From Monday, March 18 to Wednesday, 20 March 2024 39 representatives from 22 AmChams in Europe attended Brussels Briefing. The theme of the first day was the upcoming EU elections, with Jaume Duch Guillot, Director-General for Communication, European Parliament, holding a session on how to engage EU citizens within Member States. The group also had the chance to get insights into a range of policy topics as well as hear from Marisa Lago, US Under Secretary of Commerce for International Trade on transatlantic trade relations. The group participated in AmCham EU Transatlantic Reception in the European Parliament and the Transatlantic Conference 2024.
This year’s Transatlantic Conference, ‘The transatlantic effect: shaping the global agenda’ put the focus on how Europe and the US can shape global values, set international standards and drive change. The conference took place on Tuesday, 19 March 2024 and featured a range of industry and institution speakers from both sides of the Atlantic. As an opening video, Gina Raimondo, US Secretary of Commerce, underlined the importance of keeping the transatlantic dialogue open through forums like the Trade and Technology Council (TTC). Stephen Boyle, Global Chief Trust Officer, Workday, then expanded on why businesses need to be transparent and trustworthy, especially with rapid advancements in technology. The conference included a series of panel discussions, diving into key priorities for the transatlantic relationship. First was a conversation examining how shifting power dynamics are impacting the ability of the EU and US to remain global standard setters. The panelists focused on transatlantic cooperation and the need to collaborate with industry in addressing shared issues, such as in Ukraine. Panel discussions of the day centered around future-proofing the EU-US relationship, reigniting the attractiveness of Europe and hearing how the transatlantic relationship is seen from the outside. Throughout the panels, the importance of institutionalizing progress made through forums like the TTC and taking a united approach to challenges was repeated. Liam Benham (Boeing), Chair, AmCham EU summed up the conference with unity, regulatory simplification and maintaining dialogue as his top three takeaways.
Following the initial panel discussions, Marjorie Chorlins, Daniel Hamilton and Joseph Quinlan presented the key findings of The Transatlantic Economy 2024, the annual survey of transatlantic jobs, trade and investment. The Transatlantic Economy 2024 presents the most up-to-date facts and figures about the economic relationship between Europe and the United States. The research was conducted independently by Daniel Hamilton and Joseph Quinlan at the Foreign Policy Institute, School of Advanced International Studies, Johns Hopkins University and the Transatlantic Leadership Network. The 21st edition of the report features new insights into the international support for Ukraine and sanctions against Russia, major shifts in the transatlantic energy economy, the reconfiguration of global supply chains with de-risking strategies at play, relations with China as well as the green and digital transitions. The study also includes dedicated profiles for 30+ European countries and all US states.
