COUNCIL OF THE EUROPEAN UNION EN Brussels, 30 November 2005 15147/05 (Presse 331) EU-US FIRST INFORMAL ECONOMIC MINISTERIAL MEETING Brussels 30 November 2005 Today, the EU Presidency hosted the first informal EU-US economic ministerial meeting to discuss transatlantic economic integration and shared economic challenges. Senior Ministers and Commissioners welcomed both sides’ agreement to concrete action plans and timelines to tackle the most significant issues in the transatlantic economy, including Intellectual Property Rights (IPR), regulatory cooperation, trade and security and improving innovation. A US delegation, led by Commerce Secretary Carlos Gutierrez, met with Vice President of the European Commission Günter Verheugen, Commissioner Peter Mandelson, UK Secretary of State for Trade and Industry Alan Johnson, Austrian Minister of Economics and Labour Martin Bartenstein, and Finnish Under Secretary of State for External Economic Relations Pekka Lintu to discuss this agenda. P R E S S Rue de la Loi 175 B – 1048 BRUSSELS Tel.: +32 (0) 2 285 8239 / 6319 Fax: +32 (0)2 285 8026
[email protected] http://ue.eu.int/Newsroom 15147/05 (Presse 331) 1 EN This followed a renewed call from business, including UNICE, the American Chamber of Commerce and the Transatlantic Business and Consumer Dialogues to keep transatlantic cooperation as a top priority. The meeting follows on commitments made in the 2005 EU- US summit, which called for closer transatlantic cooperation including on regulation, innovation, trade and security issues, and IPR. Ministers and Commissioners welcomed agreement on a work programme on all new and existing priority areas of cooperation agreed at the EU-US Summit declaration 1 in June.