From left to right: Ms Margarete SCHRAMBOCK, Austrian Federal Minister for Digital, Business and Enterprise; Ms Mariya GABRIEL, European Commissioner for Digital Economy and Society.
Photo: European Union
THE COUNCIL OF THE EUROPEAN UNION,
RECALLING the Council conclusions from May and November 2017, as well as the European Council Conclusions from June 2017, which all emphasised the need for developing a comprehensive and long-term EU industrial strategy,
- UNDERLINES the importance of strengthening the industrial base as a key component of Europe's future, keeping in mind that European industry continues to be a major driver for productivity, growth, innovation and employment and a cornerstone of economic prosperity in Europe; CONSIDERS in this regard the Commission's communication from 2017 on "A renewed EU Industrial Policy Strategy"  as an important signal and a useful first step towards developing a future-oriented EU industrial strategy;
- REITERATES that a fully functioning internal market in the digital age is a fundamental pillar for strengthening industrial competitiveness and HIGHLIGHTS the importance of enforcement and implementation of the internal market rules in that context; BELIEVES that, in order to face the challenges and use the opportunities that are emerging, industry needs a clear, predictable and non-discriminatory regulatory environment in order to make future-oriented investments; in this context RECALLS the importance of business-related services and UNDERLINES the need to remove remaining unjustified or disproportionate barriers; therefore STRESSES that a structured and comprehensive long-term strategic approach is necessary;
Read the full text of the Council conclusions here.
Visit the meeting page on the website of the Council of the European Union.