EU-US Trade and Technology Council Advances Cooperation in Artificial Intelligence

Science & Tech 16:35 06.04.2024

The 6th meeting of the EU-US Trade and Technology Council convened in Leuven, Belgium, signaling a joint effort to bolster collaboration in the realm of artificial intelligence (AI).

According to Ednews, citing Bloomberg, EU Executive Vice President Margrethe Vestager underscored the importance of sharing research on older generation chips and outlined proactive measures to enhance the resilience of chip supply chains.

U.S. Secretary of State Antony Blinken emphasized the collective strength of the EU and the US, which together account for half of the world's GDP, highlighting their capacity to effectively address shared challenges and pursue common objectives.

Against the backdrop of escalating geopolitical complexities, the meeting centered on formulating a unified approach and fostering greater cooperation on trade and technology matters.

In line with these efforts, the Trade and Technology Council, established between the EU and the US in 2021, aims to foster collaboration in key areas while facilitating constructive dialogues to resolve disputes.

The gathering signals a concerted commitment by both parties to deepen their partnership and leverage technological advancements for mutual benefit amidst a rapidly evolving global landscape.

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