Highlights of Past Events - 2020

6/30/2020 – Update from Europe: The EU Trade Policy & Transatlantic Leadership in the Post-COVID World

The EACC, in collaboration with the European Commission and the Consulate General of Ireland hosted an exclusive discussion with PHIL HOGAN the EU TRADE COMMISSIONER who shared his insights on EU Trade policy which will play a central role as the global economy recovers from COVID-19. This webinar was moderated by ROB COX from REUTERS BREAKINGVIEWS.

Commissioner Hogan outlined why the European Union believes that solidarity between trading partners and maintaining open supply chains is the best route forward. Collaboration between the EU & U.S., the world’s two largest market economies therefore are clearly essential for the stability of trade flows and the multilateral trading system itself. This was true before COVID-19, and it is even truer today.

The importance of affordable and reliable access to healthcare products has become painfully apparent. See how Commissioner Hogan addressed (WTO) initiatives to facilitate trade, including elimination of tariffs, in medical, pharmaceutical and other health-related products. Global trade and its integrated value chains will remain a fundamental growth engine and be essential for Europe’s recovery. With this in mind; Europe will pursue a model of ‘open strategic autonomy”. Therefore, the EU is reviewing its Trade Investment Policy refocusing to leading from the front in shaping a strong post-COVID global trade and investment environment, with a fit-for-purpose international rulebook underpinning it.

Learn why Europe is advocating is a model of “Open Strategic Autonomy”: policies to achieve the right balance between a Europe that is “open for business” and a Europe that protects its people and companies.

SPEAKERS:

  • Phil Hogan, EU Trade Commissioner, THE EUROPEAN COMMISISON
  • Rob Cox, Global Editor, REUTERS BREAKINGVIEWS [moderator]

Click the image above to listen to the recording.

Read Commissioner Phil Hogan’s remarks here: Extracts from Commissioner Phil Hogan’s remarks at European-American Chamber of Commerce event on Transatlantic Leadership Post-Covid

6/4/2020 – Special Monthly EACC Transatlantic Update Series: The State of Transatlantic Trade: Trade Post-Covid19 – A Look Ahead

This fire-side chat about transatlantic trade post Covid19 discussed:

  • The economic impact on both the EU and US
  • Short term impact on multifaceted supply chains as the pandemic continues
  • Supply chain de-risking measures
  • Will there be a trend towards domestic champions, if so which industries are most likely effect and will there be opportunity for investment & growth?
  • What will be the effects of the drastic measures take in the EU on the single markets
  • What can businesses do in response to continuing policy and economic turbulence?
  • The impact on flow of services – e.g. in education (Chinese students etc), financial services, tourism etc.
  • Will this present opportunities for greater EU/US collaboration to accelerate alternatives to Chinese technologies or will both continents go it alone?

We also explored the fact that the US and EU have tremendous market scale and maintain elements of shared business culture and openness. Only three other markets globally are of USD5 trillion or greater: China, Japan and CPTPP, and ASEAN. Are there gains to be had from removing specific impediments to trade on the EU-US trade corridor?

SPEAKERS:

  • Pascal Lamy, President Emeritus, JACQUES DELORS INSTITUTE, Former Director-General, WORLD TRADE ORGANIZATION (WTO)
  • Lucinda Creighton, Chief Executive Officer, VULCAN CONSULTING LTD.
  • Douglas Lippoldt, Chief Trade Economist, HSBC GLOBAL RESEARCH
  • John Sinclair Foley, U.S. editor, REUTERS BREAKINGVIEWS [Moderator]

5/21/2020 – Europe & the Great Lockdown: Economic Outlook & Policy Priorities to Reopen the EU Economy

The COVID-19 pandemic is the biggest shock to the global economy since the financial crisis of 2008. All around the world, unprecedented steps were taken to combat the virus and to protect workers and businesses while economy activity froze. As the European economy progressively starts opening again, the EACC and its panelists took the time to assess the economic consequences of the pandemic, the effectiveness of EU’s policy response, but also authorities’ plans to boost resilience and restart economic activity, preventing a new prolonged period of sluggish growth.

Top EU economists discussed the outlook for the European economy, the key measures taken by the European Union and its Member States, and some of the risks still facing the global economy. The presentation included a detailed look at the European Commission’s revised Spring Economic Forecast, discussed the fiscal and monetary policy response, as well as some of the new institutional arrangements.

