Fri, May 05, 2006
Could there be a light at the end of the transatlantic tunnel?
Boeing CEO Jim McNerney says things may be looking up in the
ongoing dispute between the US and the EU over government subsidies
to airplane manufacturers.
"I'm beginning to see signs that the two governments are
increasing the pace of their dialogue, and I'm supportive of that,"
McNerney told reporters in Paris this week, according to the
This whole thing started two years ago, when Washington decided
to cancel a 12-year old treaty with the European Union and filed a
complaint with the World Trade Organization over government launch
aid for the Airbus A350... announced shortly after Boeing started
openly working on the 787 Dreamliner.
A politely contentious battle between the US and the EU has
raged since then. In fact, the talks before the WTO are currently
on hold ... but there may be hope yet.
"We are exploring the possibilities of relaunching
negotiations," Peter Power said in an interview with Dow Jones
Newswires. "But we have to agree to terms for such negotiations,
and unfortunately we're not there yet."
In another possible sign of progress, German Chancellor Angela
Merkel is expected to discuss the subsidies dispute with President
Bush, during a visit to the United States that began Wednesday.
We'll keep you posted.
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