Thursday, February 26, 2015

WTO Dispute Resolution Panel Established in Latest EU-US Aircraft Dispute

In this latest development in the long-running saga between the United States (US) and European Union (EU) over subsidies provided to large commercial aircraft companies, the World Trade Organization (WTO) has established a dispute resolution panel to hear the EU's latest complaint regarding allegedly improper tax incentives provided by the U.S. State of Washington to a large commercial aircraft carrier (i.e., Boeing).  The EU invoked the "fast track" procedures available under the Subsidies and Countervailing Measures (SCM) Agreement, alleging that the conditional tax incentives constitute a prohibited subsidy under that Agreement.  The matter is referred to as US-Conditional Tax Incentives for Large Civil Aircraft (DS487).

In other WTO news, the WTO Dispute Resolution Body elected a new Chair - Ambassador Harald Neple of Norway.

For more information regarding other recent WTO activities relating to dispute resolution matters, visit the WTO website.

(cgb)

https://lawprofessors.typepad.com/international_law/2015/02/wto-dispute-resolution-panel-established-in-latest-eu-us-aircraft-dispute.html

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