U.S.-European Union Trade and Technology Council to meet on May 15-16

In a statement the EU’s antitrust chief Vestager said, the U.S.-European Union Trade and Technology Council, which was set up last year to strengthen strained transatlantic trade ties and help allied democracies better compete with China, will meet for the second time on May 15 and 16 in France.

“This forum is crucial for global leadership across a range of key issues,” said Vestager.

U.S. Trade Representative Katherine Tai also said the TTC would address shared challenges.

The first meeting was convened on September 29, 2021 in Pittsburg with U.S. Secretary of State Antony Blinken, Commerce Secretary Gina Raimondo, Tai, EU trade chief Valdis Dombrovskis and Vestager. 

One of its objectives is taking a more unified approach to curb the power of tech giants while another is to set standards and rules for the 21st century.

Categories: Creativity, Entrepreneurship, HR & Organization, Strategy

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