Press Release: US-Boeing: EU rejects US unilateral abrogation of the 92 aircraft agreement

In a note verbale dispatched to the United States Government on 8 October 2004, the EU rejected the US unilateral abrogation of the EU-US 1992 agreement on large civil aircraft as being invalid under international law. The EU refuted the arguments used by the US for terminating the agreement as 'groundless and unsubstantiated' and in particular the allegations of EU non-compliance with the terms of the agreement. The EU also reiterated its strong concerns regarding the massive subsidies to be granted by the US to the Boeing 7E7 in violation of the 1992 Agreement and rejected the unilateral abrogation as an attempt by the US to escape from its obligations under the Agreement. The EU requested that both parties hold consultations before any definitive decision in the US is made in respect of the granting of support to the Boeing 7E7.