The EU Commission continues to focus on opening markets and free trade agreements. This creates reliable framework conditions for exports by the mechanical engineering industry. But the idea that EU trade policy can solve all contentious issues in international politics is wrong.
Below you will find an overview of the EU activities in the field of EU work assignments in the first six weeks of this year. We have also listed relevant VDMA activities.
VDMA welcomes the Trade and Cooperation Agreement between the EU and the United Kingdom, as it provides a basis for future relations with this country.
Under Joe Biden, there is finally an opportunity to achieve a more positive trade relationship between the EU and the US. Now is an opportune moment to enter into talks with the Americans on concluding transatlantic trade agreements, for example on the mutual recognition of conformity assessments.
VDMA continues to reach out to the European Commission, the European Labour Authority (ELA) and the European Parliament in the area of EU work assignments. Below you will find the most important VDMA activities in November 2020 and in the first half of December 2020.
In November 2020, VDMA commented on a public consultation of the EU Commission on the review of EU trade policy: the model of open strategic autonomy must not lead to protectionism in the field of trade.
VDMA is in favour of the EU Commission taking a closer look at subsidies from third countries, because these subsidies distort production costs in the machinery sector and influence competition in the EU internal Market.
Below you will find an overview of the most important activities of the EU institutions in the field of EU work assignments in September and October 2020, as well as the most important activities of VDMA vis-à-vis the EU institutions.
"Especially in times of increasing protectionism, the EU needs a strong trade commissioner who can successfully represent and enforce the advantages of open markets and free trade even against resistance".
The VDMA European Office and the departments of foreign trade and law took an appointment with representatives of the European Labour Authority (ELA) on 22 September 2020.
The VDMA calls on the EU Member States concerned to ratify the Comprehensive Economic and Trade Agreement (CETA) between the EU and Canada as soon as possible.
The FTA, which will enter into force on August 1, 2020, is important for the mechanical engineering sector, as it abolishes over 99 percent of all tariffs.
The EU Commission launched the platform "Re-Open EU" on 15 June 2020. The website provides relevant information in several languages, such as distance regulations and travel restrictions throughout Europe.
The EU-Commission published on 13 May 2020 a so-called tourism and transport package. One aim is to help the EU Member States in gradually lifting the travel restrictions imposed to combat the COVID-19 outbreak.
After numerous Member States have closed their national borders in recent weeks, the EU Commission is now launching an initiative to protect the Internal Market.
Niels Karssen
Niels Karssen
Trade and Legal
+32 2 7068207
+32 2 7068210