Tuesday, June 15, 2021

USTR Announces Joint U.S.-E.U. Cooperative Framework for Large Civil Aircraft

On June 15, 2021, the United States and the European Union announced a cooperative framework to address the large civil aircraft disputes. The agreement moves away from past confrontation in pursuit of a cooperative future by suspending the tariffs related to this dispute for five years. The U.S. and the EU also agreed to clear principles, including their shared intent that any financing for the production or development of large civil aircraft on market terms.

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