IBM welcomes the opportunity to provide input to the EU-US Trade and Technology Council (TTC). We believe the TTC is a unique opportunity for the EU and the US to forge global technology rules based on their shared values and their commitments to open markets and fair competition. The TTC has the potential to become an agile framework that will help the transatlantic partners drive technological innovation, economic growth and job creation, generate the trust and resilience that our interconnected economy needs, as well as create solutions for the energy transition.

To that end, IBM believes the EU and the US should prioritize collaboration in research and open trade in critical technologies such as semiconductors, AI, Cloud and Quantum.

Please find attached the full list of IBM's recommendations to the TTC.

Working Group 8: Investment Screening

The U.S. and EU should seek to create a Foreign Direct Investment (FDI) Review Consultation Mechanism establishing an information-sharing process regardingnational security reviews of inbound foreign investment. This would create a shared understandingof the national security risks posed by investments from strategic rivals in emerging technology,critical infrastructure, and essential industry sectors. Such a mechanism would also allow for the parties to notify each other when a proposed transaction is or, in the view of a party, should besubject to a national security review. Lastly, it would allow parties to provide input to the revieweron how the transaction could affect their national security interests, including the impact onaffiliates of the target company in their respective jurisdictions.