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[To Eurosmart members only]
Conclusions from the 2nd EU-US TTC meeting
On 16 May, the second meeting of the EU-US Trade and Technology Council (TTC) took place in Paris Saclay.
In a Joint Statement, the US and the EU representatives reaffirm their support for Ukraine, stating that the TTC was indispensable for cooperation on export controls and sanctions.
In the standardisation field, the TTC will be used to foster the participation of civil society organisations and SMEs in international standardisation organisations and promote common values. The EU and the US have identified digital identity and the Internet of Things as areas of interest that will be explored for joint standardisation work.
On specific technologies, the Joint Statement mentions AI, telecommunication technologies beyond 5G and 6G, and quantum computing, for which the EU and the US will exchange information and explore opportunities for collaboration in their research and development agendas. The common approach towards 6G international standards is deemed particularly relevant.
Furthermore, the EU and the US commit to building further digital and cyber capacities. They also want to step up against the misuse of cybersecurity technologies for the purpose of surveillance and repression. Export control will be key in this respect.
The Joint Statement gives details on the outcomes of the TTC since the inaugural meeting on 29 September 2021. These are some of the outcomes:
-a sub-group on AI was created to develop a roadmap on evaluation and measurement tools for trustworthy AI and risk management
-creation of an EU-US Strategic Standardisation Information (“SSI”) mechanism to enable information-sharing on international standards development and coordinate action if standardisation activities pose a challenge to EU-US strategic interests and values
-cooperation to diversify supply chains for rare earth magnets, promotion of private-sector efforts to increase transparency in the semiconductor value chain and in demand to anticipate shortages, enhanced cooperation to provide early warning of semiconductor shortages, exchanges regarding grants to avoid subsidy races.
-a Joint Statement on the importance of addressing security risks from high-risk vendors and fostering security and resilience across the ICTS supply chain
-the launch of a dedicated task force on public financing for secure and resilient connectivity and ITCS supply chains in third countries
-cooperation on export controls, including the response to Russia’s aggression against Ukraine
-the joint intention to intensify EU-US cooperation in the area of public procurement, for example in digital infrastructures or high-tech industrial products
Please find below the full Joint Statement. The Annexes are particularly relevant for detailed information on a specific topic.
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