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White House Seeks Comments on the Impact of U.S. and EU Regulations on International Trade and Investment

Washington, DC, Dec 11, 2007

2007 U.S.-EU Summit The U.S. Office of Management and Budget and the Secretariat General of the European Commission have called for public comment on a draft joint report addressing the impact of U.S. and EU regulations on international trade and investment.

The report presents a methodological study of existing regulatory practices in the U.S. and the EU and posits some preliminary conclusions that will help ensure that future regulations take international trade and investment concerns into account.

Entitled Review of the Application of EU and US Regulatory Impact Assessment Guidelines on the Analysis of Impacts on International Trade and Investment, the twenty-five page report was drafted for consideration during the November 9, 2007, meeting of the Transatlantic Economic Council in Washington, DC. [see related article]

Established during the April 2007 U.S.-EU Summit, the Transatlantic Economic Council represents the commitment of the American and European governments to strengthening transatlantic economic integration. Summit participants agreed upon a Framework for Advancing Transatlantic Economic Integration to help accelerate progress and guide the joint work effort.

Interested parties are invited to review the report online and provide their comments in writing by February 8, 2008.

Comments may be e-mailed to or faxed to Ms. Carolyn Swinney at 202.395.6974. For additional information, please contact Mr. Dominic Mancini of the Office of Information and Regulatory Affairs, Office of Management and Budget by phone at 202.395.7316.

ANSI Nanotechnology Standards Panel