La Commission européenne a lancé ce jour, auprès des intéressés, une consultation publique sur les moyens d’étoffer le partenariat économique Transatlantique. Il s’agit d’une première mesure dans la mise en oeuvre de la “Déclaration UE-EU sur le renforcement du partenariat économique” adoptée lors du Sommet UE-EU tenu le 26 juin 2004 en Irlande par le Président Prodi, le Président Bush et M. Taoiseach Ahern. La Commission invite le monde des affaires, les organisations de défense de l’environnement et des consommateurs, les syndicats, d’autres groupes intéressés et les particuliers à faire part de leurs idées sur les obstacles rencontrés dans les échanges commerciaux et à l’occasion des investissements réalisés sur les marchés les uns des autres, de même que sur l’avenir des relations économiques et commerciales entre l’Union européenne et les Etats-Unis.
Le document ci-joint pose un certain nombre de questions aux intéressés et les invite à formuler leurs idées et leurs propositions.
La consultation publique se déroulera au cours des mois d’octobre et de novembre 2004. Ses résultats seront synthétisés, analysés et comparés aux conclusions d’une consultation similaire organisée parallèlement par l’administration des États-Unis. Les deux parties élaboreront ensuite des options de politique qui serviront à alimenter une stratégie prospective commune à présenter par le Groupe de hauts responsables lors du prochain sommet UE-EU, prévu en 2005.
Cette consultation vise à dégager de nouvelles idées sur les moyens de promouvoir l’intégration économique transatlantique, d’accroître les flux d’investissements et d’échanges, de stimuler l’innovation et la création d’emplois ainsi que d’identifier et de vaincre les obstacles s’opposant à la valorisation des possibilités concurrentielles de nos économies.
L’UE et les États-Unis entretiennent, dans le domaine des échanges et de l’investissement, la plus vaste relation existant dans le monde et sont aussi, chacun, le principal partenaire de l’autre. Leur volume d’échanges s’élevait, en 2003, à plus de 600 milliards € pour les biens et les services et, pour ce qui concerne l’investissement direct, les entreprises de l’UE détiennent, aux Etats-Unis, un stock s’élevant à 600 milliards €, tandis que le stock détenu par les sociétés américaines dans l’UE se situe à 890 milliards €, soit plus de 1 500 milliards € au total.
La consultation est ouverte jusqu’au 30 novembre 2004 sur les sites internet des directions générales Commerce et Relations extérieures de la Commission européenne. Une présentation et un lien au questionnaire, disponibles dans toutes les langues officielles de l’UE, de même que d’autres informations sur les relations UE-EU sont accessibles aux adresses suivantes :
Le questionnaire est proposé par le site “Votre point de vue sur l’Europe”, guichet unique donnant accès à toutes les consultations organisées par la Commission dans les différents domaines de ses politiques, et à leurs résultats.
Les conclusions du Sommet UE-EU de 2004 peuvent être consultées à :
Strengthening the EU-US Economic Partnership
Request for comments and proposals of the services of the European Commission
1. EU and US leaders agreed at the EU-US Summit in June 2004 to look at new ways to make the transatlantic economic relationship stronger, and to give it new impetus. Presidents Prodi and Bush and Prime Minister Ahern called for innovative proposals to further develop the transatlantic market in the 21st century. They called on all interested parties “on both sides of the Atlantic to engage in a vigorous discussion of concrete ideas on how to further transatlantic economic integration to the fullest, spur innovation and job creation, and better realise the competitive potential of our economies and enterprises”.
2. This consultative document sets out some key elements of the Transatlantic Economic Partnership and requests comments and proposals from stakeholders. The US Government is running a similar consultation.
Purpose of this consultation
3. The starting point of this exercise is the existing strong economic partnership between the EU and the US as set out in the annex. This consultation is aimed at bringing forward new ideas on how to further transatlantic economic integration, to enhance the flow of investment as well as trade, and to identify and overcome obstacles to the realisation of the competitive potential of our economies. In this consultation, the Commission services want to go beyond the annual review of trade barriers on which the Commission and US Government publish reports and to consider more far-reaching ideas.
4 The Commission services are, therefore, looking for concrete proposals to develop the EU/US economic partnership from all segments of civil society, including business, trade unions, environmental and consumer NGOs, and academic circles.
5. It is understood that any new effort to promote transatlantic economic integration would have to take account of systemic differences, such as differing ways of governance and public attitudes, which also shape our transatlantic economic relationship and can be a source of misunderstanding and sometimes friction. Among these differences the following can be identified:
existence in the US of many federal and sub-federal agencies with independent powers, which the US Administration cannot override;
more frequent resort in the US towards using litigation to solve disputes, whereas the EU leans towards regulatory options and compliance;
different public attitudes to risk, safety and precaution.
6. Finally, the endeavour to strengthen our bilateral economic partnership should be placed within the broader context of our common aim to continue developing sound economic ties with the rest of the world and notably with the developing countries. Our renewed partnership should also contribute to the advancement of this and other aspects of our co-operation, such as sustainable development.
The Commission services are interested in your views, inter alia on the following questions:
Q1: What in your view are the most significant obstacles to closer EU-US economic integration?
Q2: What practical measures should be undertaken to remove the obstacles?
Q3: What additional measures could be taken to further transatlantic economic integration to the fullest, spur innovation, create jobs and better realise the competitive potential of our economies and enterprises?
Q4: The EU-US bilateral trade and economic agenda has achieved some progress, especially through the Financial Markets Regulatory Dialogue, the Guidelines for Regulatory Cooperation and Transparency, the Galileo-GPS agreement on satellite navigation and the Mutual Recognition Agreement on marine equipment. Should more of this be done? Which new areas do you suggest?
