The Hon. László Kovács, Commissioner for Taxation and Customs Union, and Robert Verrue, Director General for Taxation and Customs Union at the European Commission, reviewed current initiatives in supply chain security, the effects on international trade and the prospects for transatlantic cooperation. The bill proposed by the U.S. Congress requiring the scanning of 100% of containers entering U.S. ports became the focus of the discussion. Referring to the technical difficulty of this task, its negative impact on commerce, as well as on transatlantic relations, participants concurred that 100% scanning was neither practical nor cost-efficient given the available technology and the volume of shipments to the U.S. Commissioner Kovacs concluded that mutual recognition and bilateral cooperation is needed in addressing these critical security issues. The involvement of the private sector was also a key to developing a sound container security agreement. Participants included Mandy Bowers, Professional Staff Member, Committee on Homeland Security, U.S. House of Representatives; and Peter Verga, Principal Deputy, Homeland Defense, Office of the Under Secretary of Defense for Policy at the U.S. Department of Defense, who offered the U.S. perspective. Evelyn Suarez, a partner at the law firm of Williams Mullen moderated the meeting.