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June 19, 2007 

Aerospace Leaders Agree on Need to Reform U.S. Export Controls

Export controls were on the agenda at a meeting that was held today between the leadership of the Aerospace Industries Association of America and AeroSpace and Defence Industries Association of Europe at the 47th International Paris Air Show.

During the meeting European aerospace and defense industry leaders "backed an initiative by their American counterparts to modernize the U.S. export control system", saying "improvements are needed to increase security and trade on both sides of the Atlantic."

In a press release, the leadership of both organizations said that "modernizing the U.S. system to make it more predictable, transparent, and efficient would boost trans-Atlantic trade, cooperation, and interoperability among friends and allies."

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