Joint letter to President Joe Biden and President of the European Commission Ursula von der Leyen

SAPIE and other European associations active in Europe prepared the joint letter in supporting the theme of digital economy between USA and EU and sent it to President Joe Biden and President of the European Commission Ursula von der Leyen.

Entrepreneurs on both sides of the Atlantic propose a fresh dialogue on regulatory issues and the removal of prohibitive barriers to trade and investment. We are ambitious about new technologies and their potential for businesses and consumers. Now more than ever, we need to focus on the huge potential of trade and cooperation between our economies so as our models of business and the inherent democratic foundation of these continue to influence the global economy.

A key question we continuously face is: what kind of regulatory and trade framework can we build that brings together our startup ecosystems on both sides of the Atlantic? As discussions about new technological challenges, trade and tax are held, it is important for us to highlight that we have far more in common than what separates us, and that creating barriers or data walls should not be part of the solution. Barriers risk stymying the potential of startups on both sides of the Atlantic. In areas such as Artificial Intelligence, Privacy (and data adequacy), data flows or platform legislation we see regulatory confusion and instead encourage close coordination.

You can read more in the letter below.