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Setting the standard for due diligence

24 Mar 2023
Responsible Business Conduct

The Corporate Sustainability Due Diligence Directive (CS3D) is a positive step toward promoting responsible business practices, but, some changes are still necessary. Maximum harmonisation across Member States will protect the integrity of the Single Market and ease burdens on businesses operating across the EU. We have outlined what needs to happen in a joint letter, signed together with twelve other European associations. 

Transatlantic 2023: in review

23 Mar 2023
All Committees

This year’s Transatlantic Conference, ‘Thriving together: uniting in the face of global challenges’ put industry and institutions in the same room to discuss the importance of a strong and united transatlantic relationship, especially on the green and digital transitions. The conference took place on Wednesday, 22 March 2023 and featured 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. Michael Miebach, CEO, Mastercard, then expanded on why the focus should be on innovation, sustainability and inclusion to keep the EU and US competitive.  

Launch of The Transatlantic Economy 2023

21 Mar 2023
All Committees

The Transatlantic Economy 2023 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. This edition features new insights into the impact of the war in Ukraine, international sanctions on Russia, transatlantic energy transformations, the reconfiguration of global supply chains with ‘derisking’ strategies, relations with China as well as the green and digital transitions. It also includes individual profiles for 30+ European countries, with Ukraine surveyed for the first time, and all 50 US states. This year marks the 20th edition of The Transatlantic Economy, the annual survey of transatlantic jobs, trade and investment.

Discussing the EU's digital economy in Strasbourg

20 Mar 2023
All Committees

From Monday, 13 March to Wednesday, 15 March, an AmCham EU delegation visited the European Parliament in Strasbourg, France. The trip centered around meetings with a total of 14 MEPs representing the five main political groups. The delegates voiced their concerns on the AI Act and Data Act, and offered solutions based on industry input. Making sure definitions are clear and avoiding legal fragmentation are the way forward for both acts.  

Diving deep on finance in Frankfurt and Strasbourg

20 Mar 2023
All Committees

On Monday, 13 March an AmCham EU delegation travelled to Frankfurt, Germany to meet with the European Central Bank, European Insurance and Occupational Pensions Authority and International Sustainability Standards Board. On Tuesday, 14 March the delegation then travelled to the European Parliament in Strasbourg, France to meet with 11 MEPs. The delegation focused on the Capital Markets Union package, Banking package, Instant Payments and the implementation of Digital Operational Resilience Act. The proper implementation of these acts is crucial for securing a level-playing field and avoiding legal fragmentation in financial services. 

Achieving clarity on the EU Data Act

15 Mar 2023
All Committees
Digital Economy

On Tuesday, 14 March, the European Parliament (EP) confirmed the Rapporteur’s mandate and the EP’s position on the EU Data Act Regulation negotiations with the Council of the European Union. During these trilogue negotiations, the priority for EU decision-makers should be to achieve clarity on the remaining outstanding concerns raised by industry stakeholders across all sectors.

Why Critical Raw Materials matter

15 Mar 2023
All Committees

The responsible sourcing of Critical Raw Materials (CRM) will determine the success of the EU's green and digital transitions. Making sure they are available for all sectors, from transport to technology, must remain a top priority for the EU and the US – which is why it's encouraging news that the two sides recently announced a new dialogue to strengthen and secure transatlantic CRM supply chains. But why are these materials so critical and how can policymakers ensure that industry has access to the responsibly-sourced CRMs it needs? Read our latest blog to find out. 

Discussing chemicals legislation in Helsinki and Warsaw

14 Mar 2023
All Committees

From Monday, 6 March to Tuesday, 7 March, an AmCham EU delegation met with the European Chemicals Agency (ECHA) in Helsinki, Finland. The delegates spoke with Dr Sharon McGuinness, Executive Director, ECHA and Frank Buchler, Head of Unit, ECHA, to discuss the EU Green Deal and the EU's chemicals strategy. The delegation then traveled to Warsaw, Poland on Wednesday, 8 March, to meet with the Ministry of Development and Technology and the Ministry of Health. The trips led to a fruitful exchange on the challenges faced by both industry and the Member States around the EU's chemicals legislation. 

Tackling healthcare challenges with technology with AmCham Croatia

14 Mar 2023
All Committees

How can healthcare manage growing inflation, raw materials prices and transport disruptions while still making sure patients receive the best care? AmCham Croatia aimed to answer this at their conference 'Trends in Healthcare - Challenges and Opportunities' on Tuesday, 14 March. Jelka Drašković, Director, Key Markets of Europe and Canada, MSD presented AmCham EU’s report, written by the Economist Impact, on healthcare systems in Central and Eastern Europe. The conference also featured a discussion around the opportunities that the use of technologies has for healthcare systems.  

An in-depth chat with Mark Gitenstein, US Ambassador to the European Union

13 Mar 2023
All Committees

Looking for the most up to date information on the transatlantic relationship? Don’t miss Mark Gitenstein, US Ambassador to the European Union at our Transatlantic Conference 2023. He’ll be sitting down with Susan Danger, CEO, AmCham EU to give his unique insight on the war in Ukraine, EU-US trade and much more. With just over one week until the conference, sign up now before it’s too late. 

