(Belga) The United Kingdom, following in the footsteps of the European Union, has reached a compromise with the United States over the long-running dispute over subsidies to both sides for aircraft manufacturers Boeing and Airbus. Earlier, Brussels and the United States also reached an agreement in this seventeen-year-old issue.
For years, Europe and the United States have accused each other of unfairly favoring aircraft manufacturers. They have imposed billions of euros and dollars as punitive measures on each other because Washington, according to the Europeans, illegally subsidizes Boeing and Airbus, jointly owned by Germany, France, Spain and the United Kingdom, and has received illegal subsidies according to the United States. The European Union and the United States earlier said they would freeze the sanctions for five years. At that time a structural solution must be found. The British and Americans concluded a similar agreement. (Belgium)
For years, Europe and the United States have accused each other of unfairly favoring aircraft manufacturers. They have imposed billions of euros and dollars as punitive measures on each other because Washington, according to the Europeans, illegally subsidizes Boeing and Airbus, jointly owned by Germany, France, Spain and the United Kingdom, and has received illegal subsidies according to the United States. The European Union and the United States earlier said they would freeze the sanctions for five years. At that time a structural solution must be found. The British and Americans concluded a similar agreement. (Belgium)
