1 March 2021
Commenting on the Commission's review of EU trade policy, Ulrich Ackermann, Head of the Foreign Trade Department at VDMA, says:
"We welcome the fact that the EU-Commission in its new trade strategy continues to focus on free trade and the opening of markets through EU Free Trade Agreements. This creates reliable framework conditions for exports of the medium-sized mechanical engineering industry and enables the resilience of supply chains to be increased by diversifying sources of supply.
The proposed further development of instruments to protect the EU Internal Market from unfair competition is also overdue. We need an instrument to limit market distortions caused by subsidized companies from third countries. At the same time, we welcome the EU's intention to propose a new legal instrument to contain risks for European companies against the backdrop of increasing economic coercion by third countries. Finally, the EU's support for WTO reform across all its functions and regulatory cooperation is an important initiative. This will also increase the competitiveness of the engineering industry.
In addition to these positive elements, however, the communication on trade policy also contains some negative elements. The idea that EU trade policy can solve all contentious issues in international politics is wrong. EU Free Trade Agreements must not be overloaded with other policy areas, such as sustainability or environmental requirements. Because otherwise we will soon run out of partner countries that are interested in a trade agreement with the EU. India is an example of that.“
“EU trade policy must focus on market opening”
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.
 Foto: pixabayIncreasing competitiveness |
"We welcome the fact that the EU-Commission in its new trade strategy continues to focus on free trade and the opening of markets through EU Free Trade Agreements. This creates reliable framework conditions for exports of the medium-sized mechanical engineering industry and enables the resilience of supply chains to be increased by diversifying sources of supply.
The proposed further development of instruments to protect the EU Internal Market from unfair competition is also overdue. We need an instrument to limit market distortions caused by subsidized companies from third countries. At the same time, we welcome the EU's intention to propose a new legal instrument to contain risks for European companies against the backdrop of increasing economic coercion by third countries. Finally, the EU's support for WTO reform across all its functions and regulatory cooperation is an important initiative. This will also increase the competitiveness of the engineering industry.
In addition to these positive elements, however, the communication on trade policy also contains some negative elements. The idea that EU trade policy can solve all contentious issues in international politics is wrong. EU Free Trade Agreements must not be overloaded with other policy areas, such as sustainability or environmental requirements. Because otherwise we will soon run out of partner countries that are interested in a trade agreement with the EU. India is an example of that.“
More news about "intec":
5 February 2019
Intec / Z 2019: Smart machinery on stage
At Intec and Z 2019, some 1,300 exhibitors will present innovative products, sophisticated technology, and complex services in Leipzig. „In February, the trade fair combination Intec and Z will become the centre of the metal working and subcontracting industries,“ explains Markus Geisenberger, Chief Executive Officer of Leipziger Messe. (more…)13 April 2018
ProPak Asia to introduce new zone “Printech Asia”
ProPak Asia on growth course: This year, Asia's largest trade event servicing the entire food, drink, and pharma processing and packaging supply chain will add a nineth exhibition hall by introducing its new exhibition area "Printech Asia". The trade fair takes place on 13-16 June, 2018, in Bangkok. (more…)20 October 2016
Intec almost completely booked
At the metal working and processing trade fairs Intec and Z, 1,400 exhibitors are expected to present their products and services in Leipzig over an area of 70,000 square meters. (more…)13 May 2016
With the trade fair duo Intec and Z, Leipzig's Exhibition Center will once again become the central platform for the production technologies for metal processing and the key venue for the supply industry in 2017. (more…)8 September 2016
A spirit of optimism in Iran: For the first time NürnbergMesse is participating at an event in the country - at the Do-WinTech from 24 to 27 January 2017 in Tehran. (more…)
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