FOCUS OF THE HEARING:
The United States and the European Union have a vital and long-standing relationship, including close economic ties. The central challenge facing the transatlantic economic relationship, however, is how to maximize and, in some respects to reinvigorate, the relationship so as to advance common bilateral and global interests. The hearing will focus on: (1) potential issues presented by differences in approaches to regulatory standards on both a bilateral and multilateral basis; (2) ways to advance the World Trade Organizations’ (WTO) Doha Round of international trade negotiations; (3) opportunities for greater engagement between Congress and the European Parliament, particularly given the Parliament’s heightened role in European trade policy-making; and (4) ways to take advantage of existing structures, including the Transatlantic Economic Council (TEC), the WTO and Article 2 of the North Atlantic Treaty Organization (NATO) treaty to promote economic collaboration.
Click here for a printable list of witnesses.
