The EU will call on the US to seize a “once-in-a-generation” opportunity to forge a new global alliance, in a detailed pitch to bury the tensions of the Trump era and meet the “strategic challenge” posed by China.
A draft EU plan for revitalising the transatlantic partnership, seen by the Financial Times, proposes new co-operation on everything from digital regulation and tackling the Covid-19 pandemic to fighting deforestation.
The paper, prepared by the European Commission, says that the EU-US partnership needs “maintenance and renewal” if the democratic world is to assert its interests against “authoritarian powers” and “closed economies [that] exploit the openness our own societies depend on”.
The 11-page set of draft policy proposals, entitled “a new EU-US agenda for global change”, includes an appeal for the EU and US to bury the hatchet on persistent sources of transatlantic tension, such as Europe’s push for greater taxation of US tech giants.
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