1. We, the leaders of the European Union and the United States, met today at the White House to affirm our close partnership. Drawing upon our shared values and experience, and recognizing our deep interdependence, we are committed to ensuring that our partnership brings greater prosperity and security to our 800 million citizens, and to working together to address global challenges.

2. Since our meeting in Lisbon last November, the global economy has entered a new and difficult phase. We are committed to working together to reinvigorate economic growth, create jobs, and ensure financial stability. We will do so by taking actions that address near-term growth concerns, as well as fiscal and financial vulnerabilities, and that strengthen the foundations of long-lasting and balanced growth. In that regard, the United States welcomes the EU’s actions and determination to take all necessary steps to ensure the euro area’s financial stability and resolve the crisis. The EU looks forward to U.S. action on medium term fiscal consolidation. We agree on the importance of working together with emerging economies to foster policies supporting sustained and balanced global growth. We recall our commitment to implement fully the outcome of the G20 Cannes Summit.

3. We recall our G20 commitment to support the multilateral trading system and resist protectionism. We stand by the Doha Development Agenda mandate and recognize the progress achieved so far, but note that in order to contribute to confidence we must pursue fresh, credible approaches in 2012 to advance the negotiations and pursue new opportunities and challenges. We look forward to the upcoming Ministerial meeting in Geneva, which provides an important opportunity to work on such approaches.

4. We applaud the success of the Transatlantic Economic Council (TEC) on a wide range of issues and welcome the progress achieved in secure trade and supply chain security, electric vehicles and related infrastructure, regulatory practices, small and medium-sized enterprises, and in the Information Communications Technology (ICT) sector. We encourage the TEC’s continued leadership in helping us avoid unnecessary divergence in regulations and standards that adversely affects trade. We urge the TEC, together with our regulators and standard-setters to step up co-operation in key sectors such as nanotechnology and raw materials to develop compatible approaches to emerging technologies. We also instruct the TEC to pursue its work on strategic economic questions, not least in the field of investment, innovation policy, and the protection of intellectual property rights to level the playing field for our companies in third countries, in particular emerging economies.

5. We must intensify our efforts to realize the untapped potential of transatlantic economic co-operation to generate new opportunities for jobs and growth, particularly in emerging sectors. We are committed to making the EU-U.S. trade and investment relationship – already the largest and most integrated in the world – stronger. To that end, we have directed the TEC to establish a joint High Level Working Group on Jobs and Growth, co-chaired by the European Commissioner for Trade and the U.S. Trade Representative. We ask the Working Group to identify and assess options for strengthening the EU-U.S. economic relationship, especially those that have the highest potential to support jobs and growth. The Working Group is to report its recommendations and conclusions to Leaders by the end of 2012, with an interim report in June 2012 on the status of this work.

6. We recognize the vital role of the EU-U.S. Energy Council in fostering co-operation on energy security, renewables and other clean energy technologies, energy efficiency, and effective policies for facilitating trade and bringing clean energy technologies to market. We affirm the value of common approaches toward safe and sustainable development of energy resources and the diversification of supplies. We also call for reinforced bilateral and multilateral co-operation with a special focus on critical materials, smart grid technologies, hydrogen and fuel cell technologies, and nuclear fusion.

7. On climate change, we affirm our intent to work closely together to ensure a positive, balanced outcome in Durban, including mitigation, transparency and financing. We stand fully behind the commitments we made last year in Cancun. We affirm that Durban should deliver on operationalising the Cancun agreements and helping the international community move a step further towards a comprehensive, global framework with the participation of all, including robust and transparent greenhouse gas emissions reduction commitments by all major economies, recalling the 2°C objective agreed upon in Cancun. With this in mind, we will co-operate closely in other relevant fora, notably the Major Economies Forum. We also intend to work together to address other global sources of emissions, including from the aviation and maritime sectors, in the appropriate multilateral forums and consistent with applicable agreements.

