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Boeing-Airbus Talks Face Difficulties  
User currently offlineLeelaw From , joined Dec 1969, posts, RR:
Posted (9 years 10 months 2 weeks 6 days 20 hours ago) and read 1943 times:

WSJ 02/10/05:

While the U.S. and European Union agree that their respective subsidies to Boeing Co. and Airbus should be eliminated, it will be difficult to come up with a way to do so, EU Trade Commissioner Peter Mandelson said.

"I have no illusions about the difficulty of reaching an agreement," Mr. Mandelson told reporters before leaving for a meeting in Washington today with U.S. Trade Representative Robert Zoellick. "You have to reach an outcome that offers fair competition to Boeing and Airbus. That's hard."

....Mr. Mandelson said the EU will also urge Congress to comply with a World Trade Organization ruling that so-called U.S. Byrd Amendment antidumping rules should be eliminated.

...Mr. Mandelson said it is important to conclude the talks as quickly as possible because of the uncertainty that now hangs over both aircraft makers. "It's not fair to the companies concerned to continue [talks] indefinitely," he said.

3 replies: All unread, jump to last
 
User currently offlineN79969 From , joined Dec 1969, posts, RR:
Reply 1, posted (9 years 10 months 2 weeks 6 days 20 hours ago) and read 1935 times:

The EU is right about the Byrd Amendment. That is an absurd piece of law that should be eliminated.

User currently offlineYAK42 From Ireland, joined Oct 2000, 801 posts, RR: 6
Reply 2, posted (9 years 10 months 2 weeks 6 days 9 hours ago) and read 1772 times:

What exactly is the Byrd amendmant?

User currently offlineLeskova From Germany, joined Oct 2003, 6075 posts, RR: 70
Reply 3, posted (9 years 10 months 2 weeks 6 days 9 hours ago) and read 1749 times:

More on the Byrd Amendment...

http://www.ebearing.com/legislation/2000act.htm

Regards,
Frank



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