EU's New Economic Security Strategy
Update: 2025-12-03
Description
The European Commission introduces a new economic security strategy to bolster the EUs resilience against global challenges, particularly shortages of critical materials like rare earths. This initiative aims to enhance existing trade measures and establish new defenses to safeguard the EUs economy. The Commission seeks to maintain the EUs position as a global manufacturing leader, addressing concerns about falling behind in developing new technologies like advanced batteries and AI. The plan involves closer collaboration with member states and businesses, reviewing supply chains, examining investment rules, and assessing defense, space, and critical infrastructure sectors. New measures may include encouraging multiple suppliers and prioritizing EU-based companies for strategic public tenders.
The Daily News Now! — Every city. Every story. AI-powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
x