Q5: What measures would be appropriate to promote good corporate governance and reliable financial information in the transatlantic market?
Q6: Can you suggest essential steps that should be taken to ease transatlantic direct and indirect investment?
Q7: Do you have any proposals on how to protect the environment, consumer interests and health and safety as well as labour standards, while simultaneously promoting further economic integration?
Q8: To what extent do new border and transport security measures have an impact on trade, investment and travel? If they do have a negative impact, what remedies would you propose?
Q9: Does the administration of export controls and transfers of know how in the US and the EU work satisfactorily in balancing the objectives of trade and security? If not, what measures should be taken jointly to improve the situation?
Q10: What additional steps, if any, should be taken jointly to protect Intellectual Property Rights?
Q11: Do you experience problems when tendering for public contracts in the US? If so, what should be done to remedy these problems?
Q12: What should be done to further liberalise transatlantic trade in services, including professional qualifications?
Q13: Do you think that a further reduction or elimination of tariffs between the EU and US is important? If so, which or in which sectors?
Q14: Do you have any comment on the possible impact that strengthening EU-US bilateral integration might have on the multilateral trading system and the interests of developing countries?
Q15: How can we enhance transparency and public participation in the transatlantic economic dialogue?
Q16: Do you have any other comments or suggestions?
7. The services of the Commission would like to receive input from this consultation from a wide range of stakeholders with interests in the EU-US economic relationship. If you wish to let us have your thoughts on any part of this consultation document, please send in your reply to reach us by 30 November 2004.
The online form is available at:
Your replies will help to formulate policy options which could in turn feed into a joint strategy to enhance EU -US economic partnership an eliminate barriers.
In parallel, between now and the end of November the Commission intends to organise a stakeholder event in Brussels. It is expected that this will be supplemented by some events organised by national Governments of member states. These activities will give further opportunities for you to contribute your views.
THE TRANSATLANTIC ECONOMIC RELATIONSHIP
The EU and US form the largest trade and investment relationship in the world and are each other’s largest trade and investment partners. The volume of trade in 2003 comprised more than € 600 bn ($ 725 bn) worth of goods and services. Large as this is, it is now far outweighed by the flow of investment. In 2003, the EU had € 890 bn of direct investment in the US while the US had € 650 bn in the EU; a total of over € 1.5 trillion ($ 1.8 trn). Today investment constitutes the most significant element of our economic relationship.
The EU and the US have a long history of close cooperation in GATT and then the WTO, most recently illustrated over the adoption of a new Doha Round framework in July. This cooperation has underpinned this high level of economic interdependence, despite the absence of any formal trade/investment agreement between the EU and US.
THE STRUCTURE OF OUR ECONOMIC COOPERATION FRAMEWORK
With the aim of structuring discussions over issues that arise in trade, and over steps to build closer cooperation, the EU and the US have adopted some formal arrangements that have been built up over the past ten years. The framework of the EU-US economic relationship goes beyond trade and investment and includes a number of institutionalised dialogues and growing regulatory cooperation between the partners. The main elements of this framework are described below. The EU and the US also cooperate in numerous multilateral organisations.
The New Transatlantic Agenda (NTA) and the accompanying EU-US Joint Action Plan of December 1995 created a senior level dialogue structure and embarked on a series of concrete cooperative endeavours. One of the aims of the NTA is “to create a New Transatlantic Marketplace by progressively reducing or eliminating barriers that hinder flow of goods, services and capital between us”.
The Transatlantic Economic Partnership (TEP) agreed in May 1998 lays the foundations to enable the EU and US to intensify their efforts to reduce or eliminate barriers to trade and investment between them notably through closer co-operation between regulators. It allows them to focus initiatives on areas where there is goodwill on both sides and where gains can be enormous – for example financial markets. It promotes upstream convergence or mutual recognition of rules and standards; and it acts as an early warning mechanism in case a potentially damaging piece of legislation is in the pipeline. In November 1998 the European Commission and the US Administration adopted a rolling work programme, entitled the TEP Action Plan. This document identifies areas for common actions both bilaterally and multilaterally. Some elements of the plan take the form of trade negotiations, others are achieved through co-operative actions.
In order to manage day-to-day transatlantic trade and investment relations, the TEP Steering Group (SG) was set up. It monitors the realisation of TEP objectives and provides a horizontal forum for bilateral consultation and early warning on any matter of trade and investment relevance, with a view to preventing conflicts and resolving trade frictions. It is also responsible for implementing and developing the Positive Economic Agenda (PEA) – a series of positive and specific trade-related initiatives designed in May 2002 to promote co-operation and mutual commercial benefit. Activities under the PEA include the implementation of the Guidelines on Regulatory Cooperation and Transparency, developed in 2002 under the TEP, and the Financial Markets Dialogue, a forum for the discussion of complex bilateral financial and regulatory issues. EU-U.S. Declaration on Strengthening our Economic Partnership
http://europa.eu.int/comm/external_relations/us/sum06_04/decl_eco.pdf USTR’s 2004 National Trade Estimate Report on Foreign Trade Barriers (NTE):
The EU’s 2003 Report on United States Barriers to Trade and Investment:
http://trade-info.cec.eu.int/doclib/docs/2003/december/tradoc_115383.pdf For comparison, figures for EU trade in goods and services with the next largest partners:
with Switzerland: € 200.7 bn, with China: € 155.7 bn, with Japan :€ 139.1 bn, with Russia € 113 bn