Summary
The position paper by 爱游戏中国官方网站 highlights the significance of the EU's trade policy in supporting the European chemical industry's global competitiveness. The industry, being highly globalised, relies heavily on open and fair trade, benefiting significantly from the WTO's rules-based system. However, there is concern over the failure to liberalise trade further, necessitating reform and efficient bilateral deals, especially with major partners like the US and the UK. Given shifting global production dynamics and increasing competition, 爱游戏中国官方网站 advocates for non-protectionist industrial strategies to ensure competitiveness, support sustainable transitions, and maintain open access to essential raw materials and markets.
Key Takeaways:
- Open and Fair Trade: The EU must avoid protectionism, support WTO reform, and pursue bilateral trade liberalisation to safeguard the chemical industry’s competitiveness.
- Strategic Autonomy: Diversifying supply chains and maintaining technology-neutral trade policies are crucial for achieving strategic autonomy while ensuring access to raw materials and energy.
- Regulatory Cooperation: Enhancing regulatory cooperation and promoting global standards, particularly in sustainability and new technologies, can support both EU resilience and broader economic recovery.
