From 24 to 28 February 2020, the first European Cooperation week of the year gets underway at EUIPO. This important forum brings together IP experts from all over the EU with the common goal of implementing the European Cooperation Programmes within the current Strategic Plan 2020 at EUIPO.
Experts from the European Union Intellectual Property Network (EUIPN) will meet for the 8th European Cooperation Projects (ECP) working group meetings, the EUIPN Point of Contacts (PoCs) meeting and the Classification working group meeting on trade marks and designs.
The meetings are a key driver of the development and sustainability of the ECP outcomes. They gather more than 170 experts from intellectual property offices of the EU, EUIPO and user associations, together with observers from the European Patent Office (EPO) and the World Intellectual Property Organization (WIPO).
The 8th ECP working groups will be reviewing the progress made on five different European Cooperation projects, including the ECP3 New Tools project on Decision Desktop, ECP4 Shared Services and Practices (CP11 and CP12), ECP5 European Network of Authenticities, and ECP2 major improvements to TMView and DesignView.
Participation and engagement in the working groups has increased over the past years, thus reinforcing the exchange of knowledge. The working group members play a decisive role in shaping the outcome of each project, all of which combine to strengthen and develop the IP system across the EU. For example, experts will be invited to validated the last updates to the new TMview version planned to go live in April (the beta version was launched in late 2019), while progress in the drafting of common practices in the Convergence Programme on new types of practices will be sought.
The EUIPN Point of Contacts meeting gathers members of the EU Intellectual Property Network (EUIPN), with the aim of facilitating a collaborative approach with EUIPO and building an interconnected, efficient and reliable IP system, through continuous cooperation and consultations, for the benefit of users. The meeting will serve to highlight the importance of efficient implementation of the new cooperation model, as well as preparing for the assessment of interest for participation in ECPs during the last part of 2020 and 2021 by the national and regional intellectual property offices of the EU.
The Classification Working group meetings, in cooperation with the Digital Transformation Department (DTD) of EUIPO, will be dealing with two different work streams, designs and trade marks, bringing together classification experts from EU IP offices as well as WIPO and User Associations.
Work stream “Designs” will be focusing on the discussion of issues related to the maintenance of the Harmonised Database of Product Indications (HDBPI) and improvements to enhance the use and quality of the database. This will be the first time a maintenance meeting is held for DesignClass. It will take place twice a year, with the next one planned for September 2020.
Similarly, work stream “trade marks” will focus on the discussion of issues related to the classification of Goods and Services, such as the content and operational issues of the Harmonised Database (HDB), Taxonomy and Nice updates.
The European Cooperation week will pave the way for future actions across the different projects, including technical acknowledgement in the March Liaison meeting or adoption of common practices in the June Management Board and Budget Committee meetings. As usual, a second European Cooperation week will be planned for the end of September 2020.
Compliments of the European Union Intellectual Property Office

