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January 20, 2020

SEMI Supports Long-Term Industrial Strategy for Europe

Industry4Europe, a coalition of nearly 150 industry organizations including SEMI dedicated to campaigning for an ambitious EU industrial strategy, has published A long-term strategy for Europe’s industrial future: from words to action, a set of proposals aimed at informing a comprehensive long-term industrial strategy for Europe.

The new paper presents concrete industrial policy proposals across the following seven priority fields.

  • Business-friendly policy environment
  • Sustainability at business core
  • Upgraded skills and training
  • Enhanced research and innovation
  • Investment and improved access to finance
  • Reinforcement of the European Single Market
  • Strengthened trade and international market access

Industry4Europe EC logoIndustry4Europe offers cross-sectoral recommendations for the EU industrial strategy planned by European Commission President-Elect Ursula von der Leyen, who has stated in her Political Guidelines for the upcoming mandate that she would “put forward my plan for a future-ready economy, our new industrial strategy.”

Industry4Europe is pressing for a long-term EU industrial strategy that enables Europe to remain a leading innovation hub for a sustainable manufacturing industry that provides quality jobs for all Europeans today and in the future.

Industry4Europe looks forward to consulting with all policymakers – notably Executive Vice-Presidents Valdis Dombrovskis and Margrethe Vestager and Commissioner Thierry Breton – to implement a much-needed update of the EU industrial strategy.

Emir Demircan is director of advocacy and public policy at SEMI Europe.