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Communication on Commission's Approach to Industrial Policy

Commission Communication COM(2010)614 "An Integrated Industrial Policy for the Globalisation Era - Putting Competitiveness and Sustainability at Centre Stage"

The Commission communication proposes a fresh approach to industrial policy that will put the EU economy on a dynamic growth path strengthening EU competitiveness, providing growth and jobs, and enabling the transition to a low-carbon and resource-efficient economy.

This fresh approach is characterised by:

  • Bringing together a horizontal basis and sectoral application. The existing challenges require demanding adjustment efforts and ambitious transition strategies by different economic sectors. All sectors are important and the Commission will continue to apply a tailor made approach to all sectors. Where relevant, the Commission will consider appropriate measures to inform consumers and promote industrial excellence in given sectors. Coordinated, European policy responses. The division of labour across the whole globe is intensifying and the concepts of national sectors or industries with little interaction with other sectors or the rest of the world are becoming less relevant.
  • The whole value and supply chain must be considered, from access to energy and raw materials to after-sale services and the recycling of materials. And some parts of this chain are bound to be outside Europe; hence it is necessary for all industries to have a ‘globalisation reflex’.
  • The Commission will regularly report on the EU’s and Member States’ competitiveness and industrial policies and performance. As many of the relevant framework conditions for a competitive and sustainable industry are set at Member State EN 5 EN level, the monitoring should not only cover competitiveness performance but also competitiveness policies.
COM(2010)614 is available for download >>here

 

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