RGIT submits comment to USTR on U.S.-EU High Level Working Group on Jobs and Growth

02/09/2012

RGIT calls for a deep and comprehensive bilateral initiative in transatlantic trade. All relevant areas including tariffs, non-tariff barriers, services, investment, public procurement IPR and human resources should be covered. The first priority should be the harmonization of standards and regulations.

RGIT, DIHK, BDI and the German American Chambers of Commerce (GACCs) have been strong supporters of the Transatlantic Economic Council (TEC) since its creation at the 2007 EU-U.S. Summit in Washington, DC. Especially with respect to the reduction of non-tariff barriers we consider the TEC to be an extremely important institution. Nevertheless, we can do much more to facilitate bilateral trade in goods and services, investment, regulatory cooperation, government procurement and intellectual property rights protection.

The full comment can be found here (PDFs):