US businesses call for 'IQ alliance' with Europe
Mar 4, 2011
The US Chamber of Commerce to the EU is calling for simpler visa procedures to make it easier for scientists and researchers to move between Europe and America, in response to competition from emerging economies such as China and India.
John Vassallo, chair of AmCham EU, said increased cooperation on innovation and education could drive economic recovery on both sides of the Atlantic.
"Despite the economic crisis and the global downturn, the United States and Europe remain each other's most important markets," said Vassallo, who represents American companies active in Europe.
Vassallo was speaking at a high-level conference on 'Innovation in the Transatlantic Relationship', which took place in Brussels on Thursday (3 March).
Conference: Innovation in the Transatlantic Relationship - Unlocking the Potential of a 21st Century Economy
Speech by Máire Geoghegan-Quinn, Commissioner for Research, Innovation and Science: