In a context of increasing weaponisation of interdependence – highlighted by the pandemic and Russia’s invasion of Ukraine – Europeans must actively reduce their critical dependencies. The objective of strategic autonomy for the EU is becoming pressing to prevent supply disruptions and ensure the resilience of value chains. While strengthening European production capacities for certain essential goods, this objective of strategic autonomy calls for a shift of European trade policy, which should now be leveraged to secure access to essential inputs when foreign markets are closed.
A major turning point has already been reached with the new European level playing field agenda, which is progressively equipping the EU with autonomous defence tools to protect the interests of its businesses. But EU member states are slow to agree on the challenge posed by China, the level of dependence on the Chinese market they are prepared to accept, and the role the EU should play in the context of the US-China decoupling.
They also need to bridge the gap between the political rhetoric of reducing European strategic dependencies and the decisions of private companies that have no mandate to secure European supply. Supporting companies’ efforts to diversify their supply calls for the EU notably to coordinate more closely with companies to increase collective intelligence on strategic dependencies. It also calls for the EU to promote European standards more actively, to initiate new bilateral negotiations for access to strategic raw materials, and to support an international effort to limit export restrictions.
En Europe, le marché unique fête ses 30 ans, entre satisfaction et désillusion
by Le Monde 01/02/2023
'In Europe, the single market celebrates its 30th anniversary, between satisfaction and disillusionment' Le Monde article with an intervention by László Andor, FEPS Secretary General
Personalidades de Portugal e Brasil defendem parceria estratégica para o clima entre UE e Brasil
by Visão 12/01/2023
'Personalities from Portugal and Brazil defend EU-Brazil strategic partnership on climate' Visão's article about the manifesto signed by 50 personalities from Portugal and Brazil, including FEPS President Maria João Rodrigues, in support of Lula’s environmental policy
UE e Mercosul: manifesto quer tornar o “clima estável” um bem da humanidade com força legal
by Público 12/01/2023
Público's article about the manifesto signed by 50 personalities from Portugal and Brazil, including FEPS President Maria João Rodrigues, in support of Lula’s environmental policy
Luso-Brazilian manifesto wants to give international impetus to Lula’s environmental policy
by News Bulletin 09/01/2023
Manifesto signed by 50 personalities from Portugal and Brazil, including FEPS President Maria João Rodrigues, in support of Lula’s environmental policy
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