Energy & transport international relations
The European Union and the United States share a long tradition working together to promote strong economic growth. This is pursued through multilateral and bilateral mechanisms. Bilaterally, the EU-US annual presidential Summits have fostered cooperation.
At the 2004 Summit in Shannon, Ireland, the EU and the US committed themselves to strengthen economic partnership. Regarding energy and transport, they agreed to “work together to enhance trade and transport security while facilitating the movement of people and goods and to develop and help disseminate energy efficiency technologies”. The EU and the US signed an agreement between Galileo and the Global Positioning System (GPS). They also agreed to continue cooperation on the development of the hydrogen economy based on the joint statement agreed at the 2003 Summit.
At the Washington Summit in June 2005, the EU and the US launched an initiative to enhance economic partnership including air cargo traffic and air transport security and a declaration to cooperate on energy security, energy efficiency, renewables and economic development.
At the June 2006 Vienna Summit, the EU and the US presented a joint declaration to strengthen their strategic partnership. They agreed strategic cooperation on energy. Regarding transport, they will pursue dialogue on border and transportation security. They agreed to redouble efforts to conclude a first stage air transport agreement and also to enhance cooperation on the legal framework governing the transfer of air passengers’ data.
|last update: 11-02-2009|