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Mandelson: Growing markets abroad to fuel economic growth & jobs in Europe

18 Apr '07
3 min read

The European Commission has adopted the Communication Global Europe: A Stronger Partnership to deliver Market Access for European Exporters.

This strategy for breaking down trade barriers abroad and creating new export opportunities is part of the Commission's new Global Europe trade policy framework. The centre-piece of this new approach is a new decentralised partnership between the Commission, Member States and business on the ground in third countries where local expertise makes trade barriers easier to identify and tackle.

EU Trade Commissioner Peter Mandelson said: "EU business relies on growing markets abroad to fuel economic growth and jobs at home.

We need to ensure that European companies are able to compete fairly in those markets. This renewed strategy focuses on coordinating and strengthening the work of the Commission, Member States and business where it really matters – on the ground in our key markets".

Secretary General of Business Europe Philippe de Buck, who joined Commissioner Mandelson for the launch of the new Market Access strategy, said: "Business Europe fully supports the review of the EU Market Access Strategy leading to a more effective and dynamic strategy to tackle trade and investment barriers in international markets. The new strategy must deliver results for European companies by facilitating market access in high-growth emerging countries where European companies face new and complex trade and investment barriers and distortions. If European companies are excluded from emerging markets, Europe's economic future and competitiveness is compromised."

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