2020 Annual Report

2020 was a year like no other. What started with optimism around a fresh European Commission mandate, as well as a US election on the horizon, quickly gave way when the first cases of COVID-19 landed on European shores. Despite the challenging circumstances, we worked to continue to provide value for our members by adapting to the unique context. The impacts of the pandemic have only further highlighted the importance for AmCham EU to continue being a strong voice for American companies in Europe. Our 2020 annual report provides a snapshot of how AmCham EU continues to be the best representative for US business committed to and invested in Europe.

News
30 Jun 2021
2020 Annual Report

2020 was a year like no other. What started with optimism around a fresh European Commission mandate, as well as a US election on the horizon, quickly gave way when the first cases of COVID-19 landed on European shores. Despite the challenging circumstances, we worked to continue to provide value for our members by adapting to the unique context. The impacts of the pandemic have only further highlighted the importance for AmCham EU to continue being a strong voice for American companies in Europe. Our 2020 annual report provides a snapshot of how AmCham EU continues to be the best representative for US business committed to and invested in Europe.

Want to see more of what we've been up to in 2020, but also the first half of 2021? Watch our 2020 and 2021 highlight videos and don't forget to follow us on Twitter and LinkedIn for all our latest updates.

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Increasing certainty around the €150 customs duty de minimis threshold

The Commission’s proposed transitional rules to anticipate the removal of the €150 customs duty threshold risk creating distortions and unnecessary complexity. As discussed at the Trade Contact Group in January 2026, the current approach could undermine simplification efforts and lead to an uneven playing field between businesses involved in low-value distance sales. 

Co-legislators should consider targeted changes to address these risks. In particular, the temporary €3 duty and the use of the H7 simplified customs declarations should apply consistently to all distance sales below €150. H7 data requirements for simplified procedures should also remain proportionate and not exceed those of the standard H1 dataset. Finally, changes to the definition of the customs declarant should be avoided where they may create legal uncertainty or increase fraud and liability risks.

Find out more about why a proportionate and legally sound approach is essential for a workable de minimis transition. 

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Full speed to net zero

The transport sector accounts for around a quarter of the EU’s total greenhouse gas emissions, with road transport responsible for the majority. As a company dependent on efficient logistics, Amazon is taking concrete steps to decarbonise its operations and support Europe’s climate ambitions. Across several Member States, the company is expanding its fleet of zero-exhaust emission vehicles, investing in electric trucks and delivering packages by lower-emission rail freight. These initiatives demonstrate how innovation in transport can combine operational efficiency with environmental responsibility. Read the full story on Invested in Europe. 

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Highlighting the importance of EU-US cooperation in Lisbon

On Tuesday 27 January, Malte Lohan, CEO, AmCham EU, took part in AmCham Portugal’s Transatlantic Business Summit in Lisbon, Portugal to discuss Europe’s economic resilience in a rapidly changing geopolitical environment. His speech underlined that the EU-US relationship remains the world’s largest and most consequential economic partnership. He also covered the need to strengthen the Single Market, restore Europe’s competitiveness and avoid fragmentation that risks undermining growth. Economic resilience relies on predictability, openness and a stable transatlantic trade and investment environment. 

Transatlantic
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Read more about Highlighting the importance of EU-US cooperation in Lisbon