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European Union Leaders Should
End Unfair European Union Subsidies to
Harmonize the Global Market

The European Commission (EC) should have a new agreement to replace the 1992 U.S.-E.U. Agreement on Large Civil Aircraft. The agreement should places limits to one-third the costs of developing a new aircraft.

The United States and Europe share a trillion dollar economic relationship, and have worked closely on many trade fronts in recent years, most importantly on mutual efforts to advance trade liberalization efforts in the Doha negotiations. Both parties recognize the appropriateness of using the WTO process to resolve trade disputes. (8)

Airbus needs to stop excusing $3 billion in tax breaks to build its 787 in Washington State. If the resources supporting is the problem. What about the 1992 agreement was negotiated, Airbus accounted for only about 30 percent of the global market. It now represents more than 50 percent of this market. Clearly, the 1992 agreement has outlived its usefulness.(8) It is absolutely unfair for the Boeing Company and for other industries for a long time.......Heavens, more than 29 years of Long Time EU subsidies......Definetely, needs some economic healing process.....for the Boeing Company and around the world........global reaction.......

Airbus and European Union leaders should end unfair subsidies issue. These issue are getting more serious problem and like what Senator Murray's remarks "Unfortunately, Europe has never taken these talks or this issue seriously," Murray said. "Our willingness to seek a negotiated settlement has been greeted by more arrogant entitlement from Airbus and its European backers. While publicly committed to negotiations, Airbus and European leaders have been working behind the scenes to continue subsidies to Airbus in spite of U.S. threats to file a WTO case." (1)

Under a bilateral agreement between the United States and the European Union, Airbus can receive up to a third of the development costs for a new jet from European governments.

Speaking of a bilateral agreement the United States and the European Union, President George Bush just attended a bilateral meeting, Presidents George W. Bush and Jacques Chirac of France, and President George W. Bush delivered a foreign policy speech at the Concert Noble Ballroom, Brussels, Belgium, and attended the NATO Summit, in Brussels, Belgium, Monday, Feb. 21, 2005. I thought President George bush was diplomatic and made relationship stronger between Europe and U.S.A.

It is something that I can related with President George Bushe's Remarks in Brussels Belgium, February 21, 2005:

"Today, America and Europe face a moment of consequence and opportunity. Together we can once again set history on a hopeful course -- away from poverty and despair, and toward development and the dignity of self-rule; away from resentment and violence, and toward justice and the peaceful settlement of differences. Seizing this moment requires idealism: We must see in every person the right and the capacity to live in freedom. Seizing this moment requires realism: We must act wisely and deliberately in the face of complex challenges. And seizing this moment also requires cooperation, because when Europe and America stand together, no problem can stand against us." (3)

If this great statement does not mean anything to stop EU subsidies, we sure do have some serious concern. What is this mean to Europe and America stand together? "President George W. Bush( in May 7, 2001) pursued The United States and the European Union share the largest bilateral trade and investment relationship in the world, accounting for over $1.5 trillion. In order to ensure that this critically important economic relationship continues to thrive, President Bush and his EU counterparts established in 2002 the "Positive Economic Agenda" to advance bilateral cooperation to reduce trade frictions and foster expanded transatlantic commerce. (7) I am sure these numbers has grown over the years.....

As what President George Bush says in Brussels, Belgium, Monday, Feb. 21, 2005 "We must act wisely and deliberately in the face of complex challenges. And seizing this moment also requires cooperation, because when Europe and America stand together, no problem can stand against us."(3) I can relate this statement to stop European Union subsidies, too..........

President George met with European Union President Jean-Claude while at the NATO Summit in Brussels Tuesday, Feb 22, 2005, President George Bush addressed that " We have established is that, as so often in our past, if we work together, if we pull our strengths, we as Europeans and Americans, can make the difference"

President Bush emphasized that the European Union work out whatever differences there are and become a continued, viable, strong partner. It's in our interests for commercial reasons; we trade a lot. And I talked about the need to continue trade and to work out our disputes in a sensible way.

President Putin even mentioned that they are engaged in a constructive political dialogue, and discovering new opportunities for joint business, cultural, and scientific initiatives. President Putin even thank the President of the United States for the serious message that his negotiators noticed in the course of negotiations, a message aimed at resolving all the problems that stand in the way of Russia's accession to the WTO. He addressed that not only Russian economy, but also the U.S. economy are interested in the positive outcome. (4)

February 24, 2005, President and Slovakian Prime Minister Dzurinda Discussed foreign Policy and appreciated presenting the basic orientation of their foreign policy and the role of the United States, doing a lot of things in the world. He stated that U.S. President is really very strong and courageous leader. President Bush appreciated to the Prime Minister for his vision on foreign policy.(5)

Here is what President Barroso said during EU leaders meeting "on behalf of the European Commission, that the visit of President Bush is really a very, very important one. Europe and America have reconnected. This visit has highlighted all that unites Europe and America; it has focused the eyes of the world on all that we share. I believe that the relationship between the United States and Europe is the world's strongest, most comprehensive and strategically important partnership. The United States, a united Europe, this is really the indispensable partnership." also he mentioned that "we must try, and I believe that together we will prevail."

"Europe knows that; the United States knows that. Even working together, it's not sure that we will solve these problems because of their magnitude. But we must try, and I believe that together we will prevail. The reality is that the world is safer and more prosperous when Europe and America work together as global partners."

President Barroso also addresed that The United States and Europe are the two largest economies in the world. They are determined to deepen the transatlantic economic partnership. Trade and investment are the bedrock of transatlantic relations. We want to build on this. (6)

It is positive to see the positive output and great statements from the European Union Leaders: strength and global partners, the bedrock of transatlantic relations, and want to build strong relations with Europe and United States. Hope all of these comes an ACTION LIKE REAL WORLD LEADERS. Hope all these great statements keep as an action and show to the world as what they say. It is our hope and prayer that LONG TIME UNFAIR SUBSIDIES RESOLVE CONSTRUCTIVE WAY AND MAKE IT FAIR GLOBAL MARKET FOR THE BOEING COMAPNY AND For ALL.....Hopefully, the world will see no more EU Subsidies....and U.S and the world will see the harmonized fair global market.

References:

(1) Retrieved March 20, 2005,

http://seattlepi.nwsource.com/business/216658_boeingairbus19.html

(2) Retrieved in October 7, 2004:
http://www.whitehouse.gov/news/releases/2004/06/20040626-12.html

For Immediate Release Office of the Press Secretary June 24, 2004

(3) Retrieved in March 20, 2005

http://www.whitehouse.gov/infocus/europe/2005/

(4) Retrieved in March 20, 2005

http://www.whitehouse.gov/news/releases/2005/02/20050224-9.html

(5) For Immediate Release Office of the Press Secretary February 24, 2005

http://www.whitehouse.gov/news/releases/2005/02/20050224.html

(6) President Meets with E.U. Leaders
For Immediate Release Office of the Press Secretary February 22, 2005

http://www.whitehouse.gov/news/releases/2005/02/20050222-8.html

(7) Retrieved in January 11, 2005 For Immediate Release Office of the Press Secretary dated, November 26, 2004 http://www.whitehouse.gov/news/releases/2004/11/20041126.html

(8) Retrieved in March 21st, 2005

http://www.useu.be/Categories/AircraftSubsidies/Oct0504WTOAirbusBoeing.html

Reported By: Catch4all.com, Positive Site: Sandra Englund se@catch4all.com, March 20, 2005.

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