Highlights of Past Events - 2018
Economic Growth Dialogue: The Time to invest in Europe in Now!
The European Commission on November 9th 2018 gave an optimistic view of the EU economy, saying that it is “on track to grow at its fastest pace in a decade this year.” According to the EU executive’s Autumn Economic Forecasts, the Eurozone economy will grow by 2.2 percent this year, 2.1 percent next year and at 1.9 percent in 2019 making this the highest growth rate in the past 10 years.
With adjustments in the Chinese economy and possible protectionist measures by the US, what could such growth mean for investors? What are the potential investment opportunities in Europe, which are presenting themselves to investors?
How has the Investment Plan for Europe, the so-called Juncker Plan, created jobs and boosted growth? In what ways can the European situation be compared to the United States and what reform packages implemented in Europe could work on this side of the Atlantic?
Speakers provided a global economic outlook, elaborated on how coordinated efforts at European and international level put Europe back on track and what their views were on the transatlantic relationship in the global economic context.
Banking Culture: Still Room for Improvement?
In the decade since the great economic crisis, regulators across the globe have imposed new rules designed to ensure financial institutions pursue strategies that acknowledge their purpose as important stewards of ethical and inclusive business practices.
Three of the foremost thinkers on the matter, Ellen R. Alemany, Chairwoman and CEO of CIT Group, William C. Dudley, New York Federal Reserve President and William Rhodes, chair of the G30’s steering committee on bank culture and governance, discussed these topics live at Reuters New York.
This program is organised in conjunction with Reuters News
Breakfast Round table with Chris Buijink, President of the Dutch Bankers Association
The European American Chamber of Commerce and the Consulate General of the Netherlands convened leaders from the public and private sector for a discussion with Chris Buijink, President of the Dutch Bankers Association on the future of transatlantic relations and banking.
Britain’s exit from the European Union creates challenges for European policy makers, regulators and bankers, who must soon not only find a new home for the European Banking Authority (currently located in London), but also discuss ways to continue strengthening the European and transatlantic relations and banking markets to avoid another financial crisis while also staying globally competitive.
These large tasks for the banking sector are juxtaposed by tremendous opportunities for growth in terms of financial and regulatory innovation, or FinTech. Cross border transactions and deposits have become easier and more transparent due to new technologies and regulatory convergences, which have the power to transform transatlantic banking and make it more competitive globally.
These challenges and opportunities for the future of transatlantic banking were discussed in more depth during our discussion among high level regulators and sector actors at our gathering.
A Transatlantic Update on Trade | Tariffs | Taxes
This discussion focused around the economic and political climate in Europe and the United States, and provided an update on where we stand on EU/US Trade, tax reform on both sides of the Atlantic, as well as what to expect for the Eurozone and US economies.
The panelists addressed the following topics:
- An overview of the European economy and what is happening in the US markets
- Ramifications of the US and EU Tax reforms for both European and American companies;
- How reforms will affect FDI and what businesses need to know about Repatriation of overseas assets.
- What European companies need to know about some problematic international tax provisions of the Tax Cuts and Jobs Act and other relevant issues of the US tax reform
- US and EU Trade Update:
- What is the status on Steel and Aluminum Tariffs and the response by the EU, what is happening on trade agreements (NAFTA, EU-Mexico 2.0 and EU-Japan)
- Brexit: a quick update on where we are and what issues are still open (incl. deadlines, expectations)
- The role and importance of the EU/US partnership in the global economy
- Damien Levie, Head of Trade & Agriculture Team, Embassy of the European Union to the United States
- Nick Giordano, US Tax Policy Leader, Washington Council, EY
- Catherine Mann, Global Chief Economist, CITI
- Sally Painter, COO, Blue Star Strategies, LLC [Moderator]
The Future of Global Trade with Pascal Lamy
On Thursday, May 10, the European American Chamber of Commerce in New York hosted former Director-General of the World Trade Organization Pascal Lamy for a private breakfast focused around the future of global trade.
The conversation was open to EACCNY members by invitation, and consisted of high level officials from the private and public sectors.
Among the many topics covered by Lamy and EACCNY’s guests were Brexit, the future of free trade agreements, the WTO’s role in trade and globalization, and how best to update the WTO’s rules and regulations for the 21st century.
View Mr. Lamy’s thoughts on the state of global trade in an EACC Insights piece here
EACCNY Ten Year Anniversary Celebration
On June 19, the European American Chamber of Commerce celebrated ten years in New York.
Since its inception in 2008 EACC New York has not only grown from a dozen founding members to almost two hundred in the New York chapter alone. Together with our sister chapters in Europe and across the U.S. we have also created an unrivaled platform to advance our shared transatlantic business and economic values through meaningful engagement, knowledge sharing, and transparent evaluation of our business environment.
The European American Chamber of Commerce a dynamic network of transatlantic business executives with a combined membership of about 750 member companies in Europe and the US.
In the United States the EACC is a private and independent 501(c)6 Non-Profit organization. We look back on a long tradition that started 1926 with the formation of the Paris branch, initially as the French-American Chamber of Commerce and renamed to the European-American Chamber of Commerce in 2003. The current chapter network includes New York, Brussels, Paris, Lyon & Toulouse, Cincinnati, OH, the Carolinas, Washington, DC and Princeton, NJ and expansion plans for other US and EU cities.
