The more than $6 trillion commercial relationship between the United States and the European Union is unparalleled in size and scope. Almost $3 billion in trade in goods alone crosses the Atlantic every day. Still, opportunities abound to strengthen and deepen our bilateral ties to drive the global economy forward. The United States and the EU must jointly lead efforts to ensure that all nations pursue trade and investment policies reflecting a fundamental commitment to the rule of law, fairness, and transparency.
The U.S. Chamber of Commerce sees opportunities to reinforce the relationship and demonstrate leadership. However, it is concerned that in a much-needed quest to boost growth and competitiveness, European lawmakers are considering policies that could harm U.S. interests on such issues as digital trade, tax, regulation and energy.
With staff located in Washington and Brussels, the U.S. Chamber is uniquely positioned to help shape the terms of debate and ensure that transatlantic business interests are effectively advanced via a combination of advocacy, access, thought leadership, and communication with senior policymakers and leaders.
Key activities of the European Affairs Department include the following:
- Leading the charge in support of a comprehensive and ambitious Transatlantic Trade & Investment Partnership (TTIP) agreement. The Europe team does this through direct policy advocacy and by serving as the secretariat for the Business Coalition for Transatlantic Trade (BCTT).
- Convening dedicated task forces. These task forces focus on critical issues, including taxation, regulatory cooperation, the Digital Single Market, and European energy policy.
- Hosting heads of state and government. In 2014 alone, the Chamber welcomed U.K. Prime Minister David Cameron, French President François Hollande, German Chancellor Angela Merkel, Irish Taoiseach Enda Kenny, and former European Commission President José-Manuel Barroso, among others.
- Holding invitation-only, off-the-record roundtables. These discussions take place in both Washington and Brussels with European Commissioners, members of the European Parliament, member state officials, members of Congress, senior U.S. government officials, and other thought leaders.
- Expanding our focus in central and Eastern Europe. Specifically, the Chamber has a robust U.S. Polish Business Initiative designed to drive investment and innovation between the United States and Poland, Europe's fastest-growing economy.