Yesterday, we sent a call to Slovenian Members of the European Parliament to support the EU–U.S. framework agreement, which will be voted on at today’s plenary session.
Transatlantic economic relations represent one of the most important global economic partnerships, forming a USD 9.8 trillion economic area, with more than USD 6.4 billion in goods and services exchanged between Europe and the United States every day. The European Union and the United States remain key trade and investment partners, with the EU accounting for 64% of foreign investment in the U.S., and the U.S. accounting for 56% of foreign investment in Europe.
Like other AmChams in Europe the business community does not in principle support tariffs. At the same time, we recognize that in today’s geopolitical and economic environment, companies urgently need greater predictability, stability, and clarity regarding the rules and costs of transatlantic trade.
For Slovenia, these relations are directly linked to jobs, knowledge transfer, and integration into international supply chains. A stable and predictable trading framework is therefore an important factor in the competitiveness of the Slovenian economy. In this context, AmCham Slovenia also welcomes the inclusion of additional safeguards, such as the “sunrise” mechanism and the strengthened “suspension” clause, which contribute to the balanced implementation of the agreement.
AmCham Slovenia therefore calls for support for the two proposals, which contribute to a stable and predictable transatlantic trade and investment environment that is important for the Slovenian economy, businesses, investment, and jobs.