8. As the leading donors of development assistance, we reaffirm our commitment to aid effectiveness, recognizing that our joint efforts to advance division of labour, transparency, country ownership, and accountability will enhance the impact of our assistance. We are co-ordinating our preparations for the 4th High Level Forum on Aid Effectiveness, and will continue to work closely to strengthen partnerships among all development stakeholders, accelerate progress toward the Millennium Development Goals, and address the challenges encountered in fragile states. In 2012, we have committed to make information on foreign assistance programmes more accessible and compatible with international standards, and will encourage the OECD DAC to become an international hub for aid transparency. We request the EU-U.S. Development Dialogue to pursue with vigour our joint efforts in areas such as food security, climate change, health and the MDGs. We agreed on the importance of close co-operation on security and development in the Sahel, the Horn of Africa and Afghanistan.

9. The events in Egypt, Tunisia, and Libya over the past year offer an historic opportunity for successful democratic reform in the Arab world, inclusive economic and social development, and regional integration. The unfolding democratic process in Tunisia is an encouraging example of the potential for democratic transition. Egypt today has just begun a complex election process as the Supreme Command of the Armed Forces begins to transfer authority over civilian functions to a new government. Still, considerable challenges lie ahead. As the two largest providers of foreign assistance to the region who share core principles and values that have helped our own societies and economies to integrate, we pledge to support the democratic transitions underway, as well as broader political and economic reform in the region, including the constitutional reforms in Jordan and Morocco. In Libya we are working together on short term assistance and needs assessments, and will continue to seek new opportunities for greater co-operation, in co-ordination with the Transitional National Council and the UN, to meet the needs of the Libyan people.

10. Jointly, and through the Deauville Partnership effort, we intend to promote democracy, peace, and prosperity, and to increase economic growth and integration in the Middle East and North Africa. We are committed to collaborate closely in areas such as support for democratic transitions, strengthening the positive role of civil society, and health and education programming. We also extend our support to making women’s rights a legal and practical reality in the region. We share a strong interest in economic reform and will also jointly promote best practices that support trade, investment, and job creation and deepen intra-regional trade and integration. We are both eager to increase our trade and investment links with the region. We plan to work in partnership with international financial institutions to ensure robust donor co-ordination, and in particular to ratify quickly necessary changes to the agreement establishing the European Bank for Reconstruction and Development to allow lending in the region.

11. We call on the Syrian government to end violence immediately, permit the immediate entry of human rights observers and international journalists, and allow for a peaceful and democratic transition. We also welcome the agreement for political transition in Yemen and call on all political actors to help implement it in good faith, and in accordance with UNSCR 2014.

12. We reaffirm the Quartet Statement adopted in New York on 23 September 2011 that provides a framework for direct negotiations between Israel and the Palestinians, and we call on the two parties to engage actively in this effort.

13. On Iran, we share deep concern about activities relating to the possible military dimensions of Iran’s nuclear programme, as highlighted in the latest International Atomic Energy Agency (IAEA) Director General’s report and the November 18 Board of Governors’ resolution. We stress our determination to ensure that Iran complies with its obligations, including abiding by United Nations Security Council resolutions, and to co-operate fully with the IAEA to address the international community’s serious concerns over the nature of its nuclear programme. We reaffirm our commitment to work toward a diplomatic solution, implement UN Security Council Resolution 1929 (2010) and other relevant Security Council Resolutions, and consider additional measures given Iran’s continued failure to abide by its international obligations. We also note the recent plot to assassinate the Saudi Ambassador to the United States, the sanctions we have imposed thereafter on five individuals including the head of the Qods Force, and our determination to ensure the perpetrators and their accomplices are held to account.

14. With regard to the EU’s Eastern neighbours, we are working together to support democracy, resolve protracted conflicts, foster economic modernisation, and advance their political association and economic integration with the EU, recognizing in this regard the importance of the EU’s Eastern Partnership. We insist that the Government of Belarus immediately release and rehabilitate its political prisoners, and make progress towards respect for the principles of democracy, the rule of law, and human rights; and call on the Government of Ukraine to make good on commitments to uphold democratic values and the rule of law, notably to ensure a fair, transparent and impartial process in trials related to members of the former Government including any appeal in the case of Ms Tymoshenko. The right of appeal should not be compromised by imposing limitations on the defendants’ ability to stand in future elections in Ukraine, including the parliamentary elections scheduled for next year.

