Transatlantic Economic Council (TEC)
Created by a joint framework for advancing transatlantic economic cooperation, the Transatlantic Economic Council (TEC) is the primary plenary forum for economic dialogue between the United States and the European Union. The Transatlantic Economic Council (TEC) seeks to deepen cooperation between the United States and the European Union by promoting economic growth through increased trade and job creation. The TEC works to facilitate agreement on a wide range of economically important issues managed through its Current Workplan. Meeting at least once per year, the co-chairs of the TEC – the White House Deputy National Security Advisor for International Economic Affairs and the EU Commissioner for Trade – promote dialogue and agreement to further integrate the transatlantic economies. Across a spectrum of interrelated issues, the TEC seeks to eliminate trade barriers, implement best practices, harmonize standards, and develop market access.