Will the new TTC shift the focus to the protection of critical technologies and supply chain security? And can it strengthen European and American technological and industrial leadership?
During the first EU-U.S. Summit of President Joseph Biden, which took place in Brussels on 15 June, the parties established a high-level European-U.S. Trade and Technology Council (TTC). It aims to grow the bilateral trade and investment relationship as well as strengthen European and American technological and industrial leadership, develop compatible standards and regulatory approaches for new technologies and promote innovation and fair competition on both sides of the Atlantic.
Thematic working groups will initially be set up to provide inputs on issues such as data governance and technology platforms, climate and green tech or technology standards cooperation (including on AI, IoT, among other emerging technologies). Alongside this new TTC, the parties also plan to establish an EU-US Joint Technology Competition Policy Dialogue which will support innovation exchanges and collaborative research.
ELF is glad to organise this timely roundtable with the purpose of discussing the feasibility and the benefits of this new Trade and Technology Council. Will it be able to help reduce trade barriers and maximise opportunities for market-driven transatlantic cooperation? Will the new TTC shift the focus to the protection of critical technologies and supply chain security? Will both sides of the Atlantic be able to collaborate better on issues such as: transfer of technology, export controls, investment screening or IP rights?
Introductory remarks: Daniel Kaddik, Executive Director, European Liberal Forum
Speakers include
Moderated by Beatriz Rios, EU affairs reporter