News

Priorities at the fourth TTC in Luleå, Sweden

The EU and the US will meet on 30-31 May, in Luleå, Sweden, to hold the fourth Trade and Technology Council ministerial meeting. It is critical that, among others, they push for more details on an expected agreement on critical raw materials, encourage further transparency in semiconductor supply chains and advance on the ongoing cooperation on artificial intelligence. You can read more about our priorities to the fourth ministerial here.

Addressing industry concerns on the Product Liability Directive

Discussions around the Product Liability Directive must not to be rushed to avoid harming innovation in the technology sector. In order to craft a proportionate consumer protection framework, AmCham EU and eight other organisations have signed a letter outlining industry concerns that the Commission must address. Read the joint statement for more on our concerns and recommendations. 

Industry raises concerns over the EU Cybersecurity Certification Scheme for Cloud Services

AmCham EU, along with 12 other organisations, calls for a swift adoption of a workable and non-discriminatory EU Cybersecurity Certification Scheme (EUCS). Transparency, stakeholder involvement, digital sovereignty requirements and clarity with other EU legislation are just some of the areas that must be addressed. Any EU cybersecurity certification scheme should focus on technical measures to strengthen security and resiliency and, it should rely on and be aligned with consensus-based international standards that have proven to be efficient by way of broad industry adoption. Read more in the joint business statement. 

Leadership Update

AmCham EU is pleased to announce recent election results and welcome these new and re-elected leaders. We wish successful terms to Jérémy Fouriau (HP Inc.); Luca Ibelli (Procter & Gamble); Fanny van der Loo (Edwards Lifesciences); Natasa Sbrizaj (3M); and Antonella Sopranzetti (ExxonMobil) who were elected in February. In March we announced the elections of Jean-Marc Leclerc (IBM) and Emilia Valbum (3M). 

The Secretariat would also like to thank those who are stepping down for the extraordinary work they completed during their terms: Sophia Chrysopoulou (The Coca-Cola Company), Marija Dabrisiute (formerly BCW), Emilia Valbum (3M), who continues as Vice-Chair, Transport, Energy and Climate Committee; and Christelle Verstraeten (formerly ChargePoint). 

More details about the leadership changes mentioned above can be found here.   

AmCham EU heads across the pond with AmChams in Europe

From Sunday, 7 May to Friday, 12 May, Susan Danger, CEO, AmCham EU participated in a delegation of AmChams in Europe to the United States, in her capacity as Chairwoman of the network. Thibaut L’Ortye, Director of Public Affairs, AmCham EU also joined the trip which brought together  representatives from 25+ AmChams. The group met with leading US stakeholders, including Jose Fernandez, Under Secretary for Economic Growth, Energy, and the Environment, US Department of State; Marisa Lago, Under Secretary of Commerce for International Trade, International Trade Administration, US Department of Commerce and Suzanne Clark, President and CEO, US Chamber of Commerce; to discuss the importance of the transatlantic relationship, the competitiveness of Europe, energy and other global challenges.  

Covering the Cyber Resilience Act in Strasbourg

On Tuesday, 9 May, AmCham EU’s Digital Economy Committee visited the European Parliament in Strasbourg, France to discuss the Cyber Resilience Act. Meeting with the file’s rapporteur Morten Løkkegaard, MEP (RE, DK) and shadow rapporteurs Adam Bielan, MEP (ECR, PL); Bart Groothuis, MEP (RE, NL) and Henna Virkkunen, MEP (EPP, FIN), delegates voiced concerns around the scope of the file, incident reporting and the transition period. By remaining proactive and open, MEPs can address industry concerns and increase European global attractiveness. 

Ensuring operational resilience in financial sector through clarity

The Digital Operational Resilience Act (DORA) is crucial to ensuring digital operational resilience and Information and Communications Technology (ICT) security in the financial sector. However, for industry to successfully implement the new rules, several concerns should be addressed. Businesses need further clarity on the level of aggregation within a Group, designation of ICT third-party service providers, incident reporting and consistency with other EU legislations. Read how the three European Supervisory Authorities (ESAs) can ensure legal certainty and help industry to prepare for the new rules.  

Supporting economic attractiveness with the EU Data Act

A successful EU Data Act proposal will create a thriving data economy for companies in Europe. But unclear definitions and a priority on speed over quality is stopping the text from reaching its full potential. By making changes across the areas of cloud switching and interoperability, data sharing, international safeguards and transfers and retroactive applicability, the EU can avoid economic consequences for industry and support Europe’s data economy.  

Launching European Diversity Month

Speaking at the opening event of European Diversity Month on Friday, 28 April, Susan Danger, CEO, AmCham EU, covered why having a diverse workforce is vital to a company’s success and how getting involved in initiatives like EMPOWER HER translates into real change. Taking part in the first panel of the day, speakers highlighted that having a wide range of backgrounds across all levels of an organisation is the easiest way to overcome economic challenges. Follow the conversations using #EUDiversityMonth throughout May and share any diversity success stories you have.