Launch of the US-EU Task Force on the Inflation Reduction Act

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Bjoern Seibert, Head of Cupboard to European Fee President Ursula von der Leyen met in Berlin on 25 October 2022 with U.S. Deputy Nationwide Safety Advisor Mike Pyle to debate a spectrum of precedence points together with Ukraine Reconstruction. Moreover, throughout right now’s assembly, Mr. Seibert and Mr. Pyle launched the U.S.-EU Activity Power on the Inflation Discount Act (IRA).

The Activity Power will deal with particular considerations raised by the EU associated to the IRA. Each side agreed on the significance of shut coordination to assist sustainable and resilient provide chains throughout the Atlantic, together with to construct the clear vitality economic system.

The primary Activity Power assembly can be held subsequent week. The Activity Power builds on high-level engagement throughout the European Fee and United States Authorities. Because the Activity Power’s work will get underway, Mr. Seibert will proceed high-level engagements on these points, together with by means of engagement with Nationwide Safety Advisor Jake Sullivan, Nationwide Financial Council Director Brian Deese, Senior Advisor for Clear Vitality Innovation and Implementation John Podesta.

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