Speaking on the Cyber Resilience Act at the European Parliament

10 Mar 2023
All Committees

On Wednesday, 8 March, AmCham EU participated in a hearing session on the Cyber Resilience Act (CRA) at the European Parliament. The session, organised by Beatrice Covassi, MEP (S&D, IT), was opened by Lorena Boix Alonso, Director, Directorate-General for Communications Networks, Content and Technology, European Commission. Lucia López Carasa, Policy Adviser, AmCham EU highlighted the need for industry input in clarifying the scope and reporting obligations of the CRA. You can read more in our position on the Cyber Resilience Act. 

AmCham EU Board hosts Polish Ambassador

10 Mar 2023
All Committees

On Friday, 10 March, AmCham EU’s Board of Directors welcomed Ambassador Andrzej Sadoś, Permanent Representative of Poland to the European Union for a seated lunch. The discussions covered a range of issues that will be central to the upcoming Polish Presidency of the Council of the European Union in 2025 and the need to continue to strengthen the transatlantic relationship. 

Using data to influence the world of public affairs

10 Mar 2023
All Committees

What do algorithms and data mean for the future of public affairs and how can they be leveraged to drive meaningful impact? Chandler Wilson, Founder, bridge_ci and EU campaign veteran, joined us on Friday, 10 March for the return of our Comms talks series to explore the future of public affairs in an increasingly digitally-driven world. He explained how machine learning needs to be customised to your needs and that they are only as good as the data they are given. With public affairs becoming ever more complex, staying up to date on the available tools is indispensable for staying competitive.  

Renewable competition and the transatlantic relationship

9 Mar 2023
All Committees

What can the EU and US do to achieve their sustainability goals while still staying competitive? Alexa Dembek, Chief Technology and Sustainability Officer, DuPont and Nicolae Ștefănuță, MEP (Greens/EFA, RO) will be giving the industry and institution viewpoints on Wednesday 22, March at our Transatlantic Conference. With the conference in under two weeks, register now and join us as we dive into the issues that are top of mind for those invested in the EU-US relationship.  

Forging a gender equal world

8 Mar 2023
All Committees

Did you know that if women and men participated equally as entrepreneurs, global GDP could rise by 3-6%? International Women's Day on Wednesday, 8 March is the ideal time to embrace diversity and strive for a more inclusive society. All of us start our journey from a different place, so taking conscious action is needed to help everyone feel they belong. The #EmbraceEquity campaign is raising awareness about why equality isn't enough. Make sure to keep an eye on our social media channels for more.

Views on the Foreign Subsidies Regulation

7 Mar 2023
All Committees

To protect the Single Market from disruptive foreign subsidies, Europe will need a balanced and proportionate application of the Foreign Subsidies Regulation (FSR). The draft Implementing Regulation is a positive sign, but issues like unclear mechanisms and burdensome reporting obligations may cause more harm than good. Read our position to see how the FSR can be made as effective as possible.  

The future of EU-US energy cooperation

6 Mar 2023
All Committees

What are the challenges and opportunities for cooperation between the EU and the US when it comes to energy? Hear insights from Stefano Grassi, Head of Cabinet of Commissioner Simson and Ann Mettler, Vice-President, Europe, Breakthrough Europe on how to ensure energy security and give peace of mind to millions on both sides of the Atlantic at our Transatlantic Conference on Wednesday 22, March. Join and learn more about the future direction the transatlantic relationship in 2023 and beyond – register now.  

Getting ahead on the Windsor Framework

6 Mar 2023
All Committees

From Tuesday, 28 February to Thursday, 2 March an AmCham EU delegation was in Northern Ireland as part of a customs study group tour. The trip centred around a visit to the Parliament Buildings at Stormont and a tour of Warrenpoint Port. Delegates met with the Executive Office, the Northern Irish Chamber of Commerce and the Department for the Economy. The trip allowed for an inside look into Northern Irish customs procedures and history during a pivotal time as talks on the Northern Ireland Protocol and Windsor Framework between London and Brussels continue.

Michael Miebach to speak at #Transatlantic2023

3 Mar 2023
All Committees

Michael Miebach, CEO, Mastercard will be joining us on Wednesday, 22 March for our Transatlantic Conference 2023. Hear his thoughts on the role private enterprises play in the EU-US relationship and his unique perspective on how businesses can help keep Europe competitive and attract the investment it needs. With just three weeks to go, register now and secure your spot in order to hear from the experts from both sides of the Atlantic.  

Embracing equity on IWD with EMPOWER HER

2 Mar 2023
All Committees

On Thursday, 2 March, AmChams in Europe (ACE), AmCham EU and the US Commercial Service hosted a high-level online discussion celebrating the 2023 International Women’s Day (IWD). Hosted under the mantle of the EMPOWER HER initiative, participants discovered first-hand how the US Department of Commerce and the private sector are embracing equity – the theme of this year’s IWD – and empowering women economically, both internally and in their communities. Couldn't make the event? Catch all you missed with the recording.

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