EU says U.S. trade, tech council to boost its clout, set rules for 21st century

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U.S.-EU Trade and Technology Council will focus on technology standards, green technology, supply-chain security, data governance, export controls, investment screening and global trade issues

This translation has been automatically generated and has not been verified for accuracy.The U.S.-EU Trade and Technology Council will give Europe more clout and set standards and rules for the 21st century, the EU’s trade and digital chiefs said, underscoring global concerns about China’s growing power.

“There is real strategic and geopolitical importance to this new platform as a way in setting standards and rules for the 21st century. So we need this Council to amplify our status,” Dombrovskis told reporters.Dombrovskis insisted, however, that the platform was not targeted at any particular country.

The Council’s 10 working groups will focus on technology standards, green technology, supply-chain security, data governance, export controls, investment screening and global trade issues, among others.“What we have achieved is a package that covers, I think, both offensive and defensive interests,” she told reporters.

 

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