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EU-US sign second stage of open skies agreement

Analysis

The second stage of the EU-US open skies agreement was signed yesterday during a transport council meeting in Luxembourg by European Commission Vice-President Siim Kallas, Spanish Minister for Transport José Blanco and the US Ambassador to Luxembourg Cynthia Stroum, together with the Member States' transport ministers. The agreement ushers in the potential economic boost of EUR12 billion and the creation of up to 80,000 new jobs split evenly between the US and EU, once the first and second-stage agreements are fully implemented.

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