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Brazil weighs WTO challenge to Bombardier funding

Brazil may launch a trade challenge against Canada over state funding to struggling planemaker Bombardier Inc that could hurt Brazilian rival Embraer, Foreign Minister Jose Serra told Reuters on Thursday.


July 15, 2016
By Reuters

Serra, a former presidential candidate who took over the ministry two months ago, said a $1 billion investment in Bombardier from the province of Quebec was a “subsidy” and gave the company an unfair advantage against Embraer. | READ MORE