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The EESC believes that the proposal is focused on the practical steps necessary to address real consequences for the vehicle manufacturing and distribution industry and consumers as a result of unavoidable legal changes in the certification of type-approval issues by UK authorities on the basis of EU laws. It should therefore act as a template for many other similar agreements.
In the framework of this opinion a hearing (Agricultural machinery and construction and handling equipment: what is the best way out of the crisis?) was organized in Bologna, Italy, on 11 November 2010.
The EESC welcomes the proposal that follows feedback received by stakeholders and Member States in the first implementation period.
The European engineering industry (EI) plays a vital role in the economic recovery of Europe and the ambitious goal to increase the industrial output by 2020 to more than 20% of the GDP. However, more investment of companies is necessary to generate such growth, to reverse the current trend and to get people out of unemployment.
The European Commission under the European Strategy 2020 has established a goal to raise the industry contribution to GDP from 15.6% (2011) to 20% by 2020. The Industrial Policy Communication updated of October 2012 outlines a strategy to reverse the declining role of industry announcing actions in four main areas: Investment in new technologies and innovation; Access to Markets; Access to Finance and Human capital and skills.
The Food and drink Industry is the largest manufacturing sector in the EU economy employing directly 4.25 million workers in the EU. It is a non-cyclical and resilient pillar with a strong presence in all member states. It processes 70% of EU agriculture produce and provides safe, quality and nutritious food to the benefit of European consumers, besides being the largest global exporter of food and drink products. The sector generates 7% of EU GDP and should be an important contributor to achieve the EU target set in the 2020 strategy of achieving the necessary expansion of the manufacturing sector that will make it a contributor of 20% of European GDP.