In April 2007, President Bush, EU Commission President Barroso and German
Chancellor Merkel, then serving as EU Council President, signed a framework for
advancing transatlantic economic integration between the European Union and the
United States. Under this initiative, five topics were given priority, or Lighthouse status,
one of which is Secure Trade. Under this item, governments agreed to develop common
trade supply chains that could lead to mutual recognition of programs for economic
operators.
This one day conference harnessed the momentum created by the
Framework, focusing on the experiences and concerns of transatlantic companies.
Participants from the U.S. Government, the EU Commission, and European and
American firms explored ways to cut red tape through mutual recognition of customs
security initiatives, to facilitate trade, and to maintain safe and secure supply chains. The
conference concluded with a set of concrete recommendations from business.







