SAO PAULO (Reuters) – Brazil said on Thursday it was dropping a trade dispute against Canada over subsidies allegedly given to aircraft makers, instead seeking negotiations to come up with an international framework for state support of planemakers.
Brazil had launched the dispute in 2017, when Canada’s Bombardier was still making commercial planes, an operation which has since been sold to European planemaker Airbus. Brazil is home to Embraer, the world’s No. 3 jet manufacturer.
(Reporting by Marcelo Rochabrun; Editing by Christian Plumb)
