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Introducing the Youth Entrepreneurship Award finalists

14 Jun 2023
All Committees

With the EU celebrating the European Year of Skills, AmCham EU and JA Europe are pleased to announce the three finalists for the Youth Entrepreneurship Award 2023. The award, now in its 11th edition, recognises young people’s entrepreneurial spirit and aims to foster innovation in Europe. The finalists were selected from a pool of applicants from all over Europe. The winner will be selected by a high-level jury and announced on Wednesday, 28 June at AmCham EU’s Gala evening. 

The trends that will shape the Spanish Presidency

14 Jun 2023
All Committees

With Spain set to take over the rotating Presidency of the Council of the European Union in less than two weeks, where should España’s priorities stand? Susan Danger, CEO, AmCham EU, spoke at AmChamSpain’s Global Trends: Energy, Technology, and Friendshoring in Times of Global Turbulence, to outline AmCham EU’s recommendations for the upcoming six months. She emphasised the importance of moving forward with the twin digital and green transitions, easing up on the regulatory burden at the EU-level and further strengthening the transatlantic partnership.  

Rewarding start-ups on the Single Market’s anniversary

13 Jun 2023
All Committees

On Wednesday, 7 June, Thibaut L’Ortye, Public Affairs Director, AmCham EU, organised in collaboration with Junior Achievement Europe. The first edition of the competition, held in celebration of the 30th anniversary of EUROPEN and the Single Market, recognises start-ups that maximise the opportunities presented by the Single Market. The winner, SEaNSOR from Greece, offers a solution to illegal fishing and locating waste through the use of sound sensors. SEaNSOR received a €1,000 prize and was invited to attend the Gen-E 2023 conference in Istanbul.

Decarbonised competitiveness: the Net-Zero Industry Act

12 Jun 2023
All Committees
Competition policy
Environment

Meeting environmental targets while maintaining the attractiveness of Europe should be an urgent goal of the Net-Zero Industry Act (NZIA). True commitment to competitive decarbonisation requires the NZIA to include all sectors across the value chain, while also clarifying key provisions. Technological neutrality, streamlined access to financing and skills development should all be priorities in reaching the EU’s net-zero goals. Read how the EU can became a global leader in sustainable competitiveness through the NZIA. 

Levelling the playing field for European investment

7 Jun 2023
All Committees
Competition policy

Reports show that the European Commission is considering ways to limit administrative barriers in the Foreign Subsidies Regulation Implementing Regulation (FSR IR) to ensure that the FSR does not deter investment in Europe. AmCham EU, along with nine other signatories, is encouraged to see that industry feedback has been considered in the text. Limiting onerous reporting obligations, addressing confidentiality concerns and exempting certain categories of non-distortive financial contributions would make FSR compliance easier for companies committed to investing in Europe. Read why we are encouraged by the Commission's reported consideration of industry perspectives. 

AmCham EU Board hosts Ambassador Ailish Campbell

5 Jun 2023
All Committees

On Friday, 2 June, AmCham EU’s Board of Directors welcomed Ailish Campbell, Ambassador of Canada to the European Union. The discussions covered a range of current issues as well as insights on the investment climate, artificial intelligence, the EU-Canada Comprehensive Economic and Trade Agreement (CETA) and the war in Ukraine.   

The industry view on corporate sustainability due diligence

5 Jun 2023
All Committees

The proposed Directive on corporate sustainability due diligence (CS3D) needs to be clear and manageable for industry. Full harmonisation, balanced legal liability provisions and engagement from relevant stakeholders should be taken into account for the next stages of the legislative process. Read all of the recommendations put forward by AmCham EU and 35 other organisations on how to avoid legal uncertainty and contribute to the green transition.    

Trade and Technology Council: fourth ministerial advances transatlantic cooperation

5 Jun 2023
All Committees
Transatlantic

Leaders from the EU and the US met on 30 and 31 May in Luleå, Sweden, for the fourth ministerial meeting of the Trade and Technology Council (TTC). American companies in Europe support the wide range of deliverables that were announced, in particular the degree of ambition in the area of sustainable trade.

The details of data

1 Jun 2023
All Committees
Digital Economy

What can Europe and the US do to build closer ties through data? Our panel discussion on Thursday, 1 June moderated by Tanguy Van Overstraeten, Issue Lead, Privacy and Data Flows, AmCham EU and Partner, Linklaters explored this question and more. Participants heard why an effective framework for transatlantic data flows is needed from Bruno Gencarelli, Head of Unit, International Affairs and Data Flows, Directorate-General for Justice, European Commission; Aaron Held, Commercial Officer, Digital Policy, Health Policy, Artificial Intelligence Policy, US Mission to the EU and Gwendal Legrand, Deputy Head of the European Data Protection Board Secretariat, European Data Protection Board. 

