Dept. of Commerce: Readout of Secretary Raimondo’s meeting with Exec. VP of the European Commission Margrethe Vestager

WASHINGTON – Today, Secretary Gina M. Raimondo met with Executive Vice-President of the European Commission Margrethe Vestager. During the meeting, Secretary Raimondo and Executive Vice-President Vestager discussed progress since the U.S.-EU Trade and Technology Council’s (TTC) first meeting on September 29, 2021, in Pittsburgh, Pa. They also laid out next steps for the TTC working groups to deepen their cooperation with a view to developing concrete and commercially meaningful outcomes that strengthen transatlantic tech collaboration. The Secretary and EVP further explored opportunities to enhance the security of networks across both markets, including through existing market players as well as development of open radio access networks (ORAN). In addition, they underscored the importance of expanding collaboration on semiconductors and committed to identifying ways to advance mutually supportive research and development in this sector.