AmCham EU

Priorities at the fourth TTC in Luleå, Sweden

26 May 2023

All Committees

Transatlantic

The EU and the US will meet on 30-31 May, in Luleå, Sweden, to hold the fourth Trade and Technology Council ministerial meeting. It is critical that, among others, they push for more details on an expected agreement on critical raw materials, encourage further transparency in semiconductor supply chains and advance on the ongoing cooperation on artificial intelligence. You can read more about our priorities to the fourth ministerial here.

Building a reliable framework for transatlantic data flows

25 May 2023

All Committees

Digital Economy

Thursday, 25 May marks the fifth anniversary of the European General Data Protection Regulation. This milestone serves as a strong reminder of the importance of having a stable and workable regulatory environment for what has become the lifeblood of our economy: data transfers. However, the Court of Justice of the European Union’s decision to invalidate the EU-US Privacy Shield in 2020 has left companies across the Atlantic without a framework that enables them to transfer data compliantly. It is time for the EU and the US to find a sustainable replacement and establish the EU-US Data Privacy Framework – here’s how.

Addressing industry concerns on the Product Liability Directive

25 May 2023

All Committees

Consumer affairs

Discussions around the Product Liability Directive must not to be rushed to avoid harming innovation in the technology sector. In order to craft a proportionate consumer protection framework, AmCham EU and eight other organisations have signed a letter outlining industry concerns that the Commission must address. Read the joint statement for more on our concerns and recommendations.