Brazilian and Canadian officials met in Geneva in an attempt...

Brazilian and Canadian officials met in Geneva in an attempt to find a settlement to the dispute. The trade dispute between Brazil and Canada centred on Brazil's alleged subsidization of its aerospace industry. Specifically, Canada claimed that Brazil had used prohibited subsidies to help Embraer, a Brazilian aircraft manufacturer, compete unfairly with Bombardier, a Canadian aircraft manufacturer. In response, Canada requested that the World Trade Organization (WTO) impose $468 million in annual trade sanctions against Brazil. Brazil disputed the claims and argued that Canada itself provided subsidies to Bombardier.

Thursday, 22 June, 2000