Using collaboration to tackle global trade challenges

On Friday, 22 November Malte Lohan, CEO, AmCham EU spoke at the European Commission’s high-level forum on global non-market overcapacity. Organised by Inspire, Debate, Engage and Accelerate Action, the internal advisory hub to European Commission President von der Leyen, Mr Lohan underscored the critical importance of addressing global trade challenges. With companies facing increasingly stringent regulatory requirements in Europe that their counterparts in non-market economies are not held to, he emphasised the need for a proactive competitiveness roadmap and an ambitious trade agenda. He also underscored the importance of a unified EU-US response. By working via platforms such as the Trade and Technology Council and the WTO, both Europe and the US can collaborate on shared challenges, including overcapacity.