The Market Access Partnership which establishes a new, stronger link between the Commission, Member States and business, and pools resources to help tackle barriers on the ground. In addition, the European Commission has stepped up cooperation with third countries on market access barriers of common concern, particularly with the US and Japan.
Finally, regulatory cooperation offers further benefits in areas such as consumer protection, environmental standards, and reducing the cost of doing business. The European Commission will also seek to maximise the use of regulatory cooperation to anticipate trade challenges and ensure mutually beneficial cooperation at an early stage.
While the European Commission is firmly committed to multilateral solutions, in many areas of regulation, bilateral or plurilateral cooperation is needed to make progress.