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The European Commission has prolonged the Framework on State aid
rules for shipbuilding for three more years, until 31 December 2011. 

The Framework's main principle is that horizontal State aid rules apply
to shipbuilding except where specific provisions apply that reflect the
specific characteristics of the shipbuilding industry and market. The
specific provisions contained in the Framework concern regional aid,
closure aid, export credits, development aid, employment aid and aid
for research, development and innovation.

The Framework's rules on innovation aid are specific to the shipbuilding
industry and have had as yet limited application. The Commission wishes
to continue applying these rules and assess their impact on fostering
innovation in the sector.


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Last Updated: 17 July 2008