Press Release: New strategy puts EU trade policy at service of European competitiveness and economic reform

The European Commission has adopted a new strategy to integrate trade policy into the European Union’s