Transatlantic 2023: in review

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.  

News
22 Mar 2023
Transatlantic 2023: in review

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.  

The conference included a series of panel discussions, diving into key priorities for the transatlantic relationship. First off was a conversation focused on how the EU and the US can navigate the difficult external environment. The panellists focused on transatlantic cooperation and the need to collaborate with industry in addressing shared issues. Afterwards, the conversation turned to the transatlantic economy. The speakers explained how to continue economic growth, the EU and US have to find global solutions to shared challenges.  

Following the initial panel discussions, Daniel Hamilton and Joseph Quinlan presented the key findings of the Transatlantic Economy 2023 report, the annual survey of transatlantic jobs, trade and investment. This year’s edition features new insights into what impact energy transformations have had on the transatlantic partnership. The report also draws attention to trends like global supply chain issues and the need to diversify, relations with China and transatlantic data flows. 

After the lunch and networking session, Mark Gitenstein, US Ambassador to the European Union, took to the stage to give his perspective on how the relationship between both sides of the Atlantic is deeper and stronger than ever before. Before moving on to the final panel discussions, we heard a message from Vimal Kapur, President and Chief Operating Officer, Honeywell. By giving examples from his company, attendees were able to see the role that business plays in making policy decisions a reality. 

Centring around energy cooperation, one of the larger sessions of the day shed light on why brining green energy production to Europe and the United States is a process that should start now. The final conversation of the conference covered how industry can stay competitive during the green transition and the role governments can play in easing the transformation.   

The conference closed with a few words from Zeger Vercouteren (J&J), Chair, AmCham EU who added that despite challenges, the EU and US are each other’s greatest partners and the transatlantic relationship continues to prove its strength. 

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Discussions focused on the implementation of the EU-US Framework Agreement and its role in supporting a more predictable transatlantic trade and investment relationship. The deal remains the most realistic route to a more constructive climate for companies operating across the Atlantic. The EU-US strategic partnership on critical minerals points to the potential for further EU-US cooperation in areas that benefit businesses on both sides of the Atlantic.

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Revision of the Classification, Labelling and Packaging Regulation: Following a balanced Report, trilogues must secure simplification

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With the Council’s position agreed in November 2025, the Parliament’s report marks the final step before trilogues, which will conclude negotiations on the targeted revision of the CLP Regulation.

The report largely aligns with the Commission’s simplification agenda and strengthens the CLP Regulation’s overall workability, especially with regards to:

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  • Label legibility requirements, with more proportionate minimum font sizes and rules on background contrast, spacing and overall layout. However, further simplification is still needed to ensure sufficient flexibility for businesses.

While the report represents a constructive step forward, trilogues should address remaining constraints and clarify language that is currently difficult to interpret, including further simplification on font sizes and advertising requirements in business-to-consumer settings. These negotiations should draw on the more proportionate approaches of the Commission and the Council.

Maintaining a strong focus on simplification will be key to further alleviating administrative burdens and strengthening the EU’s resilience and competitiveness.

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On 8 July 2025, the Commission presented the Omnibus VI simplification package, reopening key legislation such as the CLP Regulation, which entered into force in December 2024. The Omnibus addresses overlaps and inconsistencies that create practical challenges and, in some cases, make compliance unworkable.


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