Since its inception the EACC® has built a network of major players in the transatlantic business community that reaches over 10,000 executives in the US and across Europe. We open doors for our members across our chapter network on both sides of the Atlantic.
Over the last 10 years we have hosted numerous thought leaders, experts, and innovators from both the US and Europe, in order to bring fresh ideas and alternative perspectives to business and policy challenges.
The programs help accomplish our goal to stimulate business development, and to facilitate networking and relationships between European and American businesses & professional organizations to foster a better understanding for executives and leaders who navigate these unique challenges in their daily lives.
HERE you can find a few highlights among past programs the European American Chamber of Commerce in New York has hosted over the last couple of years.
You can find HERE 110 photos that summarize the last 10 years and showcase how EACC helps Europeans and Americans connect to do business.
If you wish to join us and become a member of the European American Chamber of Commerce, email membership[at]eaccny.com or call 212-382-7027. We look forward to hearing from you.
CETA: A Trade Agreement of the Future & The Future of Trade Agreements
On June 27, 2018, EACCNY hosted a candid discussion about trade agreements with three preeminent experts on the subject of negotiating successful trade pacts. All three have been on the frontlines of these negotiations and will be able to share unique insights. Panelists included Pierre Marc-Johnson, 24th Premier of Quebec and Quebec’s lead negotiator for CETA, Ignacio Garcia Bercero, EU Chief Negotiator for the Transatlantic Trade & Investment Partnership TTIP, and Daniel Erikson, Managing Director, Blue Star Strategies and former Special Advisor to Vice Presidents Joseph Biden and Mike Pence [moderator].
Topics covered included:
- Do trade agreements work and if so why?
- CETA (EU-Canada Comprehensive Economic and Trade Agreement) an example of how modern trade agreements look like; incl. comparisons to NAFTA, TTIP
- Teaching an old trade agreement a few new tricks: updating existing arrangements to address new market realities
- Multi-Lateral trade vs. Bilateral trade: Why do we need trade agreements?
- The future of trade in the current political climate
- Back to the WTO: What are the alternatives to a CETA, TTIP, TTP, NAFTA?
- Concrete: What do these trade agreements mean to Canadian, US companies and European Companies; what are some of the concrete advantages
Lunch with Michel Barnier: EU Chief Negotiator for the United Kingdom’s Exit of the European Union
The European American Chamber of Commerce (EACC) presents “Lunch with Michel Barnier, European Chief Negotiator for the United Kingdom’s Exit of the EU” at the Harvard Club of New York in New York City on July 10, 2018
Michel Barnier, the European Chief Negotiator for the United Kingdom’s Exit of the European Union, joined EACCNY for an exclusive fireside chat over lunch with Reuters Breakingviews US Editor John Sinclair Foley to discuss:
- The status of the negotiations
- Progress made and issues still to be resolved
- Potential economic implications for the U.S., the EU and the United Kingdom
(Photo by Andrew Kelly for the European American Chamber of Commerce)
In conversation with Pierre Moscovici, European Commissioner for Economic & Financial Affairs, Taxation and customs
The European American Chamber of Commerce hosted European Commissioner for Economic and Financial Affairs, Taxation and Customs Pierre Moscovici for a fireside chat as part of our Autumn Program line up.
New York Times Economic Scene Columnist Eduardo Porter moderated a discussion with Mr. Moscovici, where discussed:
the state of transatlantic economic and financial affairs the future of customs in a post-brexit world an update on transatlantic taxation
and answer questions about the European economy.
Other topics of discussion included:
Unfinished business: the next steps in deepening the Economic and Monetary Union
Protecting against protectionism: Outlook and risks for the European economy
What’s next: prospects for the EU after the 2019 European elections
Video of the Program can be viewed here:
Private Lunch with European Commissioner Günther Oettinger
The discussion focused on future Policy Priorities of the European Union and the Evolution of Transatlantic Relations and the Major Concerns of the Long Term Budget of the EU, including the Consequences of Brexit.
Galien / Business France Life Sciences Workshops
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.
- ROUNDTABLE 1: [IMIGRATION] Which Visa Is Right For You?
- ROUNDTABLE 2: [FUNDRAISING] How to raise venture or other Funding in the United States
- ROUNDTABLE 3: [INTELLECTUAL PROPERTY] What you need to know about Patent & IP
- ROUNDTABLE 4: [THE U.S FDA APPROVAL PROCESS] FDA What European Medtech and Biotech Companies should know about the FDA approval Process
- ROUNDTABLE 5 : [U.S TAX CONSIDERATIONS] U.S. Tax Considerations for International Companies
- ROUNDTABLE 6 : INVESTORS COMMUNICATIONS
- ROUNDTABLE 7: [CREATING THE PERFECT PITCH] Communicating for an American Audience: Instances and Best Practices
Breakfast with London & Partners CEO Laura Citron
EACCNY members joined Laura Citron, Chief Executive Officer of London & Partners, the Mayor of London’s official promotional agency to hear how London is putting innovation, creativity, partnerships and inclusion at the top of the City’s agenda for the future of London post-Brexit to support businesses established in the City, as well as those looking to expand there.