Sep 15 2010

BOEING RECEIVED SUBSIDIES

U.S. Senator Richard Shelby (R-Ala.), a member of the Defense Appropriations Subcommittee, today issued a statement regarding the World Trade Organization’s ruling on the pending trade dispute regarding subsidies for aerospace development.  Based on the preliminary confidential report and the limited details released today, the World Trade Organization confirmed that Boeing has in fact received subsides for aircraft development.

“Today’s preliminary ruling clearly states that Boeing was involved in practices prohibited by the World Trade Organization.  While the confidential nature of this report will allow Boeing supporters to attempt to spin the facts in the media, it is clear that they can no longer rationally claim that this trade dispute is one sided.  In fact, it is quite the contrary.  However, as I have continuously said, we must not allow either report to delay the tanker replacement program or muddy the competition with politics.  Our goal must remain the same – deliver the best, most capable aircraft for the warfighter at the best value for the taxpayer.”