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EU, U.S. trade, technology body to meet May 15-16 in France

Published by maria gbaf

Posted on February 22, 2022

1 min read

· Last updated: February 8, 2026

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European Commission Vice President Margrethe Vestager speaks at a press conference on EU-U.S. trade - Global Banking & Finance Review
This image features European Commission Vice President Margrethe Vestager during a news conference in Brussels, discussing the upcoming EU-U.S. Trade and Technology Council meeting in France, aimed at strengthening transatlantic trade relations.
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BRUSSELS (Reuters) – The U.S.-European Union Trade and Technology Council, set up last year to mend strained transatlantic trade relations and help the allied democracies better compete with China, will meet for the second time on May 15-16 in France, EU antitrust chief Vestager said on Monday. “This forum is crucial for global leadership across a range of key […]

BRUSSELS (Reuters) – The U.S.-European Union Trade and Technology Council, set up last year to mend strained transatlantic trade relations and help the allied democracies better compete with China, will meet for the second time on May 15-16 in France, EU antitrust chief Vestager said on Monday.

“This forum is crucial for global leadership across a range of key issues,” Vestager said in a tweet.

U.S. Trade Representative Katherine Tai also said the TTC would address shared challenges.

The TTC convened for the first time on Sept. 29 in Pittsburg with U.S. Secretary of State Antony Blinken, Commerce Secretary Gina Raimondo, Tai, EU trade chief Valdis Dombrovskis and Vestager.

One of its objectives is taking a more unified approach to curb the power of tech giants while another is to set standards and rules for the 21st century.

(Reporting by Foo Yun Chee)

Frequently Asked Questions

What is the U.S.-European Union Trade and Technology Council?
The U.S.-European Union Trade and Technology Council is a collaborative forum established to enhance transatlantic trade relations and address shared challenges, particularly in technology and trade standards.
What are tech giants?
Tech giants refer to large, dominant technology companies that have significant influence over the market, often raising concerns about their power and the need for regulatory oversight.
What is the purpose of setting standards and rules for the 21st century?
Setting standards and rules for the 21st century aims to create a framework that governs emerging technologies and trade practices, ensuring fairness, security, and competitiveness in the global market.

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