United States and European Union have had warm relationship throughout all these years which in many ways has been mutually beneficial for both regulatory institutions. The relationship consists of many points such as trade, energy, global security, and much more. The mutual points also include mutual assistance in energy efficiency and investment in both institutions. Last meeting that took place in Lisbon, Portugal in 2010 entrenched all these points and assured cooperation between two parties.
First of all, it is important to highlight the cooperation in terms of business and education of U.S. and EU. For many years now, both institutions have been especially interested in air transport, energy, and environmental policies. Air transport policy has been long in talks but it only took effect in 2007 where both institutions agreed to reduce many restrictions of Europe and U.S. which greatly benefitted businesses. Also, energy has been a vital topic for years now which resulted in both countries agreeing to work towards more efficiency of energy usage and more. In terms of Environmental policies, both institutions have annually agreed to cooperate in preserving the environment for better future.
In addition to business policies both countries have also focused on education and research. Hundreds of students from Europe and United States apply for study abroad. This resulted in many research cooperation including biochemical research and counterterrorism.