European Institute

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Trade & Investment

The European Institute's Roundtable on Trade and Investment examines the development of the transatlantic market by providing its members with information from leading public and private sector decision makers in the U.S. and Europe. The Roundtable assesses the progress of the Transatlantic Economic Council, as well as the ongoing Doha Round and other multilateral and bilateral trade agreements. This program will also focus on the reemergence of protectionist policies spurred by the global economic crisis, evolving antitrust cases and laws, non-tariff trade barriers such as investment controls and tax policies, and intellectual property rights. The Roundtable on Trade will also examine the implications of U.S. and EU trade relations with third countries and any advancements in agricultural policy between the U.S. and EU.

Recent Meetings:


Implications of the Obama Administration’s Export Control Initiative on Transatlantic Trade Print Email
05/25/10

The European Institute hosted The Honorable Eric Hirschhorn, U.S. Under Secretary of Commerce for Industry and Security, who discussed the challenges facing the implementation of President Obama’s export control initiative and the implications for the transatlantic trade relationship.  Under Secretary Hirschhorn said that the President’s initiative will not only streamline export control processes but will also cut the number of items protected by current controls and require licenses for fewer components.  The Under Secretary emphasized that the reforms under consideration should not place any additional legal burden on U.S. companies, and that the Administration's goal is to make the process less cumbersome and more hospitable to growing the export market.  Under Secretary Hirschhorn remained hopeful that the U.S. Congress would take up the export control legislation this year, or at the latest, early next year.

Click here to read the full text of Under Secretary Hirschhorn's remarks.

 
EU-U.S.-Russia Economic, Energy, and Trade Relations Print Email
04/01/10

On April 1, 2010, The European Institute, in cooperation with the Embassy of the Russian Federation, held a special meeting of its Roundtable on EU-U.S.-Russia Triangular Relations to discuss the prospects and challenges of deepening economic and trade relations with Russia. The Honorable Andrey Denisov, First Deputy Foreign Minister of the Russian Federation, addressed the need for greater triangular cooperation on a variety of fronts, including energy, technology and innovation, and stressed the importance of the Russian Federation’s accession to the WTO. The Honorable Robert Hormats, Under Secretary for Economic, Energy, and Agricultural Affairs at the U.S. Department of State asserted American interest in developing stronger trade and investment relationships with Russia and  the importance of seizing opportunities for greater technological cooperation. Ambassador Richard Morningstar, the U.S. Secretary of State’s Special Envoy for Eurasian Energy viewed triangular coordination as particularly important in seeking to diversify energy sources and supply on both sides of the Atlantic, and urged continued discussions on diversification, innovation and investment. Angelos Pangratis, Chargé d’Affaires of the Delegation of the European Union to the United States encouraged a comprehensive approach, anchored to WTO accession, and cited the EU’s continuing efforts to negotiate a successor to the current Partnership and Cooperation Agreement, establish a partnership for modernization and stabilize energy relations through a clear legal framework.

 
Greece’s Financial Crisis: Implications for the Eurozone, the EU and the Transatlantic Economic Relationship Print Email
02/23/10

 

On February 23, 2010, The European Institute held a special breakfast meeting of its Transatlantic Roundtable on Financial and Monetary Affairs with His Excellency Vassilis Kaskarelis, Ambassador of Greece to the United States, who spoke about the implications of Greece’s financial crisis.
Read more...
 
Staying Competitive: Europe’s Response to Institutional and Societal Changes Print Email
02/05/10

On February 5, 2010, The European Institute held a meeting of its Transatlantic Roundtable on Trade entitled “Staying Competitive - Europe's Response to Institutional and Societal Challenges” focusing on Europe’s Competition Policy under the Lisbon Treaty and the EU’s 2020 Policy. Isabelle Benoliel, Director for Registry and Resources at the Directorate-General for Competition at the European Commission spoke about the challenges to competition policy within the European Union, especially while tackling the ongoing global economic crisis.  Elizabeth Kraus, Deputy Director for International Antitrust at the U.S. Federal Trade Commission’s Office of International Affairs spoke about the need for the U.S. to continue to work with the Commission on the challenges facing competition focusing in particular on the need for cooperation and convergence of EU and U.S. policies. John Briggs, Co-Chair of Axinn, Veltrop & Harkrider’s Antitrust Practice and Managing Partner of the firm’s Washington office, was the moderator of the discussion.

 
The Continuing Evolution of U.S.-EU Competition Policy Print Email
11/19/09

On November 19, 2009, The European Institute convened a meeting on The Continuing Evolution of U.S-E.U. Competition Policy. This discussion with Philip Weiser, Deputy Assistant Attorney General for International, Policy and Appellate Matters at the U.S. Department of Justice, addressed the opportunities and challenges for greater transatlantic cooperation in competition law and policies. Mr. Weiser shared his perspective on the Obama Administration's approach to competition policy, stressing the importance of "new institutional economics" with attendant focus on clearer guidelines and standards for mergers and acquisitions as well as greater transparency and establishment of best practices to sustain economic competition. Mr. Weiser also emphasized the need to fortify technical cooperation between the United States and the European Union in order to guarantee competition in the transatlantic as well as the global economies.

Sibylle Zitko, Legal Advisor at the Delegation of the European Commission and an expert on EU competition policies, echoed the need for common standards and guidelines. Although the new Barroso Commission was still being formed at the time of this meeting, Ms. Zitko stressed the continuity of the European Union's competition policies and lauded the "excellent" staff cooperation that has sustained transatlantic cooperation in this critical facet of economic relations.

 
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