Today, the Commission unveils its ideas and actions for a digital transformation that works for all, reflecting the best of Europe: open, fair, diverse, democratic and confident. It presents a European society powered by digital solutions that put people first, opens up new opportunities for businesses, and boosts the development of trustworthy technology to foster an open and democratic society and a vibrant and sustainable economy. Digital is a key enabler to fighting climate change and achieving the green transition. The European data strategy and the policy options to ensure the human-centric development of Artificial Intelligence (AI) presented today are the first steps towards achieving these goals.
The President of the Commission, Ursula von der Leyen, said: “Today we are presenting our ambition to shape Europe’s digital future. It covers everything from cybersecurity to critical infrastructures, digital education to skills, democracy to media. I want that digital Europe reflects the best of Europe – open, fair, diverse, democratic, and confident.”
Executive Vice-President for A Europe Fit for the Digital Age, Margrethe Vestager, said: “We want every citizen, every employee, every business to stand a fair chance to reap the benefits of digitalisation. Whether that means driving more safely or polluting less thanks to connected cars; or even saving lives with AI-driven medical imagery that allows doctors to detect diseases earlier than ever before.”
Commissioner for Internal Market,Thierry Breton, said: “Our society is generating a huge wave of industrial and public data, which will transform the way we produce, consume and live. I want European businesses and our many SMEs to access this data and create value for Europeans – including by developing Artificial Intelligence applications. Europe has everything it takes to lead the ‘big data’ race, and preserve its technological sovereignty, industrial leadership and economic competitiveness to the benefit of European consumers.”
Europe as a trusted digital leader
Digital technologies, if used with purpose, will benefit citizens and businesses in many ways. Over the next five years, the Commission will focus on three key objectives in digital:
·     Technology that works for people;
·     A fair and competitive economy; and
·     An open, democratic and sustainable society.
Europe will build on its long history of technology, research, innovation and ingenuity, and on its strong protection of rights and fundamental values. New policies and frameworks will enable Europe to deploy cutting-edge digital technologies and strengthen its cybersecurity capacities. Europe will continue to preserve its open, democratic and sustainable society and digital tools can support these principles. It will develop and pursue its own path to become a globally competitive, value-based and inclusive digital economy and society, while continuing to be an open but rules-based market, and to work closely with its international partners.
Europe as a leader in trustworthy Artificial Intelligence
Europe has all it needs to become a world leader in Artificial Intelligence (AI) systems that can be safely used and applied. We have excellent research centres, secure digital systems and a robust position in robotics as well as competitive manufacturing and services sectors, spanning from automotive to energy, from healthcare to agriculture. 
In its White Paper presented today, the Commission envisages a framework for trustworthy Artificial Intelligence, based on excellence and trust. In partnership with the private and the public sector, the aim is to mobilise resources along the entire value chain and to create the right incentives to accelerate deployment of AI, including by smaller and medium-sized enterprises. This includes working with Member States and the research community, to attract and keep talent. As AI systems can be complex and bear significant risks in certain contexts, building trust is essential. Clear rules need to address high-risk AI systems without putting too much burden on less risky ones. Strict EU rules for consumer protection, to address unfair commercial practices and to protect personal data and privacy, continue to apply.
For high-risk cases, such as in health, policing, or transport, AI systems should be transparent, traceable and guarantee human oversight. Authorities should be able to test and certify the data used by algorithms as they check cosmetics, cars or toys. Unbiased data is needed to train high-risk systems to perform properly, and to ensure respect of fundamental rights, in particular non-discrimination. While today, the use of facial recognition for remote biometric identification is generally prohibited and can only be used in exceptional, duly justified and proportionate cases, subject to safeguards and based of EU or national law, the Commission wants to launch a broad debate about which circumstances, if any, might justify such exceptions.
For lower risk AI applications, the Commission envisages a voluntary labelling scheme if they apply higher standards.
All AI applications are welcome in the European market as long as they comply with EU rules.
Europe as a leader in the data economy
The amount of data generated by businesses and public bodies is constantly growing. The next wave of industrial data will deeply transform the way we produce, consume and live. But most of its potential remains unfulfilled. Europe has everything it takes to become a leader in this new data economy: the strongest industrial base of the world, with SMEs being a vital part of the industrial fabric; the technologies; the skills; and now also a clear vision.
The objective of the European data strategy is to make sure the EU becomes a role model and a leader for a society empowered by data. For this, it aims at setting up a true European data space, a single market for data, to unlock unused data, allowing it to flow freely within the European Union and across sectors for the benefit of businesses, researchers and public administrations. Citizens, businesses and organisations should be empowered to make better decisions based on insights gleaned from non-personal data. That data should be available to all, whether public or private, start-up or giant.
To achieve this, the Commission will first propose to establish the right regulatory framework regarding data governance, access and reuse between businesses, between businesses and government, and within administrations. This entails creating incentives for data sharing, establishing practical, fair and clear rules on data access and use, which comply with European values and rights such as personal data protection, consumer protection and competition rules. It also means to make public sector data more widely available by opening up high-value datasets across the EU and allowing their reuse to innovate on top.
Second, the Commission aims at supporting the development of the technological systems and the next generation of infrastructures, which will enable the EU and all the actors to grasp the opportunities of the data economy. It will contribute to investments in European High Impact projects on European data spaces and trustworthy and energy efficient cloud infrastructures.
Finally, it will launch sectoral specific actions, to build European data spaces in for instance industrial manufacturing, the green deal, mobility or health.
The Commission will also work to further narrow the digital skills gap among Europeans, and explore how to give citizens better control over who can access their machine-generated data.
Next Steps
As set out in the strategy presented today, the Commission will present later this year a Digital Services Act and a European Democracy Action Plan, propose a review of the eIDAS regulation, and strengthen cybersecurity by developing a Joint Cyber Unit. Europe will also continue to build alliances with global partners, leveraging its regulatory power, capacity building, diplomacy and finance to promote the European digitalisation model.
The White Paper on Artificial Intelligence is now open for public consultation until 19 May 2020. The Commission is also gathering feedback on its data strategy. In light of the input received, the Commission will take further action to support the development of trustworthy AI and the data economy
Background
Since 2014, the Commission has taken a number of steps to facilitate the development of a data-agile economy such as the Regulation on the free flow of non-personal data, the Cybersecurity Act, the Open Data Directive and the General Data Protection Regulation.
In 2018, the Commission presented for the first time an AI strategy, and agreed a coordinated plan with Member States. The framework for AI presented today also builds on the work carried out by the High-Level Expert Group on Artificial Intelligence, which presented their Ethics Guidelines on trustworthy AI in April 2019.
In her Political Guidelines, Commission President Ursula von der Leyen stressed the need to lead the transition to a healthy planet and a new digital world. In that context, she announced to kick-start the debate on human and ethical Artificial Intelligence and the use of big data to create wealth for societies and businesses during her first 100 days in office.
Compliments of the European Commission

