US trade rep warns EIB Airbus loan threatens transatlantic aviation truce
Briefing by News4U · First published
US Trade Representative Jamieson Greer said a $3.4 billion EIB loan to Airbus risks the five-year US-EU large civil aircraft truce.
Sina Finance reported that US Trade Representative Jamieson Greer warned the European Union that a $3.4 billion loan from the European Investment Bank to Airbus threatens the fragile five-year truce in large civil aircraft trade. [1]
Greer said his office has not received details on the June loan despite repeated requests, adding that the situation creates uncertainty for transatlantic aerospace trade and must be resolved to ensure market-based production and compliance with the LCA agreement. [1]
Sources
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