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BRAZIL: $1,3 BILLION FINE FOR HELPING EMBRAER
SAO PAULO, The World Trade Organization fined Brazil for $1,3 million for having helped the export of Embraer's planes with government funds. As it is known, Embraer belongs to the government. Bombardier, the canadian aerospace industry, said it was deeply damaged because of this situation, so that he asked for a compensation for USD 3,3 million. Some members of brazilian and canadian government...
AVIONEWS - World Aeronautical Press Agency