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Brazil drops aero spat with Canada, seeks global subsidy pact

Publishing date: Feb 18, 2021 • February 18, 2021 • 3 minute read •
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Brazil on Thursday ditched a trade complaint against Canada over aircraft subsidies and called for wider negotiations between all aircraft producing nations to halt a slide toward aircraft trade wars, sidestepping the World Trade Organization.
The abrupt move by Brazil, home to the world’s third largest planemaker Embraer, comes as larger rivals Airbus and Boeing remain locked in a 16-year-old fight at the WTO that led to tit-for-tat transatlantic tariffs.
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UPDATE 2-Brazil drops aero spat with Canada, seeks global subsidy pact

2/18/2021
By Marcelo Rochabrun, Tim Hepher and Andrea Shalal
Feb 18 (Reuters) - Brazil on Thursday ditched a trade
complaint against Canada over aircraft subsidies and called for
wider negotiations between all aircraft producing nations to
halt a slide toward aircraft trade wars, sidestepping the World
Trade Organization.
The abrupt move by Brazil, home to the world s third largest
planemaker Embraer, comes as larger rivals Airbus
and Boeing remain locked in a 16-year-old fight
at the WTO that led to tit-for-tat transatlantic tariffs.
While the two giants dominate the market for large passenger
jets, Brazil has for years fought its own battles over the ....

United States , Andrea Shalal , Joe Biden , Emelia Sithole Matarise , Guillaume Faury , William Reinsch , Marcelo Rochabrun , Kirsten Donovan , Arjan Maijer , Tim Hepher , Bombardier Cseries , Organization For Economic , World Trade Organization , Adds Embraer Commercial , World Trade , Economic Cooperation , Commercial Aviation Chief Executive Arjan Maijer , International Studies , Executive Guillaume Faury , Christian Plumb , For Restrictions , ஒன்றுபட்டது மாநிலங்களில் , ஆண்ட்ரியா ஷாலால் , ஓஹோ பிடென் , கர்ஸ்டந் டொநொவந் , ஆர்கநைஸேஶந் க்கு பொருளாதார ,