Fidest – Agenzia giornalistica/press agency

Quotidiano di informazione – Anno 33 n° 335

WTO ruling in Boeing case: Statement by Trade Committee Chair

Posted by fidest press agency su venerdì, 16 ottobre 2020

Following the WTO authorization to levy EU sanctions worth $4 billion on US imports, trade committee Chair Bernd Lange (S&D, DE) made the following statement Tuesday.”We have been waiting for this decision for a long time. After 15 years, the European Union finally got the green light to impose rebalancing tariffs worth $4 billion. I sincerely hope that this decision will work as an incentive to end these disputes through a negotiated settlement. That should remain the absolute priority because in times like these we should, more than ever, work together and not against each other.I therefore call on both sides to enter into negotiations to reach a long-term agreement on civil aircraft subsidies. The mini-deal concluded between the EU and the US has already created a momentum.However, if there is no constructive engagement from the American side even after the presidential elections, the EU should not be naive. Instead, it should enforce its rights by putting in place the tariffs the WTO rules now allow the EU to impose. We will levy tariffs within the boundaries set by the WTO. These rules allow us to take countermeasures that safeguard the interests of the European Union”.


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