MEPs underlined that Parliament will only give its consent to a budget that meets the European Union’s ambitions, in a debate on EU funding for 2021-2027.

Talking about the budget means talking about the EU’s future, MEPs said in a key plenary debate with Nikolina Brnjac, Croatian State Secretary for Foreign and European Affairs, representing the Council, and Commission President Ursula von der Leyen.
The debate on Wednesday came ahead of a special EU summit starting on 20 February, where member states will try to agree on a common position on the next multiannual financial framework (MFF).
Most MEPs insisted that sufficient funding is key to achieve common ambitions such as fighting climate change, the digital and ecological transformation, dealing with the social consequences of the latter, and continuing to support regions and cities, farmers, young people, researchers or entrepreneurs. Implementing the Green Deal with a reduced budget, for example, would mean cutting successful EU programmes elsewhere, MEPs highlighted. Some said that certain EU policies need to be assessed more thoroughly, and that more spending discipline is needed.
In addition, introducing new sources of revenue (“Own Resources”) for the EU and linking the EU budget to the respect of rule of law are key for MEPs.
Compliments of the European Parliament

The European Securities and Markets Authority (ESMA) has published seven opinions on position limits  regarding commodity derivatives under the Markets in Financial Instruments Directive and Regulation (MiFID II/MIFIR) today.

