BRUSSELS, Belgium.-A new airline passenger information sharing agreement between the EU and the United States aimed at thwarting terrorism will likely go into effect yet this summer following concessions from both sides this week.Envoys from the European Union's 27 nations reached a "basic political understanding" on the new deal, which was struck Wednesday by EU and U.S. negotiators, the German EU presidency said.The diplomats said less data on passengers would be exchanged under the new agreement, but the U.S. would be able to hold the information for longer.Washington has pushed for more information, saying it is needed to help fight terrorism."We'll try to finish this by August. Some countries have reserved the right to study the ins and outs of the deal," an EU ambassador said on condition of anonymity because of the sensitivity of the issue.The agreement would replace an interim deal that expires at the end of July. Failure to strike a deal by then risked chaos. Washington warned that airlines failing to share passenger data under its anti-terror screening rules faced the loss of landing rights and fines of up to $6,000 (4,450 euros) per passenger....
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