The EESC is currently drafting an opinion that aims to define what "the sustainable economy we need" should look like by exploring new economic models, investment decisions vis-à-vis technological advances as well as novel indicators for growth and competitiveness.
When it comes to development and EU-Africa relations, the EESC consistently emphasised the importance of sustainable development and cooperation based on the rule of law and the respect for human rights. Initiatives focused on trade, investment and business relations with Africa could be welcomed, but not to the detriment of traditional development policies focusing on reaching the Sustainable Development Goals (SDGs). EU and Africa leaders agreed in 2015 at the Valletta summit on migration on setting up the EU Trust Fund for Africa (EUTF), as the main instrument of EU external migration policy. The Fund finances the development of border protection capacities, but also long-term development policy projects so as to decrease the likelihood of further migration.
Taxation policies are fundamental for the SDGs as they determine the economic environment in which investment, employment, and innovation take place while providing the government with revenues for financing public spending. Businesses are global drivers of productivity, inclusive economic growth, job creation, investment and innovation. Private sector expertise holds the keys to unlocking many of the challenges linked to sustainable development. Tax bases should be as broad as possible allowing tax rates to be as non-distortive as possible.
The INT section is currently preparing an opinion on the Commission's Communication "Building Trust in Human-Centric Artificial Intelligence" COM(2019)168. The Commission considers that in order to achieve ‘trustworthy AI’, three components are necessary: (1) it should comply with the law, (2) it should fulfil ethical principles and (3) it should be robust. Based on these three components and the European values, the guidelines identify seven key requirements that AI applications should respect to be considered trustworthy. The guidelines also include an assessment list to help check whether these requirements are fulfilled. The CCMI previous experience on the automotive sector is a solid asset to produce a supplementary opinion on this particular Automotive Sector.
Against a background of rising poverty levels during the crisis, levels that remain high in many Member States, in particular among the unemployed, this own-initiative opinion would address the huge differences in levels of protection under national unemployment insurance systems within the EU.
Possible standards in this respect could be:
- a minimum standard for the net replacement rate of unemployment benefits;
- a minimum standard of coverage ratio of unemployed people receiving unemployment payments;
- a minimum standard for the duration of unemployment benefit entitlement;
- a right to (re)qualification and training
With the objective of promoting upward social convergence within the EU, the proposal for such standards is a concrete step towards effective implementation of the European Pillar of Social Rights recently announced by the EU institutions in Gothenburg.