ESMA’s opinions agree with the proposed position limits regarding:
ICE Endex Dutch TTF Gas contracts
EEX Phelix DE Base Power contracts
EEX Capesize TC5 Freight contracts
EEX Spanish Power Base contracts
MEFFPOWER  Baseload contracts
ESMA found that the proposed position limits are consistent with the objectives established in MiFID II and with the methodology developed for setting those limits.
In addition to the five opinions above, ESMA published two opinions on the proposed position limits regarding the OMIP SPEL Base contracts. The first opinion relates to the position limits initially notified by Comissão do Mercado de Valores Mobiliários (CMVM ) which ESMA did not find consistent with the objectives established in MiFID II. In such circumstances, Article 57(5) of MiFID II requires the competent authority concerned  to modify the position limits in accordance with ESMA’s opinions or provide ESMA with justification why the change is considered to be unnecessary. In December 2019, CMVM accordingly notified ESMA of revised position limits for the OMIP SPEL base contracts. ESMA agreed with those revised position limits in a subsequent opinion which also has been published today.
ESMA will continue to assess the notifications received and issue opinions in order to ensure that the position limits are set in accordance with the MiFID II framework.
Compliments of the European Commission

Today, the European Commission put forward a proposal to drive forward the EU accession process, by making it more credible, with a stronger political steer, more dynamic and predictable.
Commissioner for Neighbourhood and Enlargement, Olivér Várhelyi, commented: “The European Union enlargement to the Western Balkans is a top priority for the Commission. We are working on three tracks: Firstly, today we propose concrete steps on how to enhance the accession process. While we are strengthening and improving the process, the goal remains accession and full EU membership. Secondly, and in parallel, the Commission stands firmly by its recommendations to open accession negotiations with North Macedonia and Albania and will soon provide an update on the progress made by these two countries. Thirdly, in preparation of the EU-Western Balkans Summit in Zagreb in May, the Commission will come forward with an economic and investment development plan for the region.”
Enhancing the accession process – A credible EU perspective for the Western Balkans
A more credible process: The accession process needs to build on trust, mutual confidence and clear commitments by the European Union and the Western Balkans. Credibility should be reinforced through an even stronger focus on fundamental reforms, starting with the rule of law, the functioning of democratic institutions and public administration as well as the economy of the candidate countries. When partner countries meet the objective criteria, the Member States shall agree to move forward to the next stage of the process, respecting the merits-based approach.
A stronger political steer: The political nature of the accession process requires a stronger political steer and engagement at the highest levels. The Commission proposes to increase the opportunities for high level political and policy dialogue, through regular EU-Western Balkans summits and intensified ministerial contacts. Moreover, Member States should be involved more systematically in monitoring and reviewing the process. All bodies under Stabilisation and Association Agreement will focus much more on the key political issues and reforms, while Inter-Governmental Conferences will provide stronger political steering for the negotiations.
A more dynamic process: To inject further dynamism into the negotiating process, the Commission proposes to group the negotiating chapters in six thematic clusters: fundamentals; internal market; competitiveness and inclusive growth; green agenda and sustainable connectivity; resources, agriculture and cohesion; external relations. Negotiations on each cluster will be open as a whole – after fulfilling the opening benchmarks – rather than on an individual chapter basis. Negotiations on the fundamentals will be open first and closed last and the progress on these will determine the overall pace of negotiations. The timeframe between opening a cluster and closing the individual chapters should be limited, preferably within a year fully dependant on the progress of the reforms.
A more predictable process: The Commission will provide greater clarity on what the EU expects of enlargement countries at the different stages of the process. It will make clearer what the positive consequences progress on reforms can bring, and what will the negative consequences will be when there is no progress.
To encourage demanding reforms, the Commission will better define the conditions set for candidates to progress and will provide clear and tangible incentives of direct interest to citizens. Incentives could include accelerated integration and “phasing-in” to individual EU policies, the EU market and EU programmes – while ensuring a level playing field – as well as increased funding and investments. The more candidates advance in their reforms, the more they will advance in the process. Equally, the Commission proposes more decisive measures proportionally sanctioning any serious or prolonged stagnation or backsliding in reform implementation and meeting the requirements of accession process. Negotiations could be put on hold in certain areas, or in the most serious cases, suspended overall, and already closed chapters could be re-opened; benefits of closer integration, like access to EU programmes, could be paused or withdrawn, and the scope and intensity of EU funding could be adjusted downward.
Next steps
The Commission hopes the Member States will endorse the proposal, in parallel with the opening of accession negotiations with North Macedonia and Albania, ahead of the European Union-Western Balkans Summit in Zagreb on 6-7 May. For the summit the Commission will consider how to bring forward investment, socio- economic integration and the rule of law for the Western Balkans region.
Compliments of the European Commission

