European associations call for ambitious industrial strategy

Brussels - Industry4Europe has published a new “joint paper” calling for an ambitious long-term industrial strategy for the European Union.

A coalition of 149 sector associations, including the European Tyre and Rubber Manufacturers' Association (ETRMA) and the European Automotibile Manufacturers Association (ACEA), Industry4Europe aims to set the vision for the long-term future of the EU’s industrial strategy. 
 
Announced by European Commission president-elect Ursula von der Leyen 26 Nov, the paper presents industrial policy proposals in seven priority fields to “future-ready” the region.
 
The suggested priority areas include: 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.
 
The strategy, said Industry4Europe in a statement 26 Nov, must help the region remain a hub for a smart, innovative and sustainable industry, provide quality jobs and benefit all Europeans.
 
“With its skilled workforce and its global reputation for quality and sustainability, our industry is vital for Europe and its prosperity”, said Philippe Citroën, coordinator of the Industry4Europe Coalition.
 
“The European Union needs an ambitious industrial strategy now to compete with other global regions that have already put industry at the very top of their political agenda,” said Citroën, calling for a “horizonal, coherent and focused” policy in the region.
 
Industry4Europe also expressed its willingness to work with all policymakers to discuss and implement the ambitious and “much-needed” EU industrial strategy.