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UK and U.S. commit to settle civil aircraft dispute - joint statement

The flags of the United States and the United Kingdom stand after bi-lateral photo between U.S. Secretary of State Rex Tillerson and British Foreign Minister Boris Johnson was cancelled at the State Department in Washington

CARBIS BAY, England (Reuters) - Britain and the United States committed to settle a trade dispute over civil aircraft subsidies on Thursday in a joint statement issued by both countries following a meeting ahead of the G7 summit in England.

"We commit to the rapid settlement of the Large Civil Aircraft dispute," said the statement, which was issued shortly after British Prime Minister Boris Johnson met U.S. President Joe Biden.

"We will therefore work closely to identify and pursue opportunities to deepen our already extensive trade relationship."

(Reporting by William James; editing by Michael Holden)