The Industry4Europe coalition, comprising 149 sector Associations has published a new Joint Paper – ‘A long-term strategy for Europe’s industrial future: from words to action’, which highlights some cross-sectoral recommendations that contribute to the future EU industrial strategy announced by European Commission President-Elect Ursula von der Leyen.
Industry4Europe presents industrial policy proposals in seven priority fields bringing a concrete input for EU’s ambitious industrial strategy which will successfully compete with other global regions such as China, India and the USA, that have already put industry at the very top of their political agenda. “It is essential for a horizonal, coherent and focused industrial policy to support the backbone of the European economy and which protects citizens and the global environment,” said Philippe Citroën, Coordinator of the Industry4Europe Coalition.
Business-friendly policy environment, sustainability at business core, upgraded skills and training, enhanced research and innovation, investment and improved access to finance, reinforcement of the European Single Market and strengthened trade and international market access are the seven priority fields that the Industry4Europe promotes in its joint paper.
“At a key time where the EU is discussing the next Multiannual Financial Framework, we are ready, more than ever, to step up our cooperation with the European institutions to discuss and implement an am-bitious EU industrial strategy that will help Europe remain a hub for a leading, smart, innovative and sustainable industry, that provides quality jobs and benefits all Europeans and future generations,” Industry4Europe says in the joint paper.
In July 2019, Commission President Ursula von der Leyen stated, in her Political Guidelines of the next European Commission 2019-2024, that “I will put forward my plan for a future-ready economy, our new industrial strategy”. She has also confirmed the preparation by the Commission of a “comprehensive long-term strategy for Europe’s industrial future” that shall “cover all aspects that affect industry and its competitiveness, from investment and public procurement to trade, skills, innovation and supporting small and medium-sized businesses (SMEs)”.