In response to
the findings of the WTO Appellate Body, Business Secretary Vince
Cable, said:
"I greatly welcome today’s findings from the WTO
Appellate Body. The WTO has finally rejected the US’ main
allegations of illegal EU support to Airbus, and has endorsed the
principle of European Governments providing repayable loans to
companies to contribute towards the development of new aircraft.
“I am pleased the report also reverses a number of the other
findings made by the original panel, and concludes that any
adverse impact on Boeing is far lower than has been alleged. The
findings that remain against Europe are now much more limited in
scope but we will, of course, work to address them.
“The WTO's conclusions confirm that this has been an
unproductive and costly process, which has not served the
interests of taxpayers or industry in either Europe or the US."
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