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Highlights of Past Events - 2017

Private Lunch with European Commission Vice President Maroš Šefčovič

On Thursday, April 6, the European American Chamber of Commerce had the pleasure of hosting European Commission Vice President Maroš Šefčovič. Since 2014, Šefčovič has been Vice President for Energy Union for the European Commission.

Šefčovič discussed updated the luncheon guests on the European Union clean energy transition, and highlighted opportunities for transatlantic energy cooperation.Šefčovič and EACC guests also discussed the importance of transatlantic cooperation on trade, economy, and the promotion of innovations in energy, leading to more efficiency and conservation of resources.

This luncheon provided a valuable platform for the exchange of ideas between invited participants and the Vice President.

 The Vice President has also recently authored a book entitled Driving the EU forward – A summary of 5 years’ experience in the position of the Vice-President.

Private Breakfast with Member of European Parliament Lara Comi

On Friday, May 5, 2017, the European American Chamber of Commerce had the pleasure of hosting Member of European Parliament Lara Comi for a private breakfast open to EACC members. MEP Comi visited Miami, Washington, and New York on her working tour of the United States, where she met with business leaders, community leaders, and lawmakers on Capitol Hill.

MEP Lara Comi was first elected to the European Parliament in 2009 and is currently a member of the European People’s Party (EPP) leadership, in her capacity of Vice President of the EPP, where she holds responsibility for youth policy and relations with the Americas and China. She is currently one of the youngest Members of the European Parliament.


Wall Street’s Stake in the UN – The role of the Private Sector in financing Sustainable Development

The 2030 Agenda for Sustainable Development Goals, adopted by the UN General Assembly in September 2015, calls for countries to improve the planet and people’s lives, wipe out extreme poverty, fight inequality and combat climate change by achieving 17 Sustainable Development Goals (SDGs) by 2030.

Achieving the ambitious targets of the 2030 Agenda requires a revitalized and enhanced global partnership that brings together Governments, civil society, the private sector, the United Nations system and other actors and mobilizes all available resources. Enhancing support to developing countries, in particular the least developed countries, is fundamental to equitable progress for all.

On May 23, 2017 the European Union Delegation of the United Nations and the European American Chamber of Commerce hosted an event at UN Headquarters on the margins of ECOSOC’s Financing for Development (FFD) Follow-up Forum, it brought together Wall Street and corporate leaders, international banks, private equity funds, investors, private foundations representatives and Delegates accredited to the United Nations to consider the fundamental role of the private sector in advancing the sustainable development agenda and discuss ways to mobilize the global business community in support of the Sustainable Development Goals.

The case is clear. Realizing the Sustainable Development Goals will improve the environment for doing business and building markets. Trillions of US dollars in public and private funds are to be redirected towards the SDGs, creating tremendous opportunities for responsive companies to deliver solutions. Partnerships between the key stakeholders are essential and, as spelled out in the Addis Ababa Action Agenda on Financing for Development, a broader and more varied set of financial resources needs to be mobilized in addition to public resources (domestic and international) to achieve the Sustainable Development Goals by 2030.

the program started with a opening and scene setter about the Strategic Partnership EU/UN By European Commission First Vice-President Frans Timmermans, with horizontal responsibility for Sustainable Development and United Nations Deputy Secretary-General Amina Mohammed

Followed by two panels discussing what can be done to better align private sector activities with Sustainable Development objectives and how the private sector can be incentivized to mobilize long-term resources for sustainable development.

Other participants included
• Filippo Bettini, Chief Sustainability & Risk Governance Officer, Pirelli Tires
• Jacqueline Corbelli,
Founder, Brightline
• Hervé P. Duteil, Managing Director, Regional Coordinator for Corporate Social Responsibility & Sustainable Finance in the Americas, BNP PARIBAS
• Philip De Leon,
Director, Public Affairs & Int’l Business Development, AGCO Corporation
• Brandee McHale,
President, CITI Foundation and Director of Corporate Citizenship, CITI
• Mahmoud Mohieldin, Senior Vice President for the 2030 Development Agenda, UN Relations & Partnerships, World Bank Group
• Carlota Cenalmor,
Senior Institutional Adviser, Deputy Head of US Representative Office, European Investment Bank [EIB]
• Georgia Levenson Keohane, Executive Director, Pershing Square Foundation
• Adrienne Zitka, Senior Legal Counsel, DSM North America

The dialog was moderated by Professor Jeffrey Sachs, Director of the Center for Sustainable Development, Columbia University.

Brexit: What you need to know about the process, timeline and challenges along the way

The European American Chamber of Commerce hosted a discussion about the Brexit process, the regulatory challenges the UK Prime Minister will be facing and challenges on the side of the EU Commission and Brexit Negotiator Michael Barnier and his team.

The looming Brexit negotiations will assuredly change the dynamics of doing business in Britain, the rest of Europe, and the United States. Britain is Europe’s second largest economy after Germany, and is home to various European Union institutions such as the European Medicines Authority and the European Banking Authority, both headquartered in London.

Britain is Europe’s financial services and banking capital, with over 300 global financial services headquartered in the city of London. Britain is one the United States’ largest trading partners with export flows of approximately $ 53 billion annually, and heavily reliant on trade flow to the European Union with exports amounting to approximately $230 Billion from Britain the EU annually. This creates surmounting levels of uncertainty on what the futures of these economic relationships will be, given Brexit.

