U.S.-EU Trade and Technology Council Inaugural Joint Statement – The White House

The White House
1600 Pennsylvania Ave NW
Washington, DC 20500
September 29, 2021
Pittsburgh, Pennsylvania

Section 1.  Pittsburgh Statement
Section 2.  Pittsburgh outcomes
Section 3.  Future scope of work

The United States and the European Union ask that each of the working groups established under the TTC carry forward important work to strengthen our relationship and cooperation. Specifically, we ask that the working groups, by our next meeting, focus on the following:
Annex I
Statement on Investment Screening
Annex II
Statement on Export Control Cooperation
Principles
Cooperation areas

The United States and the European Union intend to enhance their cooperation in the following areas:
Next Steps

To implement these Principles and initiate the Consultations, the Export Control Working Group is tasked to:
Annex III
Statement on AI
Areas of cooperation

The United States and the European Union want to translate our common values into tangible action and cooperation for mutual benefit.
Annex IV
Statement on Semiconductor Supply Chains
Annex V
Statement on Global Trade Challenges
The United States and the European Union intend to initially focus on the following specific objectives in the Global Trade Challenges Working Group.

Trade Policy Cooperation towards Non-Market Economies (NMEs)

In paragraph 22 of the Joint Statement issued following their June 15, 2021 summit meeting, President Biden, President Michel, and President von der Leyen stated:
 “We intend to work cooperatively on efforts to achieve meaningful World Trade Organization (WTO) reform and help promote outcomes that benefit our workers and companies…We intend to seek to update the WTO rulebook with more effective disciplines on industrial subsidies, unfair behavior of state-owned enterprises, and other trade and market distorting practices.” 
As a complement to this cooperation, the United States and the European Union intend to focus in the Global Trade Challenges Working Group on responding to the challenges posed by non-market economies cited in the June 15 Joint Statement.

The United States and the European Union, as democratic market economies, share a number of core values, including with respect to human and labor rights, environmental protection, the rule of law, non-discrimination, regulatory transparency, market-based commerce, and the freedom to innovate and to have innovations protected.

We intend to work together in the Global Trade Challenges Working Group to ensure that our trade policies support these and other shared values, including by promoting them internationally and by resisting challenges to these values in global commerce arising from non-market distortive policies and practices.

Among the actions the United States and the European Union intend to take in the Global Trade Challenges Working Group with respect to this objective are the following:
To improve the use and effectiveness of such domestic measures, the United States and the European Union intend to:
Avoiding New and Unnecessary Barriers to Trade in New and Emerging Technologies

The United States and the European Union recognize and respect the importance of regulation of goods and services to achieve legitimate policy objectives. They are also aware that such regulations may have unintended consequences and result in barriers to trade between them and that such barriers, once implemented, can be challenging to remove. Consequently, the United States and the European Union intend to work to identify and avoid potential new unnecessary barriers to trade in products or services derived from new and emerging tech, while ensuring that legitimate regulatory objectives are achieved.

This work will fully respect each side’s regulatory autonomy and regulatory system, and will promote the highest level of openness and transparency and welcome input from all interested stakeholders.

Cooperation on Trade and Labor

The United States and the European Union intend to promote together and in an inclusive way the protection of fundamental labor rights, including by combatting the scourge of forced and child labor, with each side using relevant trade policies and tools, including FTAs and unilateral measures, such as preference and other programs, and cooperating in the ILO, WTO, and other appropriate multilateral fora. Both sides intend to promote responsible business conduct, with the aim of enhancing the sustainability of global value chains. In pursuit of these objectives, we intend to:
Cooperation on Trade-Related Environmental and Climate Policies and Measures

The United States and the European Union underline the positive role that trade can play in addressing environmental challenges such as climate change, achieving climate neutrality, and supporting the transition to a more circular economy. The United States and the European Union intend to consult on the inclusion of trade-related climate and environment issues in the work plan of the Global Trade Challenges Working Group.

Consultation with Stakeholders

The United States and the European Union welcome input from and dialogue with business, trade unions, consumer organizations, and environmental and other non-government organizations on the work of the Global Trade Challenges Working Group, including joint input from transatlantic groupings of stakeholders.
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