15. We pledge to continue our close co-operation in the western Balkans and reaffirm our commitment to preserve stability and to support the reforms needed to move the region forward on its path to Euro-Atlantic integration.

16. The EU and the United States have a strategic interest in enhancing co-operation on political, economic, security, and human rights issues in the Asia-Pacific region to advance peace, stability and prosperity. We intend to increase our dialogue on Asia-Pacific issues and co-ordinate activities to demonstrate an enduring, high-level commitment to the region and encourage regional integration, including through the region’s multilateral organizations.

17. We note our continued efforts in Afghanistan and Pakistan, with particular attention to plans for the December 5 Bonn Conference on Afghanistan and the international community’s long-term commitment to support sustainable security and economic development in Afghanistan, based on effective and accountable institutions of governance and sustainable assistance levels, after the planned drawdown of international military forces. We support economic development and wider reforms in Pakistan and note Pakistan’s important role and ongoing commitment to combating terrorism and achieving peace and stability in Afghanistan and South Asia.

18. We note the considerable progress made since our last meeting in Lisbon on our commitments on a wide range of transnational security issues that affect our citizens. We welcome the successful completion of negotiations on a new Passenger Name Record agreement, and look forward to its early adoption and ratification. We are determined to finalize negotiations on a comprehensive EU-U.S. data privacy and protection agreement that provides a high level of privacy protection for all individuals and thereby facilitates the exchange of data needed to fight crime and terrorism. We reaffirm our desire to complete secure visa-free travel arrangements between the US and all Member States of the EU as soon as possible and consistent with applicable, domestic legislation. We look forward to a positive outcome for Administration-supported legislation that would refine the criteria for the Visa Waiver Program.

19. We encourage continued efforts to extend our partnership on counter-terrorism co-operation, both bilaterally and multilaterally, including through the UN. We applaud the establishment of the Global Counter-Terrorism Forum, and our co-operation to combat terrorist financing. We strongly support continuation of our joint efforts to empower diaspora communities to counter violent extremism.

20. To strengthen our collaboration on conflict prevention and crisis response, already ongoing in many theatres, the EU and U.S. signed a framework agreement in May 2011 that facilitates U.S. civilian participation in EU crisis management missions. As the trans-Atlantic community faces the challenges of crisis management in an era of fiscal austerity, we encourage further work to strengthen the EU-NATO strategic partnership in crisis management, including on capabilities development, ahead of the 2012 NATO Summit, in the spirit of mutual reinforcement, inclusiveness, and decision-making autonomy.

21. We reaffirm the commitments enshrined in the joint declaration on non-proliferation and disarmament we adopted in 2009 and the joint statement on UNSCR 1540 in 2011. We support the conclusions and recommendations of the May 2010 Non-Proliferation Treaty Review Conference, including the Action Plan and proposed 2012 Middle East conference. We are determined to promote the IAEA’s safeguards, Additional Protocol, and the highest standards of safety and security for peaceful uses of nuclear energy, the Nuclear Security Summit objectives, a successful Biological Weapons Convention Review Conference, and the convening of a Diplomatic Conference on the Arms Trade Treaty in 2012.

22. We share a commitment to a single, global Internet, and will resist unilateral efforts to weaken the security, reliability, or independence of its operations — recognizing that respect for fundamental freedoms online, and joint efforts to strengthen security, are mutually reinforcing. We welcome the progress made by the EU-U.S. Working Group on Cyber-security and Cyber-crime, notably the successful Cyber Atlantic 2011 exercise. We endorse its ambitious goals for 2012, including combating online sexual abuse of children; enhancing the security of domain names and Internet Protocol addresses; promotion of international ratification, including by all EU Member States, of the Budapest Convention on Cybercrime ideally by year’s end; establishing appropriate information exchange mechanisms to jointly engage with the private sector; and confronting the unfair market access barriers that European and U.S. technology companies face abroad.

23. Our meeting today is proof that a strong EU-U.S. partnership is crucial to building a more secure, democratic, and prosperous world. We know that our ability to respond to and overcome the global challenges we face is increased by the degree to which we can act in close co-ordination and co-operation. We will continue to seek every opportunity to increase our co-operation.