Press Release: EU and US to issue first ever joint statement on open investment

EU and US warn on rising protectionist rhetoric - The EU and the US will use today's meeting of the Transatlantic Economic Council to adopt and issue their first ever joint statement on investment. In the face of rising protectionist pressures, the world's two largest investors will assert the value of an open global investment climate. The Joint Statement sets out for the first time in a joint EU-US declaration the fundamental nature of these policies to their economic prosperity. It affirms the commitment of both parties to promoting open investment policies at home and abroad. The Statement sets out the line for further joint work and serves as a touchstone for future policies in this area.

European Commission: MEMO/08301: EU-US Open Investment Statement http://europa.eu/rapid/pressReleasesAction.do?reference=MEMO/08/301&format=HTML&aged=0&language=EN&guiLanguage=en

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