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International Procurement Instrument : Council gives green light to new rules promoting reciprocity

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”

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EU should crack down on breaches of the rule of law

Disbursement of EU funds, including the Recovery Fund, must be tied to respect for the rule of law in all Member States. Systematic deficiencies in the rule of law always undermine the implementation of EU-funded programmes, and the absence of a rapid and comprehensive EU response to this will jeopardise the EU’s credibility, warns the EESC

The European Economic and Social Committee (EESC) has taken a tough stance on breaches of the rule of law in the EU, declaring it is committed to ensuring that the Council of the European Union and the European Commission impose high dissuasive penalties on Member States which systematically disrespect the rule of law in a way that puts the EU budget at risk.

In the own-initiative opinion Rule of law and the recovery fund adopted at its plenary session on 20 January, the EESC welcomed the EU’s Regulation 2020/2092, which enables the Commission to impose financial penalties for systematic shortcomings in the rule of law in a given EU country, and called for the regulation to be applied strictly in all areas that are relevant to the budget. Continue reading “EU should crack down on breaches of the rule of law”

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A sustainable industrial strategy for the EU must be inclusive and consider social impacts to succeed

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”