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You are here: Home Archive 2010 January Weekly Edition 14th January 2010 Open season begins on shipyard sweeteners

Open season begins on shipyard sweeteners

by TOM LEANDER last modified Jan 15, 2010 09:45 AM

The multilateral fight against state aid for shipbuilders is intensifying with calls for greater transparency and new reporting rules. China and South Korea in particular face greater scrutiny over indirect subsidies, reports TOM LEANDER

IT DOES not feel right, somehow, that nations should be prevented from protecting their shipyards. It is like telling parents not to pay for private schooling to seek advantage for their children.
And in recent history, state subsidies have been...

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