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Together with 14 other associations, AmCham EU has signed a joint statement on the European Commission’s Digital Omnibus on AI, calling for a clear, simple and innovation-friendly implementation of the AI Act. Co-legislators should swiftly reach an agreement on an ambitious final text that keeps simplification at its core. Measures to streamline overlaps with existing EU legislation and improve legal certainty are essential, alongside targeted adjustments to ensure the framework remains practical. This includes extending grace periods for generative AI labelling requirements, ensuring greater legal clarity for AI systems entering the EU market, preserving the risk-based approach of the AI Act by exempting non high-risk systems from registration, and supporting fixed compliance deadlines for high-risk systems.

Learn how the EU can support a clear and innovation friendly framework in the joint statement.

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.