On December 17, 2012, The European Institute held its Annual Ambassadors' Dinner honoring The Honorable Robert Hormats, U.S. Under Secretary of State for Economic Growth, Energy and the Environment. Under Secretary Hormats highlighted key opportunities for greater U.S.-EU economic cooperation in the coming year, including the prospects and challenges of reaching a comprehensive trade agreement. The event was co-hosted by the 36 European Ambassadors of the Ambassadorial Host Committee.