On 12 June 1996 Commission President Jacques Santer and Sir Leon Brittan arrived in Washington to review progress made in implementing the New Transatlantic Agenda, as well as to set new priorities for work in the second half of 1996. The aim of the New Transatlantic Agenda is to build deeper ties between the EU and the United States in four key areas of policy: promoting peace, stability and development worldwide; tackling crime, drugs, pollution and other global challenges; promoting science, education, cultural and business links across the Atlantic; and creating a "New Transatlantic Market Place". As regards responding to global challenges, the two parties are set to conclude an agreement on chemical precursors, which will help control trade in dangerous chemicals and illegal drugs. In addition, a joint Task Force on Communicable Diseases has been established, together with a work programme to identify priorities for responding to threatened outbreaks and epidemics. The EU and the USA have also agreed to coordinate their positions in advance of forthcoming conferences on pressing global concerns such as climate change. Both parties have successfully undertaken a joint initiative in the OECD to cut permitted levels of lead in fuel. In the field of research and development, significant progress has been made during the last six months in promoting joint research and academic exchanges and paving the way for a formal science and technology agreement between the two parties. The Commission expects shortly to receive the go-ahead from EU Ministers to start negotiating this agreement. In addition, both sides are now implementing the recently concluded Agreement on Higher Education and Vocational Training. This will eventually link up well over 50 training and educational institutions with the aim of promoting joint research, academic exchanges and cooperation over curriculae. In the area of economic cooperation, the Transatlantic Business Dialogue (TABD), which provides a forum for CEOs from both sides to get together with the Commission and the US Administration to discuss transatlantic economic issues, has further developed the proposals made at its November 1995 Seville Conference. It has submitted a progress report on these proposals to the present EU-US Summit. Many of these recommendations are already being implemented and work on several issues like the Mutual Recognition Agreement, regulatory cooperation and the proposed Information Technology Agreement has been given new momentum by being determined as TABD priorities.