2010 is a hugely important time for EU trade and investment policy, which will set the tone for the next five years. In its "Priorities for external competitiveness 2010- 2014", BUSINESSEUROPE presents its views on the external dimension of the EU's competitiveness strategy from 2010, whose main purpose should be to generate long-term growth and employment in the European economy through expanded trade and investment. This is accurately reflected in the link between commercial policy and EU competitiveness that is at the heart of the EU's current Global Europe strategy. The EU 2020 strategy should, therefore, maintain Global Europe while making improvements in some key areas. Our recommendations are structured under four headings: advancing trade negotiations; creating strategic relationships with important partner countries; enabling EU competitiveness through targeted trade and investment policies; ensuring coordination between commercial and related policies.

BUSINESSEUROPE and the US Chamber of Commerce on 30 April 2008 presented a brochure outlining the vital importance of bringing the EU and US regulatory systems ever closer for future competitiveness of our companies. The document has been used extensively to press for future integration of our economies.

BUSINESSEUROPE and the American Chamber of Commerce organised the stakeholder session of the EU-US High Level Regulatory Cooperation Forum. BUSINESSEUROPE President Thumann argued for a strategic approach to cooperation on regulation and standards across the Atlantic. He urged for a stronger focus on better regulation and common approaches in areas of emerging regulation. Touching on behavioural economics, Michael Fitzpatrick of the US government urged business to look into the initiatives taken by the US government in the area of 'open and transparent government'. During the discussion, business representatives raised the issue of stakeholder involvement in impact assessments and the importance of compliance with existing rules