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Last Updated: Friday, 3 December, 2004, 13:21 GMT
US and EU put air dispute on hold
Boeing 7E7
Boeing is number-two in the civil aircraft industry.
The United States and the European Union have decided not yet to pursue a spat over aircraft subsidies.

The two sides filed tit-for-tat World Trade Organisation complaints in October, alleging illegal subsisides for manufacturers Boeing and Airbus.

They had a 60-day consultation period to try to find a solution before a dispute settlement panel was formed.

But both have said they want to give the new EU Trade Commissioner, Peter Mandelson, time to review the issues.

The first meeting between Robert Zoellick, the US Trade Representative, and Mr Mandelson will take place on Monday.

The delay does not imply that the dispute is resolved, however; experts expect the case to be revived in the New Year.


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The talks could prevent an international court case



SEE ALSO:
US takes Airbus dispute to WTO
06 Oct 04 |  Business
Q&A: Boeing and Airbus
07 Oct 04 |  Business
Airbus boost to defence giant BAE
09 Sep 04 |  Business
Boeing in $7.35bn Singapore deal
25 Aug 04 |  Business
Europe and US in aircraft aid row
16 Aug 04 |  Business
Airbus signs $7bn Gulf contract
20 Jul 04 |  Business
EU opens new front in trade war
01 Mar 04 |  Business
Airbus deliveries outstrip Boeing
06 Jan 04 |  Business


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