President Prodi met with TPN members to discuss Transatlantic Partnership

Below is a press release issued by the European Commission:

IP/04/218

A group of political members of the Transatlantic Policy Network (TPN) met today with President Romano Prodi to present TPN’s recently published set of recommendations to strengthen Transatlantic partnership (footnote).

The TPN group included Members of European Parliament Elmar Brok, James Elles and Erika Mann. They were joined by a U.S. delegation led by Congressman Bob Goodlatte and Rockwell Schnabel, U.S. Ambassador to the EU, was also present.

TPN has spent the last eighteen months developing consensus recommendations for a stronger and more productive partnership between the U.S. and the EU. These recommendations were broadly endorsed at a high-level group of American and European political and business leaders at a Transatlantic Leadership Summit last December in Washington.

The recommendations include:

  • Completing the transatlantic market by 2015, with special priority by 2010 on financial services and capital markets, civil aviation, the digital economy, competition policy and regulatory cooperation.
  • Promoting more open transatlantic defense markets and closer cooperation between transatlantic defense industries
  • Deepening practical cooperation on energy and climate change
  • The development of a formal “Transatlantic Partnership Agreement” to be implemented within the next five years.

The President thanked the group for its initiative.