Tuesday, December 21, 2010

Airbus, Boeing battle of the century! .Trade war broke out in Europe and America.

<P Class=fp> <! - Endclickprintexclude -> Trade officials increasingly intense dispute is concerned about damage to the global trading system. .Prior to European and U.S. subsidies to aircraft in the World Trade Organization (WTO) further strife. .</ P ><!-- startclickprintexclude -> <NOSCRIPT> </ NOSCRIPT ><!-- endclickprintexclude -> <P> the European Union yesterday said it would restart the stalled WTO litigation, prosecution of U.S. support for Boeing (Boeing .) action in retaliation for the U.S. decision. .The United States announced late on Monday, will begin the first phase of the litigation, sued the European Union to Airbus (Airbus) to provide loans. .</ P> <P> Boeing and Airbus in the escalation of the dispute, the relevant increase in Chinese textile conflict, China strongly criticized the United States and European Union limits on Chinese exports plan. .Some officials said that such tensions threaten Doha round of trade liberalization talks. .December this year will be held in Hong Kong WTO Ministerial Conference, and in the negotiations before the process has been behind schedule. .</ P> <P> but the United States and the European Union, said the series of disputes does not make efforts to promote global trade liberalization tends to stagnate. .• EU Trade Commissioner Peter Mandelson (Peter Mandelson) said the decision on the initiation of proceedings sorry, even though the current situation in the Doha Round negotiations "alarming." .He said the lawsuit may be expanded to Japan also involved, because Boeing will subcontract part of their production to Japan. .</ P> <P> "Nothing contained in the Doha round, are far more hate between the two companies are basically out of the conflict is more important," Mr Mandelson said. .He added: "I firmly believe, no matter how bloody dispute Geneva plane, but personal relationships are not destroyed, the key negotiators do not fall out." </ P> <P> strong opposition from the U.S. Trade Representative's office in the United States .against global trade point of view. .U.S. officials noted that the World Trade Organization on U.S. steel tariffs and the foreign sales tax prosecution, and the European Union ban on genetically modified food, did not prevent the sides of the Atlantic in cooperation in the global trade talks. .</ P> <P> Mandelson said yesterday that Airbus - Boeing may not have the results of litigation. .He hinted that, even if one of the parties in Geneva to make clear the Commission an adverse decision, but because of this great commercial and political interests relevant to the verdict can not be implemented. .</ P>.

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