The EESC welcomes the European Commission's objective of strengthening the semiconductor ecosystem, significantly increasing resilience and security of supply and reducing external dependencies.
Industrial strategy - Related Opinions
The EESC welcomes the plan to make European industry more resilient and to strengthen the domestic semiconductor industry.
Semiconductors are at the heart of strong geopolitical interests, giving countries the conditions to be able to act (militarily, economically and industrially) and to foster digital and ecological transitions. They are essential for strategic and industrial autonomy.
The upcoming French Presidency of the Council of the European Union asked the EESC to prepare an opinion on how the industrial ecosystems identified by the Commission will contribute to the EU's strategic autonomy and the well-being of its citizens.
The coronavirus pandemic has hit the health of Europe's citizens and its economy hard, notably its industrial production. The European companies in the sectors with high consumption of resources and energy (REIIs) were already in a precarious situation, and are now undergoing this further, unexpected, crisis.
By drawing on CCMI's analytical capacity on industrial change and its shaping in the industrial paradigm, the opinion will focus on the analysis of industrial transformation in a way to make it a Just Transition which is meant as beneficial for all European citizens.
The EESC endorses the Commission proposal and agrees that action must be taken to bolster the instruments safeguarding the EU market and its businesses. This will entail plugging a gap in the legislative framework as regards competition, trade and public procurement with a view to guaranteeing fair competition which is not distorted by foreign subsidies. Some aspects of the intrinsically complex and far-reaching legislative mechanism need to be further refined.
The Communication is intended to update the previous Communication (COM (2020) 102 final) adopted on 10 March 2020 at the dawn of the COVID-19 crisis, taking into account the latest developments related in particular to the pandemic.
Trade Policy Review - An Open, Sustainable and Assertive Trade Policy