The Council adopted a regulation to promote reciprocity in access to international public procurement markets.
This legislative act will enable us to introduce a new trade policy tool to ensure access and a level playing field for EU companies on third countries’ public procurement markets, thereby increasing business opportunities for these companies. Public procurement currently accounts for 15 to 20% of global GDP.
The EU’s public procurement markets are among the largest worldwide in terms of value and are broadly open to competition. But European companies do not always have equal access to procurement markets in non-EU countries, where they are often subject to discriminatory restrictive practices. Fewer than half of the world’s public procurement markets are currently open to European companies. Continue reading “International Procurement Instrument : Council gives green light to new rules promoting reciprocity”
A post-pandemic industrial strategy to ensure a strong recovery must include civil society, stresses the EESC in a newly adopted report on the draft new EU industrial strategy. It must focus on sustainability and wellbeing, measure social impacts and promote an efficient, accessible healthcare system.
The COVID-19 pandemic has exposed weaknesses in Europe’s economic landscape, notably regional inequalities, skills gaps and risks to the single market and supplies of strategic goods. In the light of these lessons, the European Commission has updated its blueprint for a greener, more digital and competitive industrial landscape, the New Industrial Strategy for Europe.
In an report on the updates, the EESC calls for all groups involved in Europe’s economy to shape its future, from trade unions, industry and SMEs to other civil society organisations and public authorities. It adds that competitiveness cannot be the only indicator of a viable long-term strategy. Indicators must also measure social inclusion, working conditions and environmental sustainability. Continue reading “A sustainable industrial strategy for the EU must be inclusive and consider social impacts to succeed”