France says will respect WTO decision on Airbus aid

France will respect its international commitments to comply with a WTO ruling on Tuesday against EU subsidies to Airbus, the French government said. The WTO said the EU had failed to remove support for the world’s largest airliner, the A380, and Europe’s newest long-haul plane, the A350, causing losses for US rival Boeing and US aerospace workers. “With the European Commission and out of respect for international trade rules, France confirms its intention to respect its international commitments by soon adopting new compliance measures,” the foreign, finance and transport ministers said in a joint statement. It added that the French government would closely watch a WTO decision expected in 2019 on U.S. aid to Boeing in a parallel case.<br/>
Reuters
https://www.reuters.com/article/us-eu-usa-wto-france/france-says-will-respect-wto-decision-on-airbus-aid-idUSKCN1IG2H3
5/16/18