EU and US Perspectives on Climate, Trade and Bioengineering Policies

International Council for Capital Formation
July 7, 2003
By Margo Thorning

(PDF)

Prepared for a Forum Sponsored by the Fundacion Concordia

The European Union and the United States share many common goals and work together harmoniously on numerous political, economic, and environmental issues. In spite of the good will and appreciation that the world’s two largest economies have for each other, there are significant policy differences that hinder our mutual goals of closer cooperation and mutual support.

This paper takes a brief look at three policy issues that have been, and continue to be, major sources of friction between the EU and the US. These are: (1) climate change policy, (2) the use of the Foreign Sales Corporation by US exporters, and (3) biotechnology.

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