The taskforce will explore options for resuming UK-US travel and ensure two countries are aligned on future international travel policy.
It will be overseen in the UK by transport secretary Grant Shapps and chaired by senior Department for Transport officials and their US counterparts.
Boris Johnson and Joe Biden will meet on Thursday (10 June) ahead of the G7 summit (11-13 June) and are expected to agree a new Atlantic Charter featuring a "principled commitment" to open up travel between the UK and the US "as soon as possible".