Factbox-The 10 working groups under the U.S.- EU Trade & Technology
Council
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[September 30, 2021]WASHINGTON
(Reuters) - U.S. and European Union trade and competition officials
launched a new forum on Wednesday, joining forces to better compete with
China, shield sensitive technologies, boost semiconductor supplies and
coordinate regulation of large technology firms.
Senior cabinet officials from both continents pledged https://reut.rs/3upkWnN
to cooperate on the screening of investments on export controls for
sensitive dual-use technologies and on the development of artificial
intelligence (AI).
The council formed 10 working groups that are focused on the following:
* Data Governance and Technology Platforms: The group will exchange
information on governance of large technology platforms https://reut.rs/3m7VXSw
such as Alphabet's Google, Facebook, Apple and Amazon.com Inc and adopt
a more unified approach to regulation of such companies. It will also
look to address issues such as harmful content and algorithmic
amplification on tech platforms.
* Technology Standards: The group will cooperate on critical areas such
as the use and deployment of AI and other emerging technologies.
* Climate and Clean Tech: It will support technology development,
transatlantic trade and investment in technologies that do not damage
the climate and explore ways to calculate embedded greenhouse gas
emissions in global trade.
* Secure Supply Chains: The group will focus on advancing the security
of supply in key sectors such as semiconductors, energy,
pharmaceuticals, and critical materials.
* Information and Communication Technology and Services (ICTS) Security
and Competitiveness: Will secure operations and the supply chain in
sensitive and critical areas such as 5G, undersea cables, data centers,
and cloud infrastructure.
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U.S. Secretary of State Antony Blinken is flanked by Commerce
Secretary Gina Raimondo and Trade Representative Katherine Tai as
they meet with European Commission Executive Vice Presidents
Margrethe Vestager and Valdis Dombrovskis during U.S and European
Union trade and investment talks in Pittsburgh, Pennsylvania, U.S.,
September 29, 2021. REUTERS/John Altdorfer .
* Misuse of Technology Threatening Security and Human Rights: The group will
combat unlawful surveillance and build ways to effectively respond to internet
shutdowns and protect human rights defenders online.
* Export Controls: This will ensure consultations on legislative and regulatory
developments and exchange information on risk assessments and licensing good
practices.
* Investment Screening: The group will exchange information on investment trends
impacting security, especially when it comes to sensitive technology and data.
* Promoting Small- and Medium-sized Enterprises (SME) Access to and Use of
Digital Tools: This will ensure access to digital tools and technologies for
SMEs in both the United States and European Union.
* Global Trade Challenges: It will avoid new and unnecessary technical barriers
in products and services, especially in areas such as emerging technology and
promote labor rights.
(Reporting by Nandita Bose in Washington; editing by Richard Pullin)
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