Press Release
☷Readout of U S EU Trade and Technology Council Fifth Ministerial Meeting
U.S. Department of Commerce ( By Press Release office)
Feb 01,2024
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The U . S . - EU Trade and Technology Council ( TTC ) just had its fifth ministerial meeting in Washington , D . C . It took place on January 30 , 2024 , and had some high - profile attendees like Secretary of State Antony Blinken and Secretary of Commerce Gina Raimondo . They were joined by EU TTC co - chairs Margrethe Vestager and Valdis Dombrovskis . They discussed a bunch of important stuff like economic security , supply chains , export control , and countering authoritarian actors . They also talked about technology misuse and the importance of transatlantic cooperation in areas like artificial intelligence . The meeting was a big deal and attracted stakeholders from both sides . EU industry leaders got together to talk about the current state of the industry , how companies can improve their supply chains and be more transparent , and how governments can address policies and practices that make us rely too much on one country for old semiconductors . They also had a stakeholder event called the Transatlantic Initiative for Sustainable Trade ( TIST ) , where they discussed how to make the transatlantic marketplace stronger and more environmentally friendly . During this event , they also had a workshop on creating good quality jobs during the green transition . They also received a briefing on the U . S . - EU Beyond 5G/6G Roadmap and welcomed the signing of the U . S . - EU Joint CyberSafe Products Action Plan . They plan to have another meeting in Belgium in 2024 to review progress and discuss new areas for collaboration .
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