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US-EU's large aircraft working group to address non-market practices of third parties

( June 15, 2021, 16:55 GMT | Official Statement) -- MLex Summary: The US and EU's large civil aircraft working group will collaborate on analyzing and addressing non-market practices of third parties that may distort their respective industries, according to a framework that aims to resolve a nearly two-decade dispute over government subsidies. "After years of bitter litigation and weeks of intense diplomacy, we have reached a deal on a set of high-level principles that resets U.S.-EU engagement in the large civil aircraft industry,” said Ambassador Katherine Tai. “We are strongest when we work with our friends and allies, and the partnership with European Commission Executive Vice President Valdis Dombrovskis is a demonstration of that principle in action.”Statement and document follow below:...

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