7E7 airliner," said Etienne Reuter, head of public affairs at the European Commission delegation in Tokyo, in an interview with the London Financial Times. "The important subsidies that Japan has pledged to this project had indeed been perceived in the market as a circumvention of the EU-US agreement in 1992."

The EU says Japan has dedicated $1.6 billion to developing the 7E7, parts of which will be built in the Land of the Rising Sun. But the Japanese, like a lot of people in global aviation, are getting a little nervous. "We are carefully monitoring the progress of the WTO negotiations," one Japanese trade official told the Financial Times, "and keeping our fingers crossed that it will not lead to trade friction. But this is an issue that could open a Pandora’s box with regard to the 7E7."

FMI: www.boeing.com, www.airbus.com, www.wto.org

Advertisement

More News

AeroSports: EAA Surpasses 200,000 Members

The Association Continues To Grow And Engage Flying Enthusiasts EAA has reached a major milestone, as the association has surpassed 200,000 members. It appears that more and more p>[...]

Klyde Morris (09.26.16)

Klyde Can't Miss The 'TSA Obnoxious Olympics' FMI: www.klydemorris.com>[...]

Airborne 09.23.16: GA Pilot Sues SFO, Drone Legalities, EAA Hall Of Fame

Also: Zenith Open Hangar Days, KSMO Nonsense, Recalled Devices, Piper M600, 800th TBM, NASAO, Commercial Space The pilot of the last piston airplane based at San Francisco Internat>[...]

Aero-News: Quote of the Day (09.26.16)

"At this stage of the investigation, preliminary review of the data and debris suggests that a large breach in the cryogenic helium system of the second stage liquid oxygen tank to>[...]

SpaceX On Track To Determining AMOS-6/Falcon 9 Accident Cause

'Anomaly' Resulted In Loss of Rocket, Payload and Extensive Launch Complex Damage As promised, SpaceX is starting to reveal details of their investigation into the catastrophic los>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2016 Web Development & Design by Pauli Systems, LC