Josep Borrell, the EU’s High Representative for Foreign Affairs and Security Policy and Vice-President of the European Commission (HR/VP), will travel to the United States on 6 and 7 February. This will be the first visit of Josep Borrell to the United States in his capacity as HR/VP.
During his stay in Washington DC, he will meet with United States Secretary of State, Michael R. Pompeo, with the Speaker of the United States House of Representatives, Nancy Pelosi, with National Security Advisor, Robert O’Brien, and with Senior Advisor to the President, Jared Kushner. These meetings will provide an opportunity to advance the foreign policy dialogue between the EU and US and should focus specifically on ways to enhance transatlantic relations. In the meetings, High Representative Borrell will discuss current foreign policy issues and seek joint solutions based on a commitment to multilateralism and the rules-based international order.
Audiovisual coverage of the visit will be provided by Europe by Satellite. 
Compliments of the Delegation of the European Union to the United States

The European Securities Markets Authority (ESMA) has published today an amended version of its guidelines on enforcement of financial information. The Guidelines apply to national competent authorities’ (NCAs) enforcement of financial information which issuers, listed on regulated markets, are required to publish under the Transparency Directive.

Following a 2017 peer review on the implementation of certain aspects of the Guidelines, ESMA decided to amend the Guidelines in order to further harmonise the way NCAs enforce the financial disclosures of European issuers. The amendments mainly relate to NCAs’ methods for selecting the issuers whose financial information should be subject to examination (Guideline 5) and the procedures NCAs apply when they carry out such examination (Guideline 6).
Steven Maijoor, Chair, said:
“Ensuring that issuers provide investors with the full picture of their financial performance and situation is a prerequisite for transparent capital markets. Investors need to know the financial health of issuers in whom they may wish to invest.
“We need to ensure that the disclosure of financial information is comparable across the EU. Subjecting issuers to a similar level of scrutiny by national competent authorities enhances both market confidence and investor protection.”
The changes to ESMA’s Guidelines will require NCAs to further harmonise:
the way they select issuers for examination, by requiring that their selection should be based on a combination of:
a risk-based approach;
random selection; and
rotation;

the time period within which all issuers in an NCA’s jurisdiction should be examined following the peer review’s recommendation of a maximum period of 10-15 years; and
the way in which they undertake their examinations, including by requiring that a minimum proportion of examinations should cover the entire financial statement and entail interaction with the issuer.
ESMA’s amendments are intended to strengthen supervisory convergence across the EEA in the area of enforcement of financial information and prevent regulatory arbitrage and thus contribute to investor protection.
Next steps
The amendments to the Guidelines will now be translated into all the official languages of the EU, and a version of the amended Guidelines will be published on ESMA’s website in each language. The amendments to the Guidelines will become effective on 1 January 2022.
Compliments of the European Commission

Today, the United Kingdom leaves the European Union and becomes a third country. While we regret the decision of the United Kingdom to leave our Union, we fully respect this choice and are ready to move forward.
The diplomatic representation of the European Union from now on will be ensured by an EU Delegation, under my authority as High Representative of the Union for Foreign affairs and Security Policy.
I have appointed Ambassador João Vale de Almeida as Head of Delegation and I trust that he will be working tirelessly to ensure smooth cooperation between the European Union and the United Kingdom. The premises of the former Commission Representation in London will become those of the European Union Delegation. Operations start today.
In addition to the traditional responsibilities of an EU Delegation in a third country, such as EU diplomatic representation, EU coordination and reporting and promotion of the EU in the host country, the EU Delegation to the United Kingdom will have a key role in ensuring the implementation of the UK’s Withdrawal Agreement. Together with the embassies of EU Member States, it will also raise awareness on the rights of EU citizen’s in the United Kingdom after Brexit.
The United Kingdom will remain a key partner for the European Union. Our relationship is rooted in our shared values and interests that arise from geography, history and values anchored in our common European heritage.
The economic, social and political relationship between the European Union and the United Kingdom will not end. We are and will remain closely linked. Our wish is to build a new ambitious partnership across trade and economic cooperation, law enforcement and criminal justice, foreign policy, security and defence.
I look forward to what I hope will be very close cooperation with our British friends on our common challenges at the regional and global level.

