TTC in Washington DC: Creating a transatlantic marketplace for sustainable goods

On 31 January, in the context of the EU-US Trade and Technology Council (TTC) and the Transatlantic Initiative on Sustainable Trade (TIST) in Washington, BusinessEurope and the US Chamber organised two panel discussions on the role of green procurement and on the digital tools for advancing more sustainable trade and investment across the Atlantic. The need for stronger public-private partnerships and the importance of enabling a legal environment that does not stifle innovation and facilitates the uptake of new technologies were among the key topics that came out in both discussions. We also addressed stronger Transatlantic cooperation on standards that promote more sustainable procurement and trade, and better information exchange between business and relevant authorities on existing technologies that enhance sustainably. This discussion needs to continue to develop further concrete proposals that can be taken up in the discussions between EU and US policymakers.

This event coincided with the 5th TTC Ministerial ahead of which BusinessEurope and the US Chamber issued joint recommendations.