Reduction of technical barriers to trade within the framework of the Transatlantic Trade Council (TTC)

For the German electrical and digital industry, the USA are one of the most important trading partners. Free mutual market between the EU and the US is of great importance for our industry. To this end, it is important to work towards the further reduction of existing non-tariff trade barriers, especially in the area of technical regulation. In principle, we therefore support efforts to work towards uniform market access conditions within the framework of the Transatlantic Trade Council (TTC). Uniform standards that are recognised by both sides play an important role in this, as they should be jointly developed from the outset in the area of cyber security and artificial intelligence, for example. 

When reducing non-tariff barriers to trade in the area of technical regulation, it is important to find mutually beneficial solutions in order to achieve reciprocity in market access for
the other partner and to reduce costs for companies on both sides of the Atlantic.