The White House has announced it will partner with European stakeholders on a range of global trade policies to address supply chain challenges and expand access to digital tools for small to medium-sized enterprises.

During the ministerial meeting at the U.S.-EU Trade and Technology Council (TTC), U.S. and EU TTC co-chairs announced key outcomes, including: 

  • Deeper information exchange on exports of critical U.S. and EU technology, with an initial focus on Russia and other potential sanctions evaders
  • Development of a joint roadmap on evaluation and measurement tools for trustworthy Artificial Intelligence and risk management, as well as a joint project on privacy-enhancing technologies
  • Creation of a U.S.-EU Strategic Standardization Information (SSI) mechanism to enable information sharing on international standards development;
  • An early warning system to better predict and address potential semiconductor supply chain disruptions
  • A new Cooperation Framework on issues related to information integrity in crises, particularly on digital platforms, including the manipulation and censoring of information
  • A policy dialogue aimed at developing responses to global food security challenges caused by Russian aggression in Ukraine
  • U.S.-EU guide to cybersecurity best practices for small- and medium-sized companies

It’s great to see continued government leadership in this space, says Casey Bisson, Head of Product and Developer Relations at BluBracket. While many companies already employ secure software supply chain management practices, “too many are unaware or unprepared for the risks,” Bisson says.  “Given the international nature of technology supply chains, coordination with the EU can increase the effectiveness of these efforts.”