SPEAKERS:

  • Kris OrsiniCounsellor for Economic and Financial Affairs, EU DELEGATION TO THE UNITED STATES
  • Ben CarlinerSenior Economist, EU DELEGATION TO THE UNITED STATES
  • Dimitrios RakitzisSenior Economist, ECB Representation in Washington, D.C.
  • Yvonne Bendinger-Rothschild, Executive Director, EUROPEAN AMERICAN CHAMBER OF COMMERCE NEW YORK [Moderator]

5/6/2020 – The EU Response to the COVID19 Outbreak: From Managing the Emergency to Relaunching the Economy

European governments have taken draconian though necessary measures to stop the spread of the coronavirus pandemic. Lock-down and social distancing have put the economy in what can be best described as a pharmacological-induced coma. EU Member States and EU Institutions have taken swift actions to bolster the healthcare sector’s response capacity while providing businesses and workers with the necessary lifeblood to bridge the shutdown.  As Europe progressively started re-opening its economy, it was time to assess the effectiveness of the measures taken, but also look ahead and see how best the EU can ensure that the wounds of the pandemic do not translate into long-lasting scars. This included a conversation with Elena Flores, Director for International Economic and Financial Relations and Global Governance at the European Commission, in which she discussed the economic impact of COVID-19, EU Member States’ and EU institutions’ policy response and how Europe planned to restart economic growth and turn the page on the pandemic.

 SPEAKERS:

  • Elena Flores, Director, International Economic and Financial Relations and Global Governance, Directorate General for Economic and Financial Affairs, EUROPEAN COMMISSION
  • Yvonne Bendinger-Rothschild, Executive Director, EUROPEAN AMERICAN CHAMBER OF COMMERCE NEW YORK [Moderator]

5/1/2020 – Special Monthly EACC Series: Update on The State of the Transatlantic Economy

This was part of our kick-off program to a webinar series to keep our members up to date on the economic developments on both sides of the Atlantic and how COVID-19 is affecting business in Europe & the U.S.

We brought together renowned chief economists from key U.S. and European banks in a fire-side chat to share their views with our audience.

SPEAKERS:

  • Fabio Balboni, European Chief Economist, HSBC BANK
  • Catherine Mann, Chief Economist, CITI
  • Ali Velshi, Host of “Velshi” at MSNBC [Moderator]

3/4/2020 – How to do Business in the Age of Disinformation: Is Freedom of Speech on Social Media a Blessing or a Curse?

This webinar was hosted by EACC, in collaboration with the ECFR.

The Digital Revolution is has brought sweeping change to all aspects of life and politics, impacting our everyday lives at a much faster pace than other revolutionary innovations in the past. Governments have and are continuing to respond to these changes, but there remains a consistent gap between technologists and business on the one side and lawmakers, and the different divisions of governments on the other side.

In this power vacuum, technology is increasingly being misused as a vehicle for criminal activities or to host harmful or illegal content, including large-scale online manipulation and disinformation with profoundly corrosive effects on trust, consensus and democracy itself. This poses an enormous new challenge for the transatlantic relationship.

The latter also being effected by the emergence of China as a disinformation actor with a global narrative is changing the information landscape. In this spiral of mistrust, companies are not exempt from the pernicious effects of disinformation and have a fundamental role to play in combating the economic and security threats disinformation campaigns present.

SPEAKERS:

  • Janka Oertel, Director Asia Programme, EUROPEAN COUNCIL ON FOREIGN RELATIONS
  • Vint Cerf, Vice President and Chief Internet Evangelist, GOOGLE [Moderator]

2/27/2020 – EACCNY Transatlantic Economic Outlook in the Post-Brexit world

A look ahead for 2020 on the transatlantic economy.

EACCNY hosted an engaging discussion about the relationship and inter-connectivity between the European Union and the US economies and their influence on the worldwide financial markets.

The discussion featured a forward looking conversation about the outlook on international growth, investment opportunities & risks, and the impact of government action. Our economists shared insights on the expected Brexit fall-out (if any) for the European economy, what it means for U.S. companies, and how the future of the EU will look like without Britain (including the effect on the U.S. British relationship, and of course, what the British EU relationship may look like going forward). Our economists also shared their expectations for the U.S. outlook, including prospects for growth and the potential for a new trade war front in Europe.

Panelists addressed the key Global Trade, Investment and Economic trends and what they mean for U.S. and European Companies.

SPEAKERS:

  • Dana Peterson, Director and Global Economist, CITI RESEARCH
  • James Knightley, Chief International Economist, ING
  • Jonathan P. Shames, Global Client Service Partner, PE &  Geostrategic Business Group, ERNST & YOUNG  [Moderator]
  • Jerome Larosch, Deputy Head Economic Department, THE EMBASSY OF THE KINGDOM OF THE NETHERLANDS TO THE UNITED STATES