The United States and the European Union announced their support for a redesigned Transatlantic Business Dialogue during their annual summit meeting June 24 despite the fact that businesses had yet to reorganize the dialogue as European officials had asked them to two months ago.
U.S. Undersecretary of Commerce Grant Aldonas said the fact that no chairmen were named for either the U.S. or EU business sides was not unexpected and did not mean that businesses were not working hard for the TABD. "This was really part of the design," Aldonas said during a June 24 press briefing.