The times they are a-changin': technology and AmCham EU

31 May 2023
All Committees

Do you remember a time before personal computers were common? What about email, the internet or social media? When was the first time you hopped on a video conference? Over the last 60 years, these and other technologies have become integral to our homes and workplaces – especially when that work is building a strong and united Europe and strengthening the transatlantic relationship. Take a history lesson on how AmCham EU evolved with changes in technology.  

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 has created uncertainty for transferring personal data across the Atlantic. 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. 

AmCham EU confirms new Chair of the Communications Group

24 May 2023
All Committees

AmCham EU would like to congratulate Victoria Main (SEC Newgate EU), who has been confirmed as the new Chair of the Communications Group and Member of the Board of Directors for a two- year mandate. We welcome Victoria to her new role, and look forward to working with her. The confirmation election is following the resignation of outgoing Board member Leah Charpentier (former First Solar). AmCham EU expresses our sincere thanks for her valuable contribution to the Board over the past nearly four years. The official handover took place at our plenary meeting on Tuesday, 23 May

Industry raises concerns over the EU Cybersecurity Certification Scheme for Cloud Services

23 May 2023
All Committees
Digital Economy

AmCham EU, along with 12 other organisations, calls for a swift adoption of a workable and non-discriminatory EU Cybersecurity Certification Scheme (EUCS). Transparency, stakeholder involvement, digital sovereignty requirements and clarity with other EU legislation are just some of the areas that must be addressed. Any EU cybersecurity certification scheme should focus on technical measures to strengthen security and resiliency and, it should rely on and be aligned with consensus-based international standards that have proven to be efficient by way of broad industry adoption. Read more in the joint business statement

Driving transatlantic digital development

23 May 2023
All Committees
Digital Economy

How can the EU and US build closer ties in the digital sphere? Renate Nikolay, Deputy Director-General, Directorate-General for Communications Networks, Content and Technology, European Commission joined us on Tuesday, 23 May, for a discussion on how the transatlantic relationship can drive the digital transition. Data flows, digital services and e-commerce are just some of the many opportunities to build a closer relationship across the Atlantic. 

Leadership Update

17 May 2023
Digital Economy
Environment
Healthcare
Transport, Energy & Climate

AmCham EU is pleased to announce recent election results and welcome these new and re-elected leaders. We wish successful terms to Jérémy Fouriau (HP Inc.); Luca Ibelli (Procter & Gamble); Fanny van der Loo (Edwards Lifesciences); Natasa Sbrizaj (3M); and Antonella Sopranzetti (ExxonMobil) who were elected in February. In March we announced the elections of Jean-Marc Leclerc (IBM) and Emilia Valbum (3M). 

The Secretariat would also like to thank those who are stepping down for the extraordinary work they completed during their terms: Sophia Chrysopoulou (The Coca-Cola Company), Marija Dabrisiute (formerly BCW), Emilia Valbum (3M), who continues as Vice-Chair, Transport, Energy and Climate Committee; and Christelle Verstraeten (formerly ChargePoint). 

More details about the leadership changes mentioned above can be found here.   

Joint business preliminary statement on the Union Customs Code Reform Package

17 May 2023
All Committees
Customs & Trade Facilitation

Striking a balance between trade simplification and enforcement will make the customs union a driver of future competitiveness for the EU. To this end, AmCham EU, along with 13 other signatories, supports the publication of the Union Customs Code Reform Package on Wednesday, 17 May. Compatibility with WTO rules, uniform application and the close involvement of trade representatives will be key in ensuring the reform reaches its full potential. Read more in the joint business statement.

AmCham EU heads across the pond with AmChams in Europe

16 May 2023
All Committees
Transatlantic

From Sunday, 7 May to Friday, 12 MaySusan Danger, CEO, AmCham EU participated in a delegation of AmChams in Europe to the United States, in her capacity as Chairwoman of the network. Thibaut L’Ortye, Director of Public Affairs, AmCham EU also joined the trip which brought together  representatives from 25+ AmChams. The group met with leading US stakeholders, including Jose Fernandez, Under Secretary for Economic Growth, Energy, and the Environment, US Department of State; Marisa Lago, Under Secretary of Commerce for International Trade, International Trade Administration, US Department of Commerce and Suzanne Clark, President and CEO, US Chamber of Commerce; to discuss the importance of the transatlantic relationship, the competitiveness of Europe, energy and other global challenges.  

Securing supply chains with the Critical Raw Materials Act

11 May 2023
All Committees
Responsible Business Conduct

The European Union’s Critical Raw Materials (CRM) Act is a vital part of its Green Deal Industrial Plan, as CRMs are essential components in the green and digital transitions. By remaining flexible in defining CRMs, standardising environmental calculations and investing in recycling, the EU would aid companies in developing clean technology and bolster Europe’s attractiveness. Additionally, by pursuing international partnerships with likeminded countries, such as the US, the EU can build resilient CRM supply chains. To aid in building an effective piece of legislation, US companies stand ready to provide any additional input. Read how we can develop clean technology and bolster Europe’s attractiveness through CRM's. 

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