In light of the EU-US Summit on April 30, 2007, José Manuel Barroso, president of the European Commission, writes in the International Herald Tribune:
Americans invested four times as much in Belgium in 2005 as they did in China last year. Facts like this one remind us that sometimes, in periods of rapid change, it is important to hang on to the big picture. And the trans-Atlantic economy is as big as it gets. Collectively, the European Union and the United States register more than $3 trillion of commercial sales annually. Bilateral trade between the European Union and the United States accounts for 40 percent of all global trade. Fourteen million jobs are dependent on our economic links.The EU and US leaders "will sign a framework for greater trans-Atlantic economic integration which sets out a clear vision of where we want to go, adds value to existing work, and provides continuity and accountability." writes Barroso.