Home > News > Prevention, not cure, to be TEC’s future focus
October 28th, 2009
Prevention, not cure, to be TEC’s future focus
Abstract:
Following months of speculation about the future of the Transatlantic Economic Council (TEC), it seems, after the 27 October TEC meeting in Washington, that the body will survive but with a new focus. "After a trial and error phase, we have now a clear direction. We do not try to solve trade disputes or trade irritants. Instead, we try to find common ground for regulatory approaches," TEC Co-Chair and European Commission Vice-President Günter Verheugen said. The main instrument that will be used, he added, was mutual recognition because "if you try to harmonise, it does not work".
The priority sectors, said Michael Froman, US TEC co-chair from the White House-based National Security Council (NSC) and National Economic Council, would include "nanotechnology, labelling and energy efficiency". Verheugen added to that list the US' 100% scanning rule for inbound maritime containers due to be implemented by 2012, and double testing requirements for low voltage electrical equipment.
Source:
europolitics.info
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