The Transatlantic Business Council (TABC) is an advocacy group of more than 70 multinational corporations, headquartered in the United States or Europe. A strategic programme within the TABC is the Transatlantic Business Dialogue (TABD). The TABC, with contact offices in Washington, D.C. and Brussels, considers itself the only officially recognized transatlantic voice of business on trade and investment issues.
Contents
The Transatlantic Business Council is a regular participant in ad-hoc meetings on trade related issues with the European Commission.
Transatlantic Business Dialogue (TABD)
The TransAtlantic Business Dialogue (TABD) was established by the US government and European Union in 1995 as the official business sector advisory group for EU and US officials on trade and investment issues. The purpose of the TABD was to foster an ongoing dialogue between business and government at the highest levels. With the founding of the Transatlantic Business Council ion 2013, the Dialogue has been reshaped as a programme within the TABC.
History
The TABC was founded 1 January 2013, in a merger of the existing Transatlantic Business Dialogue (1995) and the European-American Business Council (EABC), founded in 1997 as the successor of the European Community Chamber of Commerce in the United States.
Members
The list of TABC Member Companies includes a number of important multinational corporations:
Controversy
According to consumer rights advocacy group and think tank Public Citizen,
TABD makes countless smaller suggestions that are geared toward removing important worker, consumer and environmental laws and regulations which it views as "barriers to trade," and which everyone else views as measures that save lives, keep our air and water clean, and protect endangered animals and plants.