EU-US: transatlantic partnership renewed
Brussels 15.06.2021 The EU-US summit on 15 June 2021 marked the beginning of a renewed transatlantic partnership and set a joint agenda for EU-US cooperation in the post-pandemic era. The leaders committed to regular dialogue to take stock of progress.
Key summit deliverables include three major new trade initiatives. The leaders agreed to:
– create a Cooperative Framework for Large Civil Aircraft;
– engage in discussions to resolve differences on measures regarding steel and aluminium by the end of the year;
– establish an EU-US Trade and Technology Council;
Charles Michel, President of the European Council, and Ursula von der Leyen, President of the European Commission, represented the EU. President Joe Biden represented the United States. It was the first EU-US summit since 2014 and the first visit by a US President to the EU institutions since 2017.
At the end of the summit, the leaders adopted a joint statement.
“The European Union and the United States represent 780 million people who share democratic values and the largest economic relationship in the world. We have a chance and a responsibility to help people make a living and keep them safe and secure, fight climate change, and stand up for democracy and human rights. We laid the foundations of the world economy and the rules-based international order after World War II based on openness, fair competition, transparency and accountability. Some of the rules need an update: to protect our health, our climate and planet, to ensure democracy delivers and technology improves our lives.
“We, the leaders of the European Union and the United States, met today to renew our Transatlantic partnership, set a Joint Transatlantic Agenda for the post-pandemic era, and commit to regular dialogue to take stock of progress.
“Together, we intend to: (i) end the COVID-19 pandemic, prepare for future global health challenges, and drive forward a sustainable global recovery; (ii) protect our planet and foster green growth; (iii) strengthen trade, investment and technological cooperation; and (iv) build a more democratic, peaceful and secure world. We are committed to uphold the rules-based international order with the United Nations at its core, reinvigorate and reform multilateral institutions where needed, and cooperate with all those who share these objectives”.