United States and the European Union have resolved the 17-year dispute over subsidies to the aviation industry, European Commission President Ursula von der Leyen announced on Tuesday, Reuters reported.
“This meeting has started with a breakthrough in aviation. This really opens a new chapter in our relationship as we moved from litigation to cooperation in the sector, after 17 years of disputes,” von der Leyen told reporters.
A five-year truce is expected to be announced, in which the tariffs in force since 2019 would be suspended. The rapprochement between both parties is also a consequence of the growth of China within the industry.
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