U.S.-EU Trade and Technology Council (TTC)

President Biden, European Commission President von der Leyen, and European Council President Michel established the U.S.-EU Trade and Technology Council (TTC) at the June 2021 U.S.-EU Summit. 

The Summit affirmed both the United States’ and the EU’s commitment to renew and reinvigorate the Transatlantic partnership, and deepen U.S.-EU cooperation.

Our Transatlantic Relationship

The TTC is an essential platform for the U.S.-EU relationship to advance Transatlantic cooperation and democratic approaches to trade, technology, and security, with the goal of delivering benefits for people on both sides of the Atlantic.

United States and European Union two-way trade in goods and services is $1.1 trillion annually.

Co-Chairs

The United States and EU are represented in the TTC by five co-chairs:

U.S. Secretary of State Antony Blinken
U.S. Secretary of Commerce Gina Raimondo
U.S. Trade Representative Katherine Tai
European Commission Executive Vice-President and EU Competition Commissioner Margrethe Vestager
European Commission Executive Vice-President and EU Trade Commissioner Valdis Dombrovskis

Working Groups

The United States and the EU have established 10 TTC Working Groups, which are chaired by relevant U.S. agencies and European Commission services.

Technology Standards
Climate and Clean Tech
Secure Supply Chains
ICTS Security and Competitiveness
Data Governance and Technology Platforms
Misuse of Technology Threatening Security & Human Rights
Cooperation on Export Controls of Dual Use Items
Investment Screening Cooperation
Promoting SME Access To and Use of Digital Technologies
Global Trade Challenges

The U.S.-EU Trade and Technology Council is addressing issues ranging from • technology standards to • global trade to • supply chain security.

These working groups will focus on:

Tech standards,
Climate and green tech,
Secure supply chains,
Information and communications technology and services (ICTS) security and competitiveness,
Data governance and tech platform regulation,
Misuse of technology threatening security and human rights,
Export controls,
Investment screening,
Promoting SME access to and use of digital technologies, and
Global trade challenges.

Our cooperation in the TTC demonstrates that democratic approaches to trade, technology, and innovation can improve the lives of our citizens and generate greater prosperity for people around the world.

The U.S.-EU Trade and Technology Council will serve as a vehicle to help fight the climate crisis.

The TTC co-chairs met in Pittsburgh on September 23, 2022, Paris/Saclay, France on May 16, 2022, and Washington, DC on December 6, 2022.

Resources

Statements

U.S.-EU Joint Statement of the Trade and Technology Council (Dec 5, 2022)
U.S.-EU Summit Statement (June 2021)
U.S.-EU Trade and Technology Council Inaugural Joint Statement (September 2021)
U.S.-EU Joint Statement of the Trade and Technology Council (May 2022)

Fact Sheets

Department of Commerce

Department of Commerce: U.S.-EU Trade and Technology Council. Learn about the Department of Commerce’s engagement on the TTC.

U.S. Department of Commerce Events. U.S.-EU Trade and Technology Council’s events led by the U.S. Department of Commerce.

United States Trade Representative

United States Trade Representative: U.S.-E.U. Trade and Technology Council. Learn about the United States Trade Representative’s engagement on the TTC.

History

Transatlantic Economic Council. Learn about the history of U.S.-EU economic cooperation.

U.S.-EU Trade and Technology Council (TTC)

Our Transatlantic Relationship

Co-Chairs

Working Groups