THE FIRST TRANSATLANTIC TRADE & INVESTMENT PARTNERSHIP FORUM EXPLORING BENEFITS & PITFALLS OF THE EU-US TRADE AGREEMENT
12 DECEMBER 2013 EUROPE HOUSE, 32 SMITH SQUARE, LONDON @IBDE_News
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Welcome Rudi Guraziu, Chief Executive, IBDE I am pleased to welcome you all to the First Transatlantic Trade & Investment Partnership Forum – exploring benefits and pitfalls of the EU-US trade agreement. The European Commission’s website describes the Transatlantic Trade and Investment Partnership (TTIP) as ‘the trade agreement that is being negotiated between the European Union and the United States. The aim of these negotiations will be to remove trade barriers (tariffs, unnecessary regulations, restrictions on investment etc.) in a wide range of economic sectors so as to make it easier to buy and sell goods and services between the EU and the US. The EU and US also want to make it easier for their companies to invest in each other's economy. The US-EU High Level Working Group on Jobs and Growth (HLWG) noted in its June 19, 2012 Interim Report, that transatlantic trade and investment are the backbone of the world economy. Together, the EU and the US account for nearly half of world GDP and 30 percent of world trade. Each day, goods and services worth $2.7 billion/€2.0 billion are traded bilaterally, promoting economic growth and supporting millions of jobs in both economies. In addition, the US and the EU have directly invested more than $3.7 trillion/€ 2.8 trillion on both sides of the Atlantic’. The recent financial and economic crisis which led to the European economic stasis has had a profound impact on global economic growth. It is clear that most advanced economies need to stimulate economic growth to reduce deficits and debt, but growth requires investment, and investors require a sensible regulatory infrastructure with as few trade barriers as possible. The TTIP proposed agreement will provide an excellent opportunity to help the EU-US economies get back on track and enhance their international competitiveness. Taking place at Europe House, today’s event brings together a wide range of policymakers, industry practitioners, diplomats as well as economic and financial experts from participating sectors and institutions to discuss the benefits and possible pitfalls of TTIP leading to an overall assessment of its impact on the EU and US economies. We are delighted to welcome such a diverse number of distinguished speakers who will be able to discuss these and other issues in detail. There will also be an opportunity to ask questions; so please feel free to participate in the debate. We are grateful to Jackie Minor and colleagues at the Representation for their generous support and for hosting this meeting. I wish also to thank all our distinguished speakers for accepting our invitation and all of you who have taken time out to be here today. Of course, I wish to thank my colleagues at IBDE and European Commission (especially Maria) for their efforts and excellent job in putting together this conference. IBDE runs a number of conferences each month; so I would like to encourage you to visit our website where you will find information about our forthcoming European Energy Forum due to take place on 16 January 2014 at King’s College and the 4th International Banking and Finance Forum which will kindly be hosted by Thomson Reuters on 13 February 2014. I wish to invite you to consider some limited sponsorship and exhibition opportunities that are available for these and other forthcoming IBDE forums. For more information please contact us at info@ibde.org or visit www.ibde.org
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PROGRAMME*
13:00
Networking and refreshments
13:30 – 14:00
Opening session: Welcome: Jackie Minor, Head of European Commission Representation in the UK Introduction: Rudi Guraziu, Chief Executive, IBDE Keynote: Sir Michael Rake, President of CBI and Chairman of BT Group
14:00–15:30
Session one: European Union TTIP perspective
Chair: Maurice Thompson, Vice Chairman, EMEA Banking, Citi Jackie Minor, Head of the European Commission Representation in the UK Julian Smith MP, Member, All-Party Group for EU-US Trade and Investment Edward Barker, Head of Transatlantic and International Unit, BIS Gary Campkin, Director, International Strategy, TheCityUK Questions & Answers Session
15:30 - 16:00
Networking coffee break
16:00 - 17:00
Session two: Unites States TTIP perspective
Chair: Rudi Guraziu, Chief Executive, IBDE Julie Nutter, Head of Economic Affairs, U.S. Embassy London Peter Chase, Vice President, Europe, U.S. Chamber of Commerce Jeffries Briginshaw, Managing Director, British American Business Mike Pullen, Partner, EMEA Head of Competition and Trade, DLA Piper Questions & Answers Session 17:00
Conference closes
Correct at the time the brochure was sent to printers
IBDE – Integrating World Markets
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ORGANISER International Business and Diplomatic Exchange (IBDE) is a London based non-profit organisation, whose aim is to provide leadership in promoting international trade and investment flows through facilitating dialogue and resource-sharing between the global business, policy-making and diplomatic communities - providing an independent, accessible platform for debate on international business and political issues impacting global markets. Through selected events such as investment forums, round-tables, workshops, conferences, seminars and networking opportunities, IBDE supports international businesses in identifying key business and investment opportunities and strategies within the international economic and political context. IBDE prides itself on its excellent partnerships with prestigious institutions and organisations such as European Union, City of London, Foreign & Commonwealth Office, Embassies and Corporates as well as leading academic institutions such as University of Oxford, UCL, University of East Anglia, Cass Business School etc. IBDE’s overarching concept, linking commerce with policymaking, academia and diplomacy at all levels, commits the organisation to using its influence to help both businesses and embassies secure new business, trade and investment opportunities. IBDE is proud to be the official partner of the International Festival for Business 2014. The IFB 2014, the first of its kind for more than a generation, will be an “Olympics for Business” with over 100 world-class events from June to July 2014 in Liverpool. It will attract more than 250,000 business delegates from across the globe. The Festival is officially supported and funded by the UK Government and Prime Minister The Rt Hon David Cameron MP has offered his full personal support. Contact: International Business and Diplomatic Exchange 1 Northumberland Avenue, Trafalgar Square, London WC2N 5BW, United Kingdom Tel: +44 (0) 20 7193 1485 Fax: (+44) 0 20 3318 9199 - Email: info@ibde.org Website: www.ibde.org
HOST The European Commission has offices, called Representations, in all the Member States of the European Union. The UK Representation is in London; there are also Offices in Belfast, Cardiff and Edinburgh. Their chief duties are: Speaking for the Commission as its voice in the UK. This includes providing background briefings for the media as well as on-the-record comment on issues relevant to the Commission. Reporting back to the Commission in Brussels on political, economic and social developments in the UK. Providing information about the European Union across the UK through recognised outlets such as public libraries, business advice centres and education services.
Supporters
IBDE – Integrating World Markets www.ibde.org
DATES
NOTES
IBDE – Integrating World Markets
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Speaking, sponsorship and exhibition opportunities are available for the above events. For details on the various branding and visibility packages we offer on these events please contact: IBDE – Integrating World Markets www.ibde.org info@ibde.org or 020 7193 1485
CITY OF LONDON The World's Pre-eminent Financial Centre
Integrating World Markets Principle Objectives: to provide assistance in increasing international trade and investment flows to identify and promote new business opportunities and to support wealth creation to promote sound investment practice to promote responsible banking and finance to promote project finance and public private partnerships to promote good governance and corporate social responsibility to promote the concept of business and commercial diplomacy to provide assistance in integrating developing countries into global markets to undertake research to support our promotional activities
MEMBERSHIP For membership packages please contact us at: info@ibde.org or visit our website
International Business and Diplomatic Exchange 1 Northumberland Avenue, Trafalgar Square, London WC2N 5BW Tel: 020 7193 1485 Email: info@ibde.org
Fax: 020 3318 9199 Web: www.ibde.org