Compliments of the Delegation of the European Union to the United States

The European Commission is partnering with the European Investment Fund, part of the European Investment Bank Group (EIB), to launch the BlueInvest Fund today. During the BlueInvest Day conference in Brussels, EIB Vice-President Emma Navarro and Virginijus Sinkevičius, Commissioner for Environment, Oceans and Fisheries, launched a €75 million equity investment fund for the blue economy.
The BlueInvest Fund will be managed by the European Investment Fund and will provide financing to underlying equity funds that strategically target and support the innovative blue economy. This sector can play an important role in the transformation to a carbon-neutral economy by 2050, an ambition announced in the European Green Deal. The new programme is backed by the European Fund for Strategic Investments, the financial pillar of the Investment Plan for Europe.
The blue economy includes economic activities related to oceans, seas and coasts. It ranges from companies in the marine environment to land-based businesses producing goods or services that contribute to the maritime economy. The blue economy harbours many promising early-stage ventures and companies – often emanating from EU-funded R&D programmes. These companies develop solutions for renewable energy, sustainable seafood, blue biotechnology, maritime IT and much more.
The new fund is complemented by the European Commission’s BlueInvest platform, which supports investment readiness and access to finance for early-stage businesses, SMEs and scale-ups. Through the European Maritime and Fisheries Fund, the Commission also funds an additional €40 million grant scheme, to help blue economy SMEs with developing and bringing to market new innovative and sustainable products, technologies and services.
Virginijus Sinkevičius, European Commissioner for Environment, Oceans & Fisheries, said: “Oceans are the first in line to be hit by climate change, but they also hold many solutions to tackle climate emergency in every single marine industry, from fisheries and aquaculture, to offshore wind, wave and tidal energy, blue biotechnology and many other innovation-related fields. A €75 million equity investment fund is a tool to unlock the potential the blue economy holds both in contributing to the European Green Deal and ensuring economic growth of European SMEs developing innovative and sustainable products and services.”
EIB Vice-President, Emma Navarro, responsible for the Blue Economy, said:“Oceans are vital for life on Earth. But oceans are under threat and need to be protected. This is why we are developing innovative financing solutions to support the Blue economy. Solutions that allow us to provide financing for protecting the oceans and to turn the seas into a sustainable economic resource. The BlueInvest fund that we are launching today will give an important contribution to mobilize private investments to this sector and to get critical projects off the ground. It marks another important partnership between the EIF and the European Commission. ”
EIF Chief Executive, Alain Godard, said: “The oceans provide huge potential for economic growth, but this growth needs to be sustainable. The investments in the Blue Economy sector we signed today show how public funds in the EU can be deployed to attract private investment and catalyse the development of this sector. I am delighted that we can now launch the BlueInvest fund which combined with additional private capital will help to drive Europe’s Blue Economy agenda.”
Background
BlueInvest is a European Commission initiative that aims to improve access to finance and investment readiness for start-ups, early-stage businesses and SMEs active in the Blue Economy. Its features include an online community, investment readiness assistance for companies, investor engagement, events, an academy and a projects pipeline. More information here.
The European Investment Bank (EIB) is the long-term lending institution of the European Union owned by its Member States. It makes long-term finance available for sound investment in order to contribute towards EU policy goals.
The EIF is part of the European Investment Bank Group. Its central mission is to support Europe’s micro, small and medium-sized businesses by helping them to access finance. EIF designs and develops both venture and growth capital, guarantees and microfinance instruments which specifically target this market segment. In this role, EIF fosters EU objectives in support of innovation, research and development, entrepreneurship, growth and employment.
The Investment Plan for Europe focuses on boosting investment to generate jobs and growth by making smarter use of financial resources, removing obstacles to investment, and providing visibility and technical assistance to investment projects.
Compliments of the European Commission

