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On Wednesday, 16 April, AmCham EU met with Michael J. Vaccaro, Acting Principal Deputy Assistant Secretary, Bureau of Political-Military Affairs, Directorate of Defense Trade Controls, US Department of State. The exchange with members focused on transatlantic defence industrial cooperation, regulatory issues shaping European Defence Markets and the ability of US companies to support European rearmament. Malte Lohan, CEO, AmCham EU also highlighted the importance of an open policy environment across the Atlantic to support cooperation and enable companies to contribute to Europe’s security and defence industrial base.

Authored by Malte Lohan, CEO, AmCham EU

The American Chamber of Commerce to the EU (AmCham EU) is deeply concerned by World Trade Organization members’ failure to reach agreement on the moratorium on E-Commerce at the 14th Ministerial Conference (MC14) in Cameroon. The absence of an agreement undermines legal certainty for businesses and consumers worldwide. This deadlock further underscores the need for significant WTO reform.

Since its introduction, the moratorium on customs duties on electronic transmissions has played a vital role in enabling the global digital economy by ensuring the smooth cross-border exchange of digital goods and services. In an increasingly digitalised global economy, predictability remains essential for companies of all sizes operating across borders.

WTO members must now renew efforts to re-instate the moratorium at the next General Council meeting as a matter of priority. Delivering such an outcome would strengthen the multilateral trading system and better reflect the realities of modern trade.