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US closes hopes of skies deal with EU

6 December 2006

The collapse of negotiations for an EU-US air transport agreement is a set back for Brussels against a background of growing global trade protectionism.

Europe’s transport ministers will discuss the deal’s crash landing next week as hopes for a 2007 agreement recede. US transport secretary Mary Peters called the European commission on Tuesday to announce Washington was pulling the plug on allowing foreign investors a greater say in US airlines.

source: theparliament.com

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