Launched at the US-EU Summit in Brussels in June, the EU-US Trade and Technology Council, a platform for transatlantic collaboration on key global trade, economic and technology issues, met for the first time at the end of September.
The Council will play a critical role in setting global standards for new technologies and defining transatlantic approaches to global challenges such as climate change and WTO reform. Having been in the works for many years, this is a key moment for the EU-US relations.
How will the Trade and Technology Council work?
The Council will meet periodically at the political level to steer the cooperation. From the EU side, it will be co-chaired by European Commission Vice-President and Competition Commissioner Vestager; and Vice-President and Trade Commissioner Dombrovskis. On the US side, it will be chaired by Secretary of State, Antony Blinken; Secretary of Commerce, Gina Raimondo; and Trade Representative, Katherine Tai. At the technical level, work will be conducted via ten working groups, chaired by relevant U.S. agencies and European Commission services. The working groups are as follows:
- Technology Standards: finding common approaches in emerging technology standards such as AI.
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