The USA and the EU are continuing negotiations on trade and technology

The United States (USA) and the European Union (EU) have agreed to continue the work of expert panels in order to find solutions to various problems in trade relations, technology and other challenges. The issue is the subject of two-day talks that began on Wednesday in Pittsburgh. Stakeholders called on expert groups to further address various topics, such as climate, clean technologies, technological standards, tariffs or China's predatory trade practices. The US Party was led at the inaugural meeting of the US-EU Trade and Technology Council (TTC) by Secretary of Commerce Gina Raimond and Trade Representative Katherine Tai. The delegation was accompanied by Foreign Minister Antony Blinken. The meeting takes place in an atmosphere of broken relations after the union was not included in the new security alliance in the Indo-Pacific region between the USA, Great Britain and Australia. The defense pact aims to address China's growing regional influence. Raimond said the dispute over the security pact was outside the mandate of the TTC and was not the subject of negotiations. Both Minister Blinken and the EU delegation described the talks as extremely productive and helpful in creating new rules for global trade. In a joint statement released after Wednesday's talks, the two sides agreed on the need to maintain investment and export scrutiny, reaffirmed their interest in developing "innovative and credible" artificial intelligence systems, and committed themselves to respecting "universal human rights and shared democratic values". The statement also includes a commitment to work together to rebalance semiconductor supply chains. Stakeholders also announced the date of the meeting of the Export Control Working Group, which will take place on 27 October.