In 2023 the EU launched its European Economic Security Strategy, committing to performing a thorough review of the possibilities for strengthening its economic security, driven by the wide-scaled geopolitical and geo-economical changes. Building and deepening political and economic alliances with like-minded states and regions, sharing similar European values, seems to be the only viable strategy. In today’s growingly connected, digital, AI-governed world, the mutual interdependencies neither can be ignored, nor can they be framed within protectionist policies and measures. Therefore, the recent trade agreements with Mercosur, India, Canada, Australia and African Union states are right enough and must be further developed.