Transatlantic news brought to you by EACC Florida
Volume 14 | July 2021
logo
Where Europeans & Americans Connect to do Business
July 2021 NEWSLETTER
A Message from the President
EACCFL President´s Message - July 2021
Alan Sutin, President EACC Florida
In-person meetings are resuming. International travel is still complicated. You need transatlantic business contacts & connections.
Join EACC Florida NOW !
BECOME A MEMBER OF OUR NETWORK

EACC is a Connector
We open doors for our members across our chapter network on both sides of the Atlantic and we keep you informed on the relevant issues affecting your business.

Members of the EACC network enjoy:
 ♦ Access to our network of high-level business executives & our unique referral service
 ♦ Invitations to exclusive seminars & a direct exchange with transatlantic experts
 ♦ Visibility for your organization & opportunities to showcase your thought-leadership
 ♦ The ability to make a difference & actively engage in the Trans-Atlantic business dialogue
What You Missed in June
June 1- A Review of Trade & Economic Relations 6 Months into 2021, a new U.S. Administration & Brexit

June 10 - The Effects of a Wandering Workforce on Taxation of Corporations and their Employees

June 16 - The Power Of Transatlantic Cooperation: How EU & US Innovators Joined Forces In The Fight Against The Pandemic

June 24 - Is the End in Sight? 17 Years of the Airbus-Boeing Dispute

June 29 - Post-COVID Recovery Programs: The US and the EU Strategies to Jump Start their Economies and Make Them Fit for the Future

June 30 - Expanding Operations into New Territories: Has the Recipe for Success Changed in a Post-Covid World?
EACC FLORIDA PODCASTS
"Deep Dives" in Partnership with Miami Global Net
Deep Dive 2
Data Protection
What is it? How does it work? Why is it important? What are the differences between Europe and the US? What about Latin America? What are the key issues affecting transatlantic business?
Featuring David Zetoony from Greenberg Traurig.
Deep Dive 1
Brexit 101
What is it? What is going to happen? What will the impact be? Why is it important for the US? Will it have an impact in Florida and/or Latin America?
Featuring Brad Ashton and Simon Hart from RSM.
EACC Florida
Miami Global Net Host Alejandro Servalli interviews the EACC Florida. How did the chamber start? What are its networking capabilities? Which services does it provide to members? How can you join and get involved?
Featuring EACC Florida President Alan Sutin and Executive Director Christina Sleszynska.
TRANSATLANTIC NEWS
EU-US Summit of June 15 - Key Results. The EU-US summit on 15 June 2021 marked the beginning of a renewed transatlantic partnership and set a joint agenda for EU-US cooperation in the post-pandemic era. Read more.

EU-US I Decisive Step to End Airbus-Boeing Dispute. The EU and US reached an understanding relating to large civil aircraft, transforming almost 17 years of disputes into a forward-looking, collaborative platform to address bilateral issues as well as global challenges. Read more.

EU I FAQs about the EU Regulation on FDIs into the EU. The Regulation on Foreign Direct Investment into the EU entered into force in April 2019 and started applying to transactions in October 2020. While a report is due in the Fall, find some of the answers to your questions here.

EU I Commission Proposes a Joint Cyber Unit to Step up Response to Large-Scale Security Incidents. The unit will aim at bringing together resources and expertise available to the EU and its Member States to effectively prevent, deter and respond to mass cyber incidents and crises. Read more.

EU I Data protection in the UK. The European Commission adopted two pieces of legislation that will allow personal data to flow freely from the EU to the UK where it will benefit from an essentially equivalent level of protection to that guaranteed under EU law. Read more.

EU I New VAT Rules for E-Commerce. New VAT rules entered into force on July 1st affecting online sellers and marketplaces/platforms inside and outside the EU, postal operators and couriers, customs and tax administrations, as well as consumers. Read more.
US I Administration Announces Task Force to Address Short-Term Supply Chain Discontinuities. The review outlines key findings and immediate actions the Administration will take to strengthen American supply chains. It will combat unfair trade practices while convening a global forum on supply chain resilience that will bring together key government officials and private sector stakeholders from across key U.S. allies and partners. Read more.

G7 Finance Ministers Agree to Historic Global Tax Agreement. Following years of discussions, finance ministers agreed to reforms which will see multinationals pay their fair share of tax in the countries they do business in. They also agreed to the principle of a global minimum rate that ensures multinationals pay tax of at least 15% in each country they operate in. Read more.

