- The sixth ministerial meeting of the Trade and Technology Council (“TTC”) was held in Leuven, Belgium, on 4 and 5 April 2024. It was co-chaired by European Commission Executive Vice Presidents Margrethe Vestager and Valdis Dombrovskis, United States Secretary of State Antony Blinken, Secretary of Commerce Gina Raimondo, and Trade Representative Katherine Tai, along with European Commissioner Thierry Breton, and hosted by the Belgian Presidency of the Council of the European Union.
- In efforts to enhance trade, electronic invoicing (eInvoicing) is seen as a valuable tool for modern business, providing efficiency gains, cost savings, and trade benefits. The European Union and the United States are working towards compatible eInvoicing systems to reshape cross-market transactions and transatlantic trade. Despite similarities in technical specifications, there are differences between the respective eInvoicing systems. Both parties aim to cooperate for greater compatibility, particularly in terms of business and technical interoperability, as outlined in the attached declaration to this Joint Statement.
Source ec.europa.eu
- See also
- Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T Developments, click HERE
