European Institute

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Trade & Investment

The European Institute's Roundtable on Trade and Investment examines the development of the transatlantic market by providing its members with information from leading public and private sector decision makers in the U.S. and Europe. The Roundtable assesses the progress of the Transatlantic Economic Council, as well as the ongoing Doha Round and other multilateral and bilateral trade agreements. This program will also focus on the reemergence of protectionist policies spurred by the global economic crisis, evolving antitrust cases and laws, non-tariff trade barriers such as investment controls and tax policies, and intellectual property rights. The Roundtable on Trade will also examine the implications of U.S. and EU trade relations with third countries and any advancements in agricultural policy between the U.S. and EU.

Recent Meetings:


A Test to Competitiveness: Challenges in the Economic Slowdown Print Email
05/07/08

The Honorable Sauli Niinistö, Speaker of the Parliament of Finland addressed the challenges to maintaining competitiveness in the current global economic environment. Finland was ranked sixth overall in the World Economic Forum’s 2007-2008 Global Competiveness Index. The categories in which Finland consistently out-performed others were that of:  institutions, higher education and training, and innovation. The U.S. perspective was presented by Leon Sequeira, Assistant Secretary for Policy, U.S. Department of Labor, who is a principal advisor to the Secretary of Labor on regulatory, legislative and policy issues affecting the Department and the American workforce.

 
The Growing Role of Sovereign Wealth Funds Print Email
04/10/08

Antonio De Lecea, Director for International Economic and Financial Affairs at the European Commission, offered his assessment of the European Commission’s proposed common approach to sovereign wealth funds, and Nova Daly, Deputy Assistant Secretary for Investment Security at the U.S. Department of the Treasury, examined the role of CFIUS in regulating the flow of sovereign wealth funds into the United States. The Hon. Patrick Mulloy, Member, U.S.-China Economic and Security Review Commission expressed his concern about sovereign wealth funds and their influence on the U.S. government and economy. Klaus Stein, IMF Executive Director for Germany; Jarle Bergo, Alternate IMF Director for the Nordic/Baltic States; and François Teissonnière, Managing Director, Telecoms, Rothschild Inc. presented perspectives from Germany, Norway, and the private sector on the issue. Thomas J. Karol, President and COO of the newly formed Sovereign Investment Council emphasized the positive aspects of these funds and advised against excessive regulation that would lead to perceptions of protectionism. The discussion was moderated by James Mendenhall, Partner, at Sidley Austin LLP.

 
Consumer Protection and the Transatlantic Relationship Print Email
10/03/07

The Honorable Meglena Kuneva, European Commissioner for Consumer Protection presented the Commission’s recently completed Review of Consumer Protection Law, which seeks to strengthen, modernize and harmonize consumer protection regulations within the member states of European Union. She emphasized the importance of enforcement of consumer laws and the need for stronger discipline within the EU member-states regarding consumer policy. She was optimistic regarding the EU-U.S. consumer relationship, as both share the same goals and priorities. The high level of transparency between the U.S. and EU is good for the international economy. Lydia Parnes, Director of the Bureau of Consumer Protection at the U.S. Federal Trade Commission concurred and noted that the Transatlantic Consumer Dialogue (TACD) is a good forum for the U.S. and EU to share information and to further collaboration efforts. The discussion was moderated by Raymond Calamaro, a partner at Hogan & Hartson LLP, in whose offices the meeting was held.

 
New Trends in Defense Procurement and Export Controls: Views from the U.S., Europe and NATO Print Email
05/22/07

Moderated by Mark Esper, Executive Vice President, Aerospace Industries Association (AIA), the first session of the seminar explored the impact of export controls on defense procurement. William Lowell, Consultant and former Director of the U.S. State Department’s Office of Defense Trade Controls detailed efforts to promote industrial cooperation. Hendrik Petersson, Vice President Export Compliance, Saab AB, highlighted the impact of ITAR regulations on the European defense industry and the future of an intra-community transfer regime. Peter Lichtenbaum, Vice President of Regulatory Compliance and International Policy, BAE Systems, addressed the challenges caused by export controls and their effects on international trade policy. François Gayet, Secretary General, AeroSpace and Defense Industries Association of Europe (ASD), served as the moderator for the second session at which Bernard Rétat, Chairman of the Defense Commission, ASD outlined European initiatives to streamline defense procurement and create a more competitive environment. The Hon. Robert Bell, Chairman of the NATO Industrial Advisory Group (NIAG) Study Group on Trans-Atlantic Defense Industrial Cooperation and Senior Vice President for European Business Development, SAIC examined the growing importance of interoperability and NATO procurement. Gary Powell, Assistant Deputy Under Secretary of Defense for Industrial Policy outlined specific Defense Department goals for Acquisition, Technology & Logistics (AT&L Goals). In his keynote remarks, The Hon. Marshall Billingslea, Acting Deputy Under Secretary of the Navy, and until recently Assistant Secretary General of NATO for Defense Investment, reviewed new trends in defense technology and procurement and their impact on the transatlantic alliance.

 
Transatlantic Cooperation on Biotechnology: Biosimilars and Orphan Medicines Print Email
05/10/07

Georgette Lalis, Director for Consumer Goods, DG Enterprise and Industry, European Commission, outlined the European Union’s policy on the authorization of bio-similars and expressed her wish to continue and improve transatlantic dialogue on the subject. Dr. Murray Lumpkin, Deputy Commissioner for International and Special Programs, U.S. Food and Drug Administration presented the U.S. perspective was. The discussion was centered on the topic of regulatory frameworks for authorizing the marketing of follow-on biologics, referred to in Europe as bio-similars. The meeting was moderated by Charles Ludolph, Senior Vice President of Stonebridge International, LLC.

 


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