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DEFENCE INDUSTRY AND DUAL USE GAZETTE NOTIFICATION

Council Decision (EU) 2025/542 of 18 March 2025 establishing the position to be taken on behalf of the European Union regarding the decision of the Participants to the Sector Understanding on Export Credits for Civil Aircraft contained in Annex III to the Arrangement on Officially Supported Export Credits on amendments to that Sector Understanding

Date: 21st March 2025
Jurisdiction: European Union
European Union

Read or download the official PDF of this gazette notification issued by the Council of the European Union on 21st March 2025.

Official Gazette Notification Text

Official Transcript

Official Journal EN of the European Union L series 2025/542 21.3.2025 COUNCIL DECISION (EU) 2025/542 of 18 March 2025 establishing the position to be taken on behalf of the European Union regarding the decision of the Participants to the Sector Understanding on Export Credits for Civil Aircraft contained in Annex III to the Arrangement on Officially Supported Export Credits on amendments to that...

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  • ✓ The Council Decision (EU) 2025/542 establishes the European Union's position regarding amendments to the Sector Understanding on Export Credits for Civil Aircraft (Aircraft Sector Understanding).
  • ✓ The EU supports the amendments to the Aircraft Sector Understanding, which aims to provide legal certainty and strengthen the level playing field among participants regarding the support of maintenance and service contracts, spare parts, and engine kits exports related to aircrafts covered by the Aircraft Sector Understanding.
  • ✓ The decision focuses on amending the Aircraft Sector Understanding contained in Annex III to the Arrangement on Officially Supported Export Credits.
  • ✓ The amendments address the support of maintenance and service contracts, spare parts, and engine kits exports related to civil aircraft.
  • ✓ The goal of the amendments is to provide legal certainty and strengthen the level playing field between Participants to the Aircraft Sector Understanding.

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