Biden admin announces Pittsburgh will host inaugural US-EU trade and technological innovation assembly at month’s finish

The White Household announced new details on Thursday about the inaugural U.S.-EU Trade and Technologies Council Meeting.

The conference, initially announced in the course of President Joe Biden’s journey to Europe over the summer time, will be held on Sept. 29 in Pittsburgh, Pennsylvania. Secretary of State Antony Blinken, Secretary of Commerce Gina Raimondo, and U.S. Trade Agent Katherine Tai will serve as America’s co-chairpeople, while European Fee Govt Vice Presidents Margrethe Vestager and Valdis Dombrovskis will characterize the European nations.

“At the U.S.-EU Summit, President Joe Biden, European Fee President Ursula von der Leyen and European Council President Charles Michel established the U.S.-EU Trade and Technological innovation Council (TTC) to broaden and deepen trade and transatlantic expenditure ties and update the principles of the road for the 21st century economic climate,” National Protection Council spokeswoman Emily Horne explained in a statement accompanying the announcement. “Creating on our shared democratic values and economic partnership — the world’s premier — we appear forward to operating alongside one another to ensure trade and technologies policies provide for our men and women.”

White Residence officers said Pittsburgh was preferred to host the meeting right after the town “reinvented itself as a hub for technological know-how and chopping-edge marketplace by investing in alone and in its staff, including by setting up ties with European associates.”

“The TTC’s ten doing the job groups will deal with a numerous set of worries, such as technology standards cooperation, source chain stability, local climate and environmentally friendly technologies, ICT security and competitiveness, info governance and know-how platforms, the misuse of technological know-how threatening stability and human rights, export controls, financial commitment screening, global trade challenges, and obtain to, and use of, electronic systems by tiny and medium enterprises,” Horne added. “In conjunction with the TTC, the two governments are committed to strong and ongoing engagement with a broad assortment of stakeholders to make certain that the results from this cooperation aid broad-dependent progress in each economies and are regular with our shared values.”

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“The EU-U.S. Trade and Know-how Council will open up new avenues of transatlantic cooperation,” Dombrovskis reported of the conference in July. “We will perform alongside one another to make certain that trade and technological innovation serve our societies and economies, though upholding our common values. The TTC is a joint commitment to reinforce our technological and industrial leadership and develop bilateral trade and investment decision. It also presents us resources to tackle threats this sort of as unfair levels of competition and the misuse of new systems.”

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Tags: Information, Joe Biden, White House, Pennsylvania, European Union

Unique Writer: Christian Datoc

Original Location: Biden admin announces Pittsburgh will host inaugural US-EU trade and know-how conference at month’s stop

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