WTO opens panel on Canada's Bombardier subsidies: Brazil ministry

Reuters

BRASILIA (Reuters) - The World Trade Organization opened a dispute settlement panel on Friday to rule on Brazil's complaint that Canada has hurt its commercial jet industry by subsidizing Bombardier Inc's <BBDb.TO> CSeries jets, the Brazilian foreign ministry said.

 

The chief executive of Bombardier's Brazilian rival Embraer SA <EMBR3.SA> told Reuters on Wednesday that a U.S. decision to slap steep anti-subsidy duties on the CSeries should bolster Brazil's case at the WTO.

 

(Reporting by Lisandra Paraguassu; Writing by Brad Haynes; Editing by Bernadette Baum)

 
 
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