Originally Posted by http://www.tpnonline.org/TPN%20transatlantic%20market%20paper%20FINAL.pdf

To start this process, the 2007 U.S.-EU summit should take the following four steps:
• Agree to a target date of 2015 for completion of a Transatlantic Market between the United States and the European Union.
• Launch a sector-by-sector study of existing obstacles to creating a Transatlantic Market.
• Agree to the outline of a roadmap for removing such barriers to trade and investment by 2015.
• Set up a small U.S.-EU Transatlantic Market Implementation Group of elected and appointed officials to oversee the study and implementation of the roadmap.
In the 2007-2008 timeframe, to demonstrate renewed U.S.-EU commitment to the transatlantic project and to achieve concrete progress toward creating a Transatlantic Market by 2015, Brussels and Washington should:
• Resolve transatlantic differences over accounting standards.
• Finalize an Open Skies agreement that removes investment restrictions for European and American air carriers in the transatlantic market.
• Put in place in Brussels a regulatory impact assessment process comparable to that in Washington.