EU-US High Level Working Group on Jobs and Growth
EU-US High Level Working Group on Jobs and Growth
At the EU-US Summit meeting of 28 November 2011, the leaders of the European Union and of the United States directed the Transatlantic Economic Council (TEC) to establish a High Level Working Group on Jobs and Growth, led by US Trade Representative Ron Kirk and EU Trade Commissioner Karel De Gucht. The Working Group was tasked to identify policies and measures to increase EU-US trade and investment to support mutually beneficial job creation, economic growth, and international competitiveness. Leaders asked the Working Group to work closely with all public and private sector stakeholder groups, and to draw on existing dialogues and mechanisms, as appropriate.
In its interim report, issued on 19 June 2012, the High Level Working Group reached the preliminary conclusion that a comprehensive transatlantic trade and investment agreement, if achievable, would be the option with the greatest potential for supporting jobs and promoting growth and competitiveness across the Atlantic.
In its final report, adopted on 11 February 2013, the High Level Working Group concluded that a comprehensive agreement that addresses a broad range of bilateral trade and investment issues, including regulatory issues, and contributes to the development of global rules, would provide the most significant mutual benefit of the various options we have considered. The EU and US co-chairs therefore recommended to Leaders that each side initiate as soon as possible the formal domestic procedures necessary to launch negotiations on a comprehensive trade and investment agreement.
On 13 February 2013, US President Barack Obama, European Council President Herman Van Rompuy and European Commission President José Manuel Barroso announced, on the basis of the High Level Working Group conclusions, that they would initiate internal preparations for the launch of such negotiations. Bilateral negotiations on a Transatlantic Trade and Investment Partnership.are expected to start in mid-2013.
Useful documents
- Fact sheet on High Level Working Group on Jobs and Growth, 28 November 2011
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Interim Report
of High Level Working Group on Jobs and Growth, 19 June 2012 -
Final Report of High Level Working Group on Jobs and Growth, 11 February 2013
- EU-US statement on the launch of negotiations for a Transatlantic Trade and Investment Partnership, 13 February 2013
Additional information can be found on the webpage of the Directorate-General for Trade
Public consultations and calls for contributions
- Initial general public consultationon the EU-US High Level Working Group on Jobs and Growth, completed on 23/04/2012
- Public consultation on the future of the EU-US trade and economic relations, completed on 27/09/2012
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Joint EU-US solicitation on regulatory issues issued by DG Enterprise/DG Trade and OIRA/USTR [97 KB] , completed on 31/10/2012
Notice to stakeholders: public session of the EU-US High Level Regulatory Cooperation Forum in Washington, D.C. – 10-11 April 2013
This meeting aims to provide interested persons – in particular those who submitted comments in response to the above-mentioned EU-US solicitation on regulatory issues – with an opportunity to present their proposals to promote greater transatlantic regulatory compatibility.
Draft agenda [196 KB]
IMPORTANT:
Persons wishing to attend the meeting or to provide an oral statement are invited to declare their interest no later than 20 March 2013. Please follow the instructions laid down in the public notice [222 KB] .
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