OECD I Report on Artificial Intelligence. This first report on the state of implementation of the policy recommendations to governments on AI provides findings, identifies good practices, and examines emerging trends in AI policy across OECD Member countries. A report to help identify different AI systems will come out in the fall. Read more.

ECB I International Role of Euro Remains Stable. The ECB's Annual Review found that the Euro remains unchallenged as second most widely used currency globally after the US dollar, that the international role of the euro is broadly stable after the pandemic shock and that the Euro plays large role in international green bond markets. Read more.






EACC Florida
MEMBER and PARTNER INSIGHTS
New Florida Trade Secrets Law. The Combating Corporate Espionage in Florida Act, is billed as a new tool that will help prosecutors fight foreign governments and their agents who steal trade secrets. There is a concern however that the new Florida trade secrets law that aims to target China and other foreign agents looking to steal intellectual property, casts too wide a net and could catch employees in run-of-the-mill trade secrets disputes. Read more.

Compliments Cozen O'Connor

Global Business Complexity Index 2021: Get Insight on the Global and Local Trends Impacting the Ease of Doing Business Around the World. Managing cross-border operations, or expanding into new jurisdictions, can pose many challenges for businesses. The new report from TMF Group brings clarity to the complexities of corporate compliance, wherever you operate. Read more

Compliments TMF Group

Re-Mobilizing the Global Workforce — the EU & U.S. Perspectives. This article discusses the COVID-19 impact on mobility in the European Union and the United States, with a specific focus on evolving travel restrictions and bans, as well as what the near future may have in store for mobility. Read more.

Compliments Greenberg Traurig

Central Bank Digital Currencies Explained. This form of digital money could replace cash and transform the banking system globally within a generation. The benefits could include increased growth and reduced poverty in the emerging world – and even tastier drinks in your local coffee shop. Read more.

Compliments HSBC

Staffing for Solar Hypergrowth: The Clean Energy Workforce Challenge. Hear from clean experts from across the globe on how the industry will create the nearly 1 million-person workforce needed for a 100% renewable energy future. Listen here.

Compliments Origis Energy
YOUNG VOICES FROM THE FUTURE
Every month, the EACC Florida Newsletter features a young person - a student, an artist, an entrepreneur - whose identity, vision or project illustrates the vibrancy of Florida's transatlantic community. If you would like to suggest someone, please contact us HERE. And if you missed one of our Young Voices from the Future, you can find them HERE.
Venus Heidt Worjloh
Bridging continents and cultures

"I established a unique identity from a very young age, aware that my experiences and perspective would always set me apart.”
Venus is a German citizen. Her father is from Liberia, her mother from Germany. Her parents met in Asia and returned to Kehl, where she was born. Kehl is a small city in Southwest Germany connected to Strasbourg (France) by the Europabrücke (Europe Bridge). Her parents moved back and forth between Germany and the United States and permanently settled in Miami when she was 8. Venus is now 16. She has a younger brother, is fluent in English and German and regularly returns to Germany to visit her family. She is a Sophomore in the IB Program at Miami Beach Senior High-School and a National Youth Champion in “race-walking”. She came in 3rd in 2019 and 1st at the 2021 Youth National Championship making her a Gold Medalist. She plans to study International Relations when she graduates.
From a very young age, Venus was exposed to the differences and disparities between two very different countries, Germany, her homeland, and the United States. She faced the reality of being a colored girl in a predominantly white Germany and that of being an immigrant in the US, having to re-learn the language, re-adjust to very different educational systems, social settings and cultural norms after each move. Her unique background and exposure to what it means to be a vulnerable immigrant in both countries changed her outlook on life and forged her determination to have an impact across the globe, changing lives through diplomacy and applying her understanding of the world to greater global matters.
Venus is a leader in nearly everything dear to her, such as founding and leading Elevate M.I.A., being Student Council Vice President, being President of Amnesty International Club, leading teams throughout the southern states to increase voter participation as part of the "When We All Vote" organization, becoming a National Track and Field Champion, and being President of Future Business Leaders of America (FBLA).
THE EACC NETWORK
EACC Paris | EACC Lyon | EACC Netherlands | EACC New York | EACC Cincinnati
EACC Texas | EACC Carolinas | EACC Brussels | EACC Florida

Together with its sister chapters, EACC Florida is part of a growing and highly dynamic transatlantic network reaching over 10,000 executives in the US and across Europe. With over 750 members, the EACC is a valuable resource for any size business. If you would like to get involved, let us know. 
EACC Florida
Founding Members / Presidents Circle
Twitter ‌ LinkedIn ‌ YouTube ‌