European Union
European Union Trade Commissioner Peter Mandelson has criticized America's "onesided view over subsidies" as the deadline to resolve the row over support to aviation giants Boeing and Airbus expired. The 90-day negotiation period has failed to reach an agreement, and both sides may resort to legal
European Union
The United States has indicated it will reopen a World Trade Organisation case against the European Union over "illegal" subsidies for Airbus, a move that has the potential to create transatlantic tension and threaten trade liberalisation talks. The decision comes after talks with the EU failed to reach
European Union
The row between the United States and the European Union over financial support for aircraft makers, Boeing and Airbus, has become a major obstacle to transatlantic cooperation. The dispute centers on whether the EU's assistance to Airbus is in compliance with international rules, while the US claims that
European Union
As a prominent neoconservative architect of the Iraq invasion, Paul D. Wolfowitz arrived in Brussels on Wednesday to reshape his image as the world's banker for the poor. The five-hour visit to Brussels met with a request from the European Union for a meeting, aiming to prove Wolfowitz&
European Union
Paul Wolfowitz, the US nominee to head the World Bank, has sought to ease European concerns about his management style by promising a truly multinational approach at the world's leading development institution. Appearing before European Union governors of the bank, Wolfowitz pledged to give the EU a regular
European Union
French President Jacques Chirac has expressed concerns about the proposed Services Directive, fearing it could lead to "social dumping" with jobs moving to cheaper labor markets in Eastern Europe. However, despite opposition from France, Germany, and other member states, the European Commission has agreed to revisit certain aspects
European Union
European Union leaders converged on the issue of economic revival, navigating the delicate balance between growth and social protection. German Chancellor Gerhard Schroeder and French President Jacques Chirac led the push for a review of the E.U. bill aimed at opening up the 25-nation market for cross-border businesses in
European Union
The US has called off talks with the European Union on an agreement to curb government subsidies for Airbus and Boeing, accusing the EU of refusing to negotiate in good faith. The breakdown in negotiations came after the EU failed to comply with a January 11 agreement to eliminate large
European Union
United States-European Union negotiations over aircraft subsidies have broken down, potentially leading to costly litigation at the World Trade Organization. The dispute has strained trans-Atlantic relations and would be the largest in WTO history. The United States and European Union have been accusing each other of paying out billions of
European Union
The EU's decision to complain to the WTO against Korea's export credits for shipbuilding has led to a significant shift in global market share. Between 1999 and 2002, Korea's share of world shipbuilding grew from 28% to 36%, while the EU's market
European Union
As China's massive market grab has been widely reported since the start of the year, India is quietly positioning itself as a viable alternative. The removal of the four-decades-old World Trade Organisation (WTO) textile quotas on January 1 has opened up new opportunities for the South Asian giant.
European Union
Efforts to finalize the World Trade Organization's (WTO) negotiations on industrial tariffs, special and differential treatment, and agriculture progressed at a recent meeting, with participants reaching a consensus on key principles, including the need for tariff cuts while recognizing development needs. The European Commissioner, Peter Mandelson, emphasized the
