EU Industrial Policy Strategy

Summary

The motion calls for a new, ambitious EU industrial strategy focused on reindustrialization, digitalization, and sustainability to boost competitiveness and jobs.
10 05.07.2017
Other
trade
woman
economy
industry
environment
business and competition
employment and working conditions
research and intellectual property
information technology and data processing

Key points

  • The motion emphasizes industry's role as a primary driver for growth, employment, and innovation in Europe.
  • The EU aims to ensure that industry contributes at least 20% to the Union's total GDP.
  • The Commission is called upon to present a comprehensive industrial strategy and action plan by early 2018.
  • Small and medium-sized enterprises (SMEs) should be supported through reduced administrative burdens and a business-friendly environment.
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