EU says U.S. trade, tech council to boost its clout, set rules for 21st century
The Hindu
The Council’s 10 working groups will focus on technology standards, green technology, supply-chain security, data governance, export controls, investment screening and global trade issues.
The U.S.-EU Trade and Technology Council (TTC) will give Europe more clout and set standards and rules for the 21st century, the EU's trade and digital chiefs said, underscoring global concerns about China's growing power.
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The comments by Valdis Dombrovskis and Margrethe Vestager came ahead of the first TTC meeting in Pittsburgh on Wednesday and as the United States and Europe face off with China in areas ranging from trade to defence to technology and human rights.
The 29th edition of the Conference of Parties (COP29), held at Baku in Azerbaijan, is arguably the most important of the United Nations’ climate conferences. It was supposed to conclude on November 22, after nearly 11 days of negotiations and the whole purpose was for the world to take a collective step forward in addressing rising carbon emissions.