With the guidance of our EU/US Trade & Investment Forum, we have undertaken a series of policy initiatives presenting the views of our member companies to Government, making specific recommendations for Government to consider throughout the negotiation process.
- SIFMA, EU/US Trade Associations Joint Statement on 9th Round of TTIP Negotiations
On April 19th 2015, a group of trade associations based in Europe and in the US, including BAB, released a joint statement to express strong support for a TTIP agreement that includes financial services regulatory coordination as well as solutions to market acess issues. We understanding that setting aside the opportunity to create this framework will have harmful consequences to the future economic growth.
- Joint Statement: EU Amchams Call for Increased Focus on Member State Engagement on TTIP.
20 American Chambers of Commerce (AmChams) in the EU, including BritishAmerican Business, have signed a joint statement welcoming the discussion on more efficient Member State engagement on the Transatlantic Trade and Investment Partnership (TTIP) agreement at the Informal Meeting of EU Trade Ministers in Riga, Latvia, on 24-25 March, 2015. We call for EU ministers to further explore tangible steps to increase engagement with civil society and enhance the domestic debate on TTIP.
- BAB/BABC letter to Secretary of State, Vince Cable MP, on TTIP
On October 17th, 2014, we sent a letter to the Secretary of State, Vince Cable MP, to welcome his recent letter to Parliament on TTIP and to share with him some initial observations from our nation-wide roadshow series on TTIP that we have led throughout the UK in association with BIS, the US Embassy and other partners. One of the first conclusions that we draw from this initiative is that local statistical evidence and tangible stories, in particular from small and medium-sized enterprises (SMEs) can make the (business) case for TTIP, and for trade and investment with the US overall.
- Eleventh Report of Session 2014-15 – Transatlantic Trade and Investment Partnership
On Wednesday 25th March 2015, The Business, Innovation and Skills Committee appointed by the House of Commons published its latest report on the Transatlantic Trade and Investment Partnership negotiations.
- Ninth Report Session 2014-15 – Transatlantic Trade and Investment Partnership
BAB provided evidence on the environmental impacts of TTIP for the House of the Commons, Environmental Audit Committee. The final report was released on 4th March 2015.
- Oral Evidence to The House of Commons Foreign Affairs Committee
On Tuesday, 19th November 2013, Jeffries Briginshaw, Managing Director (London) and Elisabeth Roderburg, Transatlantic Trade and Investment Partnership Adviser, BritishAmerican Business gave evidence to the House of Commons Foreign Affairs Committee, alongside Sir Nigel Sheinwald GCMG, Visiting Professor, Department of War Studies, Kings College London, UK Ambassador to Washington 2007-2012.
BAB Policy Submissions
- Supplementary written evidence submitted by British American Business, on TTIP
On Tuesday, 10th February 2015, In addition to the oral evidence provided on Tuesday, 20th January 2015, BAB also gladly submitted to the Business, Innovation and Skills Committee written evidence on the potential benefits the Transatlantic Trade and Investment Partnership can bring to the UK’s economy. Also further evidence on the importance of ISDS as a mechanism to underpin and streghten investor confidence is provided.
- Submission to the Cole Commission on Exports
On Wednesday, 28th January 2015, BAB submitted comments on the Cole Commission Interim Report, providing additional input on major points addressed by it, such as UK’s export performance and how to overcome the present challenges. The full report can be found here.
- Submission to the European Commission on investor-to-state-dispute settlement:
On Friday, 11th July 2014, BAB and BABC submitted a written response to the European Union’s public consultation on investment protection and investor-to-state dispute settlement (ISDS) in TTIP. The submission was part of a comprehensive policy programme BAB had initiated around the topic, including a public briefing with the EU Trade Commissioner, Karel De Gucht, in London. In the response, BAB and BABC emphasise the importance of investment for our transatlantic economy. BAB and BABC strongly believe that investment protection and ISDS provisions should be part of a EU-US trade agreement. TTIP provides the opportunity to nurture and strengthen the case for investment across the Atlantic and to set a new benchmark set of conditions for investment globally.
- TTIP Talks must continue at high speed and with high ambition
On Friday, 7th March 2014, BAB made a submisson to Commissioner Karel de Gucht, Commissioner for Trade at the European Commission; Ambassador Michael Froman, United states Trade Representative.
We welcomed the steady progress that the negotiations for a Transatlantic Trade and Investment Agreement have taken over the past 8 months and urged for the agreement to maintain as wide and all-encompassing scope as possible. We stressed that the agreement was of fundamental importance for the services industry, which represents a significant share of GDP and employment in both the UK and the US. We outlined some priorities for the negotiations with respect to this sector, including market access, regulatory cooperation and coherence, and strong investment protection. On 3th April 2014 we also received a response from the European Comission
- TTIP Call for Evidence
On 17th October 2013, BAB and BABC submitted a written response to an inquiry of the EU Sub-Committee on External Affairs of the House of Lords, chaired by Lord Tugendhat. The submission covers specific responses to questions regarding the potential benefits, processes and challenges of TTIP. BAB and BABC are very proud to be a strong supporter of the EU-US agreement and has intensified its policy work, providing input to UK, EU and US stakeholders on TTIP. We look forward to continuing the fruitful dialogue.Please click here to read a copy of the letter and the submission.
- EU-US Trade and Economic Relations
On 27 September 2013, BAB made a submission: in response to the European Commission’s public consultation on the future of EU-US Trade & Economic relations.
We recommended the following measures and policies to further enhance EU/US trade and investment relations: dismantle remaining bilateral barriers to investment; agree data and privacy standards; eliminate goods tariffs; and prioritize liberalization of transatlantic people movement.We urged the Commission to organize an EU-US Summit to launch this new transatlantic economic partnership and pledged our support for the achievement of this goal.
- EU-US Regulatory Compatibility
On 1 November 2012, BAB made a submission to the European Commission where we proposed a number of specific, practical measures that would reduce existing regulatory differences and have a massive positive impact on the EU and US economies, stressing also the importance of strong governmental actions as a precondition for increasing business momentum in support of these objectives.
BAB Press Releases
- BritishAmerican Business Launches Report Showing How TTIP Could Help Businesspeople in the UK, Friday 30th January 2015, Friday 30th January 2015
- BritishAmerican Business Welcomes the Results of the European Commission’s Public Consultation on Investor-State Dispute Settlement (ISDS), Tuesday 13th January 2015
- BritishAmerican Business and BABC Welcome Joint Efforts to Include Financial Services in EU-US Trade Agreement, 10 November 2014
- BritishAmerican Business Welcomes the Formal Launch of Negotiations for a EU-US Trade and Investment Agreement, Monday 17th June 2013
- BritishAmerican Business Announces Support for EU-US Transatlantic Trade and Investment Partnership (TTIP) as a Major Opportunity for UK to promote Growth/Jobs, Thursday 21st March 2013