Annual Report 2022
Between the war in Ukraine, skyrocketing inflation, the compounded energy and food crisis and the disruption of global supply chains, nothing about the external environment in 2022 was ‘normal’. Despite disruptions, AmCham EU remained committed to our mission of transatlantic cooperation. From the lessons learned in 2021, we remained a more flexible organisation, advocating for the Single Market, trade and democracy. Our Annual Report 2022 provides an overview of how we continued to be the top voice for US business committed to and invested in Europe.

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Engaging with the Mexican Ambassador on stronger trade ties
On Wednesday, 2 September 2026, Malte Lohan, CEO, AmCham EU met with Esteban Moctezuma Barragán, Mexican Ambassador to the European Union, Belgium and Luxembourg, for an introductory meeting to exchange views on the transatlantic business relationship. Discussions focused on opportunities to deepen EU–Mexico economic ties following the signature of the Modernised Global Agreement and interim trade agreement earlier this year. AmCham EU looks forward to continued engagement with Ambassador Moctezuma and to supporting closer EU–Mexico economic cooperation.
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Turnberry Deal has brought a degree of predictability to transatlantic trade and investment, anniversary survey finds
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Integrating the EU nexus approach into CS3D guidance
The European Commission’s forthcoming guidance on the Corporate Sustainability Due Diligence Directive (CS3D) should:
allow companies to voluntarily prioritise chains of activities with a meaningful connection, which should be further defined in the guidance, to the EU or based on a global risk-based approach in cases where companies have global integrated supply chains;
recognise that companies may face conflicting or overlapping legal requirements between EU and third-country legislation, particularly in relation to information gathering, audits, data transfers, supplier disengagement and cooperation with authorities;
clarify how companies should document and manage circumstances in which third-country law restricts or prevents a due diligence measure;
recognise interactions with competent local authorities, regulatory inspections, permits, licences and other official approvals as potentially relevant sources of due diligence information; and
protect companies from liability where they have followed a reasonable, documented and good-faith process, including where another stakeholder might have prioritised risks or selected due diligence measures differently.
If these measures are included in the guidance, they would help the CS3D deliver meaningful and effective due diligence, rather than an exhaustive mapping of every global business relationship. Flexibility, proportionality and legal certainty can help companies progressively develop credible global systems while directing resources towards the most significant risks and the areas where they have the greatest ability to achieve positive outcomes.
Learn more in our contribution and paper.
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