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EU/US Trade and Technology Council (Paris-Saclay – 15&16 May 2022)

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May 13, 2022
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The following Commerce and Expertise Council (TTC) assembly between the European Union and the USA will happen on 16 Could in Paris-Saclay.

Launched in June 2021, the TTC serves as a discussion board for dialogue between the USA and the European Union, for the aim of coordinating on commerce, financial and know-how points. The primary assembly was held in Pittsburgh in the USA on 29 September 2021. France is internet hosting this second assembly as a part of the French Presidency of the Council of the European Union.

An off-the-cuff dinner will likely be hosted by France on Sunday, 15 Could, attended by the French Ministers for Overseas Affairs, Finance and Commerce. On the morning of Monday, 16 Could, the TTC will likely be co-chaired by European Fee Govt Vice-Presidents Margrethe Vestager and Valdis Dombrovskis and US Secretary of State Antony Blinken, Secretary of Commerce Gina Raimondo and Commerce Consultant Katherine Tai. The afternoon of 16 Could will embrace discussions with French and European stakeholders, a press convention and a tour of a analysis laboratory.

The target of the TTC is to debate and coordinate on key international commerce, financial and know-how points and to deepen transatlantic relations primarily based on shared democratic values while upholding every celebration’s decision-making autonomy. The TTC consists of ten working teams on points corresponding to local weather and inexperienced tech, the misuse of know-how threatening safety and human rights (e.g. disinformation) and know-how requirements cooperation. Different working teams give attention to points together with export controls (for delicate items), funding screening and safe provide chains.

The TTC is a discussion board for the US and EU to debate legislative and regulatory adjustments and, the place relevant, to agree on widespread positions inside worldwide our bodies or to provoke transatlantic coordination. The agenda for the second TTC assembly was ready in the course of the casual assembly of commerce ministers on 13 and 14 February in Marseille. Whereas there was significantly shut transatlantic cooperation in response to the battle in Ukraine, the assembly between the EU and the US on 16 Could will likely be a chance to debate prospects for cooperation on points such because the resiliency and safety of provide chains, the inexperienced and digital transitions, and the promotion of a digital atmosphere that’s suitable with democracy and human rights.

Deliverables

The assembly in Saclay on 16 Could will likely be a chance for the ten working teams to offer standing updates on the work achieved for the reason that final assembly in Pittsburgh in September 2021. A joint assertion by the European Union and the USA is predicted to be adopted on the finish of the assembly.

Tags: CouncilEUUSParisSaclayTechnologytrade
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