During his State of the Union address to Congress on February 13, President Barack Obama endorsed a free trade agreement with the European Union. Such an agreement has been a US Chamber priority for the past two years, and is viewed by many economic experts as a fundamental and long-term way to generate economic growth both in Europe and in the USA. Earlier this week, a high-level working group of government and business officials from both sides of the Atlantic issued its final report on the content and shape of such an agreement. AmChams across Europe will be advocating national governments to support this initiative as way to sustain economic recovery and stir more innovation in what is already the largest trading relationship in history.