Excellence and level playing field are key
Industry and its value chains form the foundation of the EU economy and prosperity. Industry is an integral part of the digital and green transition. To thrive and remain a global player, it needs favourable conditions to innovate, invest, employ, operate and trade. This requires a level playing field with international competitors, in terms of regulatory and fiscal burdens and access to the markets of products and production resources. When reconciling different policy objectives, competitiveness must be given increased attention and weight.