Home / Knowledge / News / Alliance Manifesto on the EU industrial policy
Alliance Manifesto on the EU industrial policy
27
Feb '10
The Alliance for a Competitive European Industry (ACEI) has called for a new industrial partnership between the EU and its major industries.

In its Manifesto, entitled “Shifting Gears for a New Industrial Policy”, the ACEI stresses what needs to be done so that manufacturing industry can remain one of the engines of the economy. The presentation comes ahead the meeting of the ompetitiveness Council on 1-2 March on industrial policy.

Europe needs a vibrant manufacturing industry to spark the economic recovery, innovation and growth required to meet the societal and environmental challenges which lie ahead.

Manufacturing provides a fifth of EU GDP and provides three quarters of EU exports. Over 80% of the EU private sector research and development expenditures are provided by industry.
Manufacturing firms are also key clients of many services activities. Many of the services jobs in the EU would be lost without a strong industrial base.

The Manifesto presented today gives an overview of the priority actions to be taken to achieve a competitive and innovative industrial base. To achieve this, the ACEI has identified 6 priority areas:

• Partnership: EU institutions and the private sector can and must work more closely to secure the future of Europe's industrial base.
• Growth: we need to establish the right mix of fiscal, monetary and financial policies to re-invigorate economic dynamism, while ensuring that European industry comes out of the economic crisis more competitive and innovative than before.
• Balance: Europe must take a fully integrated approach to industrial policy by carefully balancing essential climate,energy and competitiveness factors.
•Innovation: growth, industrial leadership and sustainability require one key ingredient: innovation. The EU must therefore establish and all-encompassing R&D and innovation strategy for Europe.
•Markets: the EU must ensure access to world markets and to raw materials by aiming to open export markets while maintaining effective trade defence instruments.
• Skills: manufacturing industry must foster and attract new generations of highly skilled and creative workers.

“Europe's place in the world of 2025 will be radically different from that of today. The EU institutions share the European industry goal of remaining a world leader. They must work together to ensure that growth and jobs are created in Europe,” stated Teresa Presas, Chair of the Alliance and CEPI Managing Director. Philippe de Buck, Co-Chair of the Alliance and BUSINESSEUROPE Director General, added: “The EU badly needs an integrated industrial policy. We are calling on Commissioner Tajani, the Competitiveness Council and the European Parliament to tackle EU industrial policy forcefully and thoroughly. This is crucial. It will determine where our manufacturing companies invest in the jobs of tomorrow”.

European Union

Must ReadView All

Textiles | On 29th Apr 2017

Textile sector may have uniform GST rate: Irani

The textile sector could have a uniform Goods and Services Tax (GST)...

Textiles | On 30th Apr 2017

Government revamping tech mission on cotton

Indian Government is working to revamp the technology mission on...

Apparel/Garments | On 30th Apr 2017

Columbia Sportswear records Q1 net sales of $543.8 mn

Columbia Sportswear Company has announced record net sales of $543.8...

Interviews View All

Manuj Terapanthi
Texaura

Transparent supply chain and fair trade will boost sustainable market

Nuno Venda
ROQ

‘There has been an increase in demand for water based inks, rather than...

Rajiv Sirohi
Shara

‘Portugal is taking away a major share of the mill made sector.’

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
April 2017

April 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X