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EU, U.S. Partner to Promote Global Open Investment Policies

31 October 2012
Principal Deputy Assistant Secretary: Deborah A. McCarthy

Principal Deputy Assistant Secretary: Deborah A. McCarthy

Washington — Senior officials of the European Union and the United States met in Washington October 24 to continue discussions on global investment policy.

The talks have worldwide implications because the United States and the European Union are the world's largest sources and destinations for foreign investment. Trans-Atlantic investment benefits companies and workers by creating high-paying jobs, boosting exports and spurring innovation in both the United States and the European Union, the Office of the U.S. Trade Representative (USTR) said. The meeting of the Working Group on Investment, a dialogue of senior officials under the auspices of the Transatlantic Economic Council, was led for the United States by Assistant U.S. Trade Representatives Christine Bliss and L. Daniel Mullaney and Principal Deputy Assistant Secretary of State for Economic and Business Affairs Deborah McCarthy. The European Union delegation was led by European Commission Director of Services and Investment, Intellectual Property and Public Procurement Rupert Schlegelmilch.