Transatlantic Business Dialogue
Encyclopedia
The TransAtlantic Business Dialogue (TABD) offers a framework for cooperation between the transatlantic business community and the governments of the European Union
(EU) and United States of America
(US).
It is an informal process whereby European and American companies and business associations develop joint EU-US trade policy recommendations, working together with the European Commission
and US Administration.
Formally, it is a coalition of U.S. and European CEOs, largely from transnational corporations, launched at the urging of former United States Secretary of Commerce
Ron Brown
in Seville
(Spain) in late 1995 at a conference attended by CEOs from more than 100 U.S. and EU companies and by top government representatives led by the Commissioners for Trade and Industry and by the U.S. Secretary of Commerce.
The major goal of the TABD is to boost transatlantic trade and investment through the removal of barriers caused by regulatory differences. The TABD is co-chaired by a U.S. and an EU CEO, currently from Deloitte and Heitkamp & Thumann AG. TABD promotes its policy statements and recommendations through formal meetings with the EU and US government and parliament people, giving the members direct access to high-level talks with the leading figures for efficient lobbying
. TABD Membership is by invitation only, officially to secure
a proper geographical representation and a mix of sector activities as well as SME representation.
TABD policy issues are driven by TABD members, and working group
s are organized where necessary. TABD publishes semi-annual reports documenting governmental responses to TABD proposals and identifying new proposals.
Its latest achievement has been success in its unique role as official business advisor to the Transatlantic Economic Council (TEC).
European Union
The European Union is an economic and political union of 27 independent member states which are located primarily in Europe. The EU traces its origins from the European Coal and Steel Community and the European Economic Community , formed by six countries in 1958...
(EU) and United States of America
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...
(US).
It is an informal process whereby European and American companies and business associations develop joint EU-US trade policy recommendations, working together with the European Commission
European Commission
The European Commission is the executive body of the European Union. The body is responsible for proposing legislation, implementing decisions, upholding the Union's treaties and the general day-to-day running of the Union....
and US Administration.
Formally, it is a coalition of U.S. and European CEOs, largely from transnational corporations, launched at the urging of former United States Secretary of Commerce
United States Secretary of Commerce
The United States Secretary of Commerce is the head of the United States Department of Commerce concerned with business and industry; the Department states its mission to be "to foster, promote, and develop the foreign and domestic commerce"...
Ron Brown
Ron Brown (U.S. politician)
Ronald Harmon "Ron" Brown was the United States Secretary of Commerce, serving during the first term of President Bill Clinton. He was the first African American to hold this position...
in Seville
Seville
Seville is the artistic, historic, cultural, and financial capital of southern Spain. It is the capital of the autonomous community of Andalusia and of the province of Seville. It is situated on the plain of the River Guadalquivir, with an average elevation of above sea level...
(Spain) in late 1995 at a conference attended by CEOs from more than 100 U.S. and EU companies and by top government representatives led by the Commissioners for Trade and Industry and by the U.S. Secretary of Commerce.
The major goal of the TABD is to boost transatlantic trade and investment through the removal of barriers caused by regulatory differences. The TABD is co-chaired by a U.S. and an EU CEO, currently from Deloitte and Heitkamp & Thumann AG. TABD promotes its policy statements and recommendations through formal meetings with the EU and US government and parliament people, giving the members direct access to high-level talks with the leading figures for efficient lobbying
Lobbying
Lobbying is the act of attempting to influence decisions made by officials in the government, most often legislators or members of regulatory agencies. Lobbying is done by various people or groups, from private-sector individuals or corporations, fellow legislators or government officials, or...
. TABD Membership is by invitation only, officially to secure
a proper geographical representation and a mix of sector activities as well as SME representation.
TABD policy issues are driven by TABD members, and working group
Working group
A working group is an interdisciplinary collaboration of researchers working on new research activities that would be difficult to develop under traditional funding mechanisms . The lifespan of the WG can last anywhere between a few months and several years...
s are organized where necessary. TABD publishes semi-annual reports documenting governmental responses to TABD proposals and identifying new proposals.
Its latest achievement has been success in its unique role as official business advisor to the Transatlantic Economic Council (TEC).
- Euro-American relationsEuro-American relationsRelations between the European Union and the United States are the bilateral relations between the European Union and the United States of America . Due to the EU not having a fully integrated foreign policy, relations can be more complicated where the EU does not have a common agreed position e.g...
External links
- http://www.tabd.com
- Speech of Al GoreAl GoreAlbert Arnold "Al" Gore, Jr. served as the 45th Vice President of the United States , under President Bill Clinton. He was the Democratic Party's nominee for President in the 2000 U.S. presidential election....
on the TABD - A page of the European Commission on the TABD
- page on state.gov
- TABD at citizen.org