History & Mission
TABC Mission Statement
The organization’s mission is to (1) promote a barrier-free transatlantic market that contributes to economic growth, innovation, and security; (2) foster discussion and the exchange of ideas among business and government leaders; and (3) serve as platform for EU and US companies to jointly address trade and investment barriers in third countries.
About the TABC
The TABC is a cross-sectoral business association representing 70+ global companies headquartered in the U.S. and EU. We work with companies across multiple sectors and policy levels, including the strategic level with the TransAtlantic Business Dialogue (TABD), a program which brings together C-suite executives and high level government officials. The TABC is the main business interlocutor to both the U.S. Government and European Commission on international trade and investment issues. We stand out as the only transatlantic business organization uniquely placed to provide one voice for EU and U.S. companies in the Transatlantic Trade and Investment Partnership (TTIP).
On January 1, 2013, Trans-Atlantic Business Council (TABC) was created as the result of a merger between TransAtlantic Business Dialogue (TABD) and European-American Business Council (EABC).
The TABD was convened in 1995 by the U.S. Department of Commerce and the European Commission to serve as the official dialogue between American and European business leaders and U.S. cabinet secretaries and EU commissioners. Membership was comprised of chief executive officers or chairmen of American and European companies operating in the United States, Europe and globally.
The EABC was chartered in 1989 as the European Community Chamber of Commerce in the United States. In 1990 the EABC went public in New York and Washington as an independent business association wholly funded by its member companies. Seven years later, the ECCC was renamed the European-American Business Council. Founding Co-Chairs were Gerrit Jeelof, Chairman, Philips North America and John Bryan, Chairman, Sara Lee. Founding Members were Akzo Nobel, BASF, Bowater, BP, Enimont, Fragomen Del Ray, IBM, ICI, ING, Lazard Freres, Philips, PwC, Sara Lee, Siegel & Gale and Xerox -- 9 European and 6 American-based firms.