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.
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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Investing in Ukraine’s recovery – how to get the policy tools right and leverage Polish-US business cooperation
On Wednesday, 22 April, AmCham EU hosted a roundtable on Ukraine’s recovery with Jurand Drop, Undersecretary of State, Ministry of Finance of Poland and Michał Kapa, Deputy Head of the Team Poland initiative and Director for International Partnerships, PFR Group. The discussion brought together AmCham EU members with counterparts from Polish companies and focused on the investment conditions and policy instruments needed to meet the challenge of Ukraine’s reconstruction and modernisation. Liam Benham (Boeing), Chair, and Yana Humen (IBM), Chair Ukraine Task Force, AmCham EU also underlined the importance of a supportive policy environment to help mobilise private investment and strengthen cooperation in support of Ukraine’s long-term recovery. They highlighted how US companies can work with European partners on making sure Ukraine’s integration with the EU is a success.
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Navigating intellectual property in the age of artificial intelligence
On Tuesday, 21 April, AmCham EU hosted Renate Nikolay, Deputy Director-General, Directorate-General for Communications Networks, Content and Technology, European Commission, for a discussion on the growing impact of artificial intelligence (AI) on intellectual property (IP). At a time when AI is reshaping how content is created, used and shared, the exchange explored the increasing pressure on existing IP frameworks. Moderated by Carmen Lembo (Qualcomm), Chair, Intellectual Property Committee, AmCham EU, the discussion covered questions around copyright, AI training and transparency, while also highlighting the importance of a policy framework that protects rights and supports innovation in Europe’s evolving digital economy.
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Industrial Accelerator Act: keeping Europe competitive and open to investment
The Industrial Accelerator Act will be a key test of whether the EU can strengthen industrial competitiveness while advancing decarbonisation. With significant pressure already weighing on businesses in Europe, from high energy costs and supply chain disruptions to unnecessary red tape and intensifying global competition, getting that balance right matters. If Europe fails to send clear signals that it remains a predictable place to invest, capital will go elsewhere.
AmCham EU supports the objectives of the IAA, but its success will depend on how it is designed. A central question in the debate is how ‘European preference’ should be approached. Strengthening Europe’s economic resilience and security is a legitimate objective. However, an approach that creates uncertainty for companies from partner countries, particularly by leaving key decisions to secondary legislation, risks undermining investment and limiting access to the technologies needed for the transition.
The focus should instead be on providing clarity early and rewarding companies that create real EU-added value through manufacturing, R&D, skills and emissions reductions. Learn more in our full paper.
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