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From Monday, 27 to Wednesday, 29 April, AmCham EU travelled to Paris, France and the European Parliament in Strasbourg, France for a series of meetings on EU financial services policy developments. The delegation engaged with representatives from French and European financial authorities, Members of the European Parliament, Accredited Parliamentary Assistants and Group Policy Advisers, to share business perspectives on the EU’s financial services agenda. Discussions focused on how to improve Europe’s competitiveness, deepen capital markets and create the right conditions for innovation in digital finance. Members also highlighted the need for more coherent and interoperable rules that reduce complexity while encouraging long-term investment through risk-based regulation.

At the European Food Forum’s Navigating US Tariffs: Impact on European Food and Drink Trade, Economy and Future Relations, Edouard Coppieters, Senior Policy Adviser, AmCham EU, spoke about the new reality in which US agri-food companies operate. Taking place on Thursday, 9 April, he outlined the continued growth of EU-US agri-trade and the need for the EU to continue to diversify its trade partners, welcoming the recent announcement of deals with Australia and India. Alongside Brando Benifei, MEP (IT, S&D), he noted that tackling the uncertainty created by tariffs is essential and that to this end, the Framework Agreement between the EU and US is a needed stable basis. Although tariffs bring uncertainty, the EU must not lose sight of the predictability steps it can take to ensure it remains competitive and attractive to potential new trading partners.

The EU’s agri-food regulatory framework is fragmented and lacks predictability. The Food and Feed Safety Omnibus is a chance to address these shortcomings by reducing delays, improving consistency and easing compliance burdens that limit market access. 

Uncertainty discourages investment and slows the uptake of new solutions. A more proportionate approach can improve legal certainty and support more consistent implementation across Member States. At the same time, maintaining a science-based, risk-based approach to trade measures is necessary to safeguard food security and avoid supply disruptions.