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Shaping Europe’s digital future

EU-US Trade and Technology Council (2021-2024)

The EU-US Trade and Technology Council serves as a forum for the United States and the European Union to coordinate approaches to key global trade, economic, and technology issues and to deepen transatlantic trade and economic relations based on these shared values.

American and EU flags

The European Union and the United States are partners strongly committed to driving the digital transformation and cooperating on new technologies based on their shared democratic values, including the respect for human rights.

This partnership aims to:

  • ensure that trade and technology serve our societies and economies, while upholding our common values and interests

  • strengthen our technological and industrial leadership

  • expand bilateral trade and investment

  • defend democracy, human rights and values

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Milestones and key deliverables

Brussels - Grand Place

EU-US Summit, Brussels, 15 June 2021

  • Establishment of the EU-US Trade and Technology Council. Ten working groups created.
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Pittsburgh downtown high-rises

Inaugural TTC Ministerial, Pittsburgh, 29 September 2021

  • TTC agenda and work programme agreed
  • Joint principles on AI, semiconductors, investment screening and export controls
  • Stakeholder consultations launched
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Paris - Eiffel tower

Second TTC Ministerial, Paris-Saclay, 16 May 2022

  • Policy cooperation across all areas

  • Restrictive measures and export controls against Russia after its brutal and illegal invasion of Ukraine agreed in record time

  • Strategic Standardisation Information (SSI) mechanism set up to monitor developments and coordinate positions in international standard-setting bodies

  • Taskforce on public support for secure connectivity in third countries established

  • Trade and labour dialogue with employees and businesses established

  • Resources for how SMEs can become more cybersecure

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Maryland high-rises

Third TTC Ministerial, Maryland, 5 December 2022

  • Joint roadmap for trustworthy AI and risk management adopted

  • Joint study on the impact of AI on the workforce published

  • Agreements on semiconductors subsidy transparency and supply chain early warning mechanisms signed

  • Transatlantic Initiative on Sustainable Trade launched

  • Memorandum of understanding between the European Investment Bank and the U.S. Development Finance Corporation

  • Secure connectivity packages in Kenya and Jamaica 

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Lulea waterfront

Fourth TTC Ministerial, Luleå, 31 May 2023

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Washington - Capitol

Fifth TTC Ministerial, Washington D.C., 30 January 2024

  • G7 AI code of conduct endorsed

  • Industry roadmap for 6G adopted

  • Semiconductors supply chain early warning mechanism activated

  • Stakeholder meeting on “Crafting the Transatlantic Green marketplace”

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Leuven city hall

Sixth TTC Ministerial, Leuven, 5 April 2024

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TTC achievements

partnership - 3 generic people with 3 starts on top

Advancing transatlantic leadership in emerging technologies

Against the background of a geopolitical race of technological edge, the TTC helps ensure democracies remain at the forefront in areas such as artificial intelligence, 6G, quantum or biotechnologies.

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locker symbolising economic security

Enhancing our respective economic security

Through the TTC we are partnering up to address risks to technology security and technology leakage, on export controls, investment screening and outbound investments, and promoting more resilient supply chains on semiconductors and green value chains.

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globle symbolising geopolitics

Addressing Russia’s war of aggression against Ukraine 

The TTC has been instrumental in coordinating restrictive measures against Russia, and tackling its disinformation operations around the world.

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A bag with coins inside symbolising trade and investment

Enhancing transatlantic trade and investment

Transatlantic trade is the biggest bilateral trade relationship in the world. The TTC is key not only to facilitate and promote transatlantic trade but also to support the transition to a low-carbon economy and to increase trade and investment of “green” goods and services, in particular through easier conformity assessment procedures and mutual recognition agreements.

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a cloud with connected dots symbolising cloud computing and networks

Converging on democratic digital governance

The TTC has facilitated growing convergence of transatlantic approaches to ensure that the digital transformation respects open markets and our democratic values, in areas such as trustworthy AI and accountability of platforms.

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a globe inside an hexagon with dots standing for a secure connected world

Promoting secure connectivity around the world

the TTC we are combining efforts to promote digital infrastructure projects with trusted vendors. Successful packages were launched in Kenya, Jamaica, Costa Rica and the Philippines.

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2 human figures connected with arrows symbolising cooperation

A platform for coordination on the global stage

The TTC has acted as a springboard to coordinate actions in international fora, leading to successful cooperation in standard-setting bodies, for elections to international posts, or launching first discussions,  such as on the AI code of conduct, then pursued through G7.

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a globe with 3 people on front

Enhancing the labour and SME dimension

The TTC has promoted a worker and SME approach to creating policy. Sectoral organisations, unions and other stakeholders were involved in drafting concrete recommendations for policy makers.

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