With the guidance of our newly launched 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.
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 Event : TTIP and the Investment Dimension: What is the State of Play?
On 24th June 2014, more than 140 participants from business, government and civil society joined BAB and its supporting partners for a public briefing on the investment dimension in TTIP with the EU Trade Commissioner, Karel de Gucht, and panel of selected experts, which included speakers from: Herbert Smith Freehills LLP, BASF Group, Northrop Grumman Corporation, The Dow Chemical Company, and Thomson Reuters. The UK Trade Minister, Lord Livingston, endorsed the event in the week ahead stating that the Commission consultation on investor-to-state dispute settlement (ISDS) is an excellent opportunity for public debate.
Please click here to see a summary of the event, news coverage, and press release.
BAB Policy Submissions
- 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.
- Submission to the European Commission on investor-to-state-dispute settlement:
Date submitted: Friday 11th July 2014
Submitted to: European Commission
Content of the submission: 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
Date submitted:Friday 7th March 2014
Submitted to: Commissioner Karel de Gucht, Commissioner for Trade at the European Commission; Ambassador Michael Froman, United states Trade Representative
Content of submission: 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.
- TTIP Call for EvidenceDate submitted: 17th October 2013 2013
Submitted to: Edward Bolton, Committee Office, House of Lords, UK
Content: 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 Regulatory CompatibilityDate submitted: 1 November 2012 Submitted to: European Commission
Content of submission: 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.
- EU-US Trade and Economic Relations
Date submitted: 27 September 2013 Submitted: In response to the European Commission’s public consultation on the future of EU-US Trade & Economic relations.
Content: 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.
- 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
BAB Member Submissions
BAB Members BT & UPS have made submissions to the US Trade Representative on the Proposed Transatlantic Trade and Investment Partnership. Please click on the links below to see the submissions.
We encourage other BAB members to send us their submissions for uploading to firstname.lastname@example.org