In a statement issued by the President of the United States today, Joe Biden welcomed the United States and the European Union's "breakthrough" in the trade dispute between the aircraft manufacturers Boeing and Airbus, and the agreement to confront and challenge Chinese non - market practices.

Biden said: "Today the United States and the European Union have made a major breakthrough in the trade dispute between Boeing and Airbus, which has lasted for more than 16 years."

He added: "Remarkably, we also agreed to work together to challenge and confront China's non-market practices in this sector that gives Chinese companies unfair advantages."

For her part, the President of the European Commission, Urzula von der Leyen, confirmed today following discussions with the United States President that Washington and Brussels had reached a settlement to the nearly 17 years-long dispute over government assistance to Boeing and Airbus.

An agreement would raise the threat of a renewed trade war between the two sides that had already involved industries ranging from agricultural products to luxury goods and damaged relations between the two sides of the Atlantic.

The European Commission, which oversees the EU's trade policy, is eager to find a solution by 11 July, the end date of a customs suspension between the two sides agreed in March.

Customs duties on $11.5 billion worth of goods were imposed in stages starting in 2019 after the United States and the European Union won partial WTO victories over allegations of unfair support for American aircraft manufacturers Boeing and European Airbus.

 

Who's Online

We have 293 guests and no members online

News Most Viewed

  • Ordering
  • Title
  • Most Popular

Talk of a "serious" ...

Framatom, a subsidiary of the ...

Some global news sites ...

Today, Tuesday, social ...

Harry and Meghan. "She ...

After a year of unrest within the ...

For violation of ...

Because of what he said were the ...

Russian court fines ...

In the latest development in an ...

Belarus plane. Action ...

Belarusian authorities intercepted ...

A Chinese city ...

  Chinese city authorities ...

An expert assesses ...

Academician Gennady Onishchenko, ...

Belarus begins the ...

Today, Tuesday, Belarus began the ...

Biologist: ...

 Professor Ancha Paranova of the ...

Britain: We had to ...

 British Health Minister Matt ...

China suspends air ...

Today, Sunday, the Chinese ...

City uprising lead ...

Manchester City came from behind ...

Global health. The ...

A leading official of the World ...

Time to think

  Writer : Michael Blair Time is ...

The year 2020 continues ...

Local media reported today, ...

Mikhail Lomonosov; The ...

By|Abeer Almadawy    Mikhail ...

Tips for a good sleep ...

James Wilson of The Sleep Geek ...

The Last Circle

The African Paradise
Written by|Abeer ...
Makers of Wars & The mix
Written By|Abeer ...
Trump wins and William
Lines in the reading of ...
Mosul in between the joy
Written by| Abeer ...
Geisha and the
Written by /Abeer ...
Castle Journal declares
The Last Circle ...
The Masters,The Owners
By /Abeer Almadawy ...

Video Castle Journal

الدائرة الأخيرة  

الدائرة الأخيرة مع الدكتور عاصم الليثى

 الدائرة الأخيرة مع اللواء نبيل أبو النجا

 كلمة د/عبير المعداوى فى عيد الشرطة

Locations

  • #104. Street 6, Fifth District, 6 October, Giza
  • This email address is being protected from spambots. You need JavaScript enabled to view it.
  • 01004734646

Castle Journal Group