The panel was comprised of John BrutonFormer Irish Prime Minister and former EU Ambassador to the United States and  Mary SnowBroadcast Journalist & former correspondent for CNN’s “The Situation Room With Wolf Blitzer”[Moderator]

The two addressed the Brexit process and timelines/deadlines and likely scenarios (Norway, Switzerland or others) for the way forward.

This program also kicked off the EACC’s Brexit Series. The series will include seminars developed by our Brexit Working Group to help executives like you better understand how Brexit will effect your business. To learn more about other activities we have planned on the subject follow us on twitter with #EACCNYBrexitSeries


Visit EACC NY’s Brexit News page

Check out EACC NY’s Brexit Working Group

On Thursday, September 21, 2017, the European American Chamber of Commerce along with the European Investment Bank hosted a panel discussion on the investment plan for Europe at the European Union Delegation to the United Nations

The European Fund for Strategic Investments (EFSI), established in 2015, as an initiative to help overcome the investment gap in the European Union (EU), was jointly launched as one of three pillars of the European Investment Bank (EIB) Group and the European Commission to facilitate the implementation of the Investment Plan for Europe which aims to mobilize private financing for strategic investments in the order of EUR 315 bn by 2020.


EU Ambassador to the United Nations, Joao Vale de Almeida, welcomed the panel, and was followed by Ambroise Fayolle, Vice President of the European Investment Bank, who highlighted the important role of the EFSI in closing the investment gap in the SME sector

Tom Buerkle, Associate Editor at Thomson Reuters moderated the panel, which included Luca Lazzaroli, Director General & Deputy Head of Operations of the European Investment Bank, Jan Ståhlberg, Vice Chairman of EQT Partners AB, James Rosener, President of the European American Chamber of Commerce New York and Philippe Sollie, Executive Chairman of  FlenHealth. Panelists discussed the results to date, showcased EFSI support to SMEs, innovation, and infrastructure, and outlined the plans for the future.

Questions addressed by our panel included:
* Where we stand with the investment gap in Europe, and the basic concept of EFSI.
* Best practices that have been developed for the Investment Plan for Europe.
* How US and European investors can engage with the EIB and how they can get involved in this unique initiative.
Speakers also provided a showcase of several pilot projects and demonstrated how EFSI boosts investment in infrastructure and innovation projects, while enhancing the availability of high-risk financing for such projects.

In his closing remarks, EU Commissioner for Economic and Financial Affairs Taxation and Customs, Pierre Moscovici, highlighted the importance of the Investment Plan for Europe (EFSI) for the development and growth of the European Union.


Why US Investors should Invest in Europe Now: Innovative Financing Models are Generating Profits & Impact

A presentation about the innovative investment models the European Investment Bank together with the EU Commission have established to attract private monies for public good AND to help investors generate profits & measurable impact.

Investors increasingly seek investment opportunities with verifiable societal impact (e.g. green or social). In the years to come, we can expect the importance of the sector to grow further as globally, USD 24 trillion will be transferred from the generation of baby boomers to millennials, who are on average much more inclined to invest “with impact”. To provide investors with such investment opportunities, the public and private sectors can strategically cooperate.

Speakers included:

  • Ambroise Fayolle, Vice President, EUROPEAN INVESTMENT BANK EIB
  • Kerstin Jorna, Deputy Director-General for Department for Economic & Financial Affairs at EUROPEAN COMMISSION
  • Duncan Caird, Managing Director, Head of Infrastructure, Energy and Export Finance, Americas, HSBC
  • John Sinclair Foley, Breaking Views US Editor, REUTERS


What you Need to Know about the United States Life Sciences Ecosystem  as part of Business France’s MedStartUp Program

The MedStartUp Program by the Galien Foundation & Business France encourages and rewards transatlantic partnerships in the Life Sciences and Healthcare industries. EACC New York designed a custom ½ day Workshop in collaboration with Business France as part of the annual MedStartUp Program.

– Roundtables: Topics: Immigration / Tax / Fundraising in the US / IP / Regulatory Issues / Investor Communication / Communication – Pitch like an American
– Coffee Break
– Roundtables: Topics: Immigration / Tax / Fundraising in the US / IP / Regulatory Issues / Investor Communication / Communication – Pitch like an American
– Coffee Break
– Keynote: The 10 Fundraising Resources You Don’t Want to Miss by Dennis Ford, CEO Life Sciences Nation
– Investors Panel: Fundraising: Why it is important to see Global?
– Networking Cocktail Reception

* Dana DiRaimondo, Partner, Sarah Schroeder, Partner, DIRAIMONDO & SCHROEDER BOUTIQUE IMMIGRATION SERVICES
* Curtis Best, Partner, MARKS PANETH LLP
* Jennifer Fang, Senior Associate, WILSON SONSINI GOODRICH & ROSATI
* Ash Patel, Partner, and EJ Joswick, Partner, THOMPSON HINE
* David M. Santangelo, Of Counsel, PEPPER HAMILTON
* Linda Phelan Dyson, Executive Vice President, LIFE SCI PUBLIC RELATIONS

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