EU seeks $12bn in sanctions against U.S. over Boeing September 27, 2012 - 16:33 AMT PanARMENIAN.Net - The European Union is seeking some $12 billion in sanctions against the United States as part of a long-running dispute before the World Trade Organization involving subsidies to plane makers Airbus and Boeing, The Associated Press reported. The Geneva-based trade body said Thursday, Sept 27, that the EU plans request on Oct 23 the right to impose the sanctions. On Monday, the U.S. claimed it had complied with a March WTO ruling against illegal subsidies to Boeing by stopping some payouts to the company through NASA and the Pentagon and by removing some beneficial tax and funding policies. The WTO panel has also ruled that European governments provided $18 billion in subsidies to Airbus — though not all were deemed illegal.   Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion.   Partner news |  Latest news Titus, Bilirakis lead legislation to sanction Azerbaijani war criminals  Representatives Dina Titus (D-NV) and Gus Bilirakis (R-FL) have introduced the bipartisan legislation.Azerbaijan must respect human rights, Scholz tells Aliyev German Chancellor Olaf Scholz has called for greater respect for human rights in Azerbaijan.Armenia: Defense Ministry warns against involving army in political processes The Ministry’s statement came after a video surfaced online, showing soldiers joining the protests in Tavush.Scholz hopes Armenia-Azerbaijan peace treaty will be signed this year German Chancellor Olaf Scholz hopes that a peace treaty between Armenia and Azerbaijan will be signed this year. |