This is a Joint Op-Ed by the European Union’s High Representative/Vice President Josep Borrell and the European Commission’s Head of UK Task Force Michel Barnier.

On 31 January 2020, the United Kingdom left the European Union. We lost a member of our family. It was a sad moment for us, for European citizens — and, indeed, for many British citizens.
Nevertheless, we have always respected the sovereign decision of 52% of the British electorate, and we now look forward to starting a new chapter in our relations.
Emotions aside, 1 February turned out to be historic but also undramatic. This is largely thanks to the Withdrawal Agreement that we negotiated with the UK, which enabled us to secure ‘an orderly Brexit’. One that — at least for now — minimises disruption for our citizens, businesses, public administrations — as well as for our international partners.
Under this agreement, the EU and the UK agreed on a transition period, until the end of 2020 at least, during which the UK will continue to participate in the EU’s Customs Union and Single Market, and to apply EU law, even if it is no longer a Member State. During this period, the UK will also continue to abide by the international agreements of the EU, as we made clear in a note verbale to our international partners.
So, with the transition period in place, there is a degree of continuity.This was not easy given the magnitude of the task.By leaving the Union, the UK automatically, mechanically, legally, leaves hundreds of international agreements concluded by or on behalf of the Union, to the benefit of its Member States, on topics as different as trade, aviation, fisheries or civil nuclear cooperation.
We now have to build a new partnership between the EU and the UK. That work will start in a few weeks, as soon as the EU27 have approved the negotiating mandate proposed by the European Commission, setting out our terms and ambitions for achieving the closest possible partnership with a country which will remain our ally, our partner and our friend.
The EU and the UK are bound by history, by geography, culture, shared values and principles and a strong belief in rules-based multilateralism. Our future partnership will reflect these links and shared beliefs. We want to go well beyond trade and keep working together on security and defence, areas where the UK has experiences and assets that are best used as part of a common effort. In a world of big challenges and change, of turmoil and transition, we must consult each other and cooperate, bilaterally and in key regional and global fora, such as the United Nations, the World Trade Organization, NATO or the G20.
It is perhaps a cliché but the basic truth is that today’s global challenges — from climate change, to cybercrime, terrorism or inequality — require collective responses.The more the UK is able to work in lockstep with the EU and together with partners around the world, the greater our chances of addressing these challenges effectively.
At the very core of the EU project is the idea that we are stronger together; that pooling our resources and initiatives is the best way of achieving common goals.Brexit does not change this, and we will continue to take this project forward as 27.
Together, the 27 Member States will continue to form a single market of 450 million citizens and more than 20 million businesses.
Together, we remain the largest trading bloc in the world.
Together, at 27, we are still the world’s largest development aid donor.
Our partners can be sure that we will stay true to an ambitious, outward-looking agenda — be it on trade and investment, on climate action and digital, on connectivity, on security and counter-terrorism, on human rights and democracy, or on defence and foreign policy.
We will continue to live up to our commitments.We will continue to stand by the agreements that link us to our international partners. We will continue implementing the Association Agreement with Georgia and we will continue to develop multilateral cooperation frameworks around the world.
The European Union will continue to be a partner you can trust. A steadfast defender of rules-based multilateralism, working with our partners to make the world more secure and fair.

Compliments of the European Union to the United States. First published on Medium.