In its opinion, the EESC supports the European Commission's proposal, given its major socio-economic importance for the region. The maintaining of the suspension of customs duties on imports of industrial products, as well as the extension of the product categories it covers, is considered to be beneficial for the Canary Islands' economy, which has suffered particular economic damage in comparison with other EU regions due to the COVID-19 pandemic, especially in relation to domestic GDP volume.
The future of the European automotive industry will be green and digital and green means carbon neutral and circular as clearly stated in the European Green Deal Communication. The Green Deal is the political compass of the European Union Industrial policy for the coming decades even though the number of challenges ahead is huge.
In its opinion, the EESC focusses on the revision of the Consumer Credit Directive which has some shortcomings: a certain number of important obstacles are due to the application, implementation and enforcement of the Directive as well as wider market developments not foreseen at the time it was drawn up in 2008.