EU wants swift resolution of aircraft dispute with Biden
World+Biz
31 December, 2020, 05:20 pm
Last modified: 31 December, 2020, 05:21 pm
The Commission, which coordinates trade policy for the 27-nation European Union, said it regretted the US action, which "unilaterally" disrupted ongoing talks about subsidies for European planemaker Airbus and US rival Boeing
Among the EU’s problems is that it has both a north-south divide – because of the poor design of the euro zone – and an east-west divide. Photo: Bloomberg
The European Commission said on Thursday that new US tariffs on EU products disrupted ongoing negotiations with Washington to resolve a 16-year battle over aircraft subsidies and it hoped to find a swift solution with the next US president, Joe Biden.
The Commission, which coordinates trade policy for the 27-nation European Union, said it regretted the US action, which "unilaterally" disrupted ongoing talks about subsidies for European planemaker Airbus and US rival Boeing .
"The EU will engage with the new US administration at the earliest possible moment to continue these negotiations and find a lasting solution to the dispute," it said in an emailed statement.
Comments
While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.