The Brazilian government has filed its first written submission to the dispute settlement panel at the World Trade Organization (WTO) in Geneva.
The Panel is examining more than $4 billion in subsidies that Bombardier received from the Governments of Canada and Quebec. In 2016 alone, these governments provided over USD 2.5 billion to the Canadian aircraft manufacturer, Embraer said in a statement Friday.
The Submission provides detailed legal and factual argument regarding why the 19 subsidies to Bombardier for its C-Series aircraft (now renamed as the Airbus A-220 aircraft) are inconsistent with Canada's WTO obligations. The Brazilian Government’s understanding, shared by Embraer, is that the Canadian Government’s subsidies to Bombardier violate these obligations, the company release stated.
“Canada's subsidies have allowed Bombardier (and now Airbus) to offer its aircraft at artificially low prices. These subsidies, which have been fundamental in the development and survival of the C-Series program, are an unsustainable practice that distorts the entire global market, harming competitors at the expense of Canadian taxpayers. Embraer considers that this proceeding will help to restore a level playing field and ensure that competition in the commercial aircraft market is between companies, not governments,” said Paulo Cesar de Souza e Silva, Embraer’s President & CEO.
In December 2016, the Council of Ministers of the Brazilian Foreign Trade Chamber (CAMEX) authorized the opening of dispute settlement proceedings against Canada. In February 2017, Brazil formally requested consultations with the Canadian Government at the WTO, and because consultations were unable to resolve the dispute, the Panel was formally established in September 2017.
Embraer has completed Troop unloading, evacuation by hatch and evacuation tests through the front and rear doors of the KC-390 airlift. The tests were held at Brasília Air Force Base, Brazil
Embraer has completed the maiden flight of the first series production multi-mission medium airlift KC-390. As agreed with the Brazilian Air Force, the aircraft will now join the flight test campaign, in which more than 1,900 flight hours have already been logged
Boeing and Embraer are in talks to set up an assembly line for the production of KC-390 cargo jets in the United States. The two aircraft manufacturers announced a deal for sales and services partnership on the new KC-390 jets through a separate defense venture that they said was likely to eventually receive a joint investment in July,
Boeing and Embraer today announced they have signed a MoU to set up a joint venture comprising the commercial aircraft business of Embraer that would strategically align with Boeings commercial development, production, marketing and lifecycle services operations. Under the terms of the agreement, Boeing will hold an 80 percent ownership stake in the joint venture and Embraer will own the remaining 20 percent stake
Canada has received the first two F/A-18 multirole combat fighter jet from the Government of Australia. “Today, the Royal Canadian Air Force (RCAF) marked the arrival of the first two interim fighter aircraft, an important milestone and investment in sustaining our current CF-18 Hornet fleet,” Canadian Ministry of Defense said in a statement Sunday
Canada's Combat Ship Team comprising of BAE Systems, CAE, Lockheed Martin Canada, L3 Technologies, MDA and Ultra Electronics as partners has been awarded the Canadian Surface Combatant (CSC) design contract by Irving Shipbuilding. Irving Shipbuilding is the CSC prime contractor and will build all 15 ships at Halifax Shipyard, Lockheed Martin said in a statement Friday
The Brazilian Navy will receive the first of eight upgraded AgustaWestland Super Lynx AH-11B helicopters in February. Leonardo Helicopters is modernizing the helicopters under a June 2014 contract issued by the Brazilian Navy Aeronautical Directorate (DAerM) for $113 million,
Indian HALs Light Utility Helicopter (LUH) project moved closer to production clearance with the flight of the third prototype yesterday, which is built to the standard of deliverable configuration. HAL flew the third prototype (PT3) for the first time on December 14, 2018
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