Call for European Reindustrialisation Policy

Summary

The European Parliament calls for a robust reindustrialisation policy to protect strategic industries and workers from unfair global competition.
10 05.10.2016
Other
trade
economy
transport
environment
social policy
administrative reform
public administration
business and competition
public finance and budget policy
employment and working conditions

Key points

  • The resolution expresses solidarity with workers affected by recent industrial closures and restructuring in the machinery and rail sectors.
  • A long-term European industrial strategy is needed to achieve a target where industry accounts for 20% of the EU's gross domestic product.
  • Trade policy must be aligned with industrial goals to prevent unfair competition from countries that provide heavy state support to their industries.
  • The EU should use public procurement and eco-labelling to support sustainable products and innovative services.
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