The following is excerpted from a 27 September 2012 news item by the World Trade Organization.
The European Union notified the WTO today, 27 September 2012, of its intention to request the Dispute Settlement Body (DSB) to grant authorization “to take countermeasures” against the United States for an approximate value of US$12 billion annually (EUR 9.35 billion) because of the US failure to withdraw subsidies in the dispute involving “Large Civil Aircraft” (DS353). In its communication, the European Union says it intends to put this request on the agenda of the regular DSB meeting of 23 October 2012. This request will be under Article 22.2 of the Dispute Settlement Understanding concerning failure to comply with DSB recommendations and rulings.
This news item is available in its entirety at:
http://www.wto.org/english/news_e/news12_e/ds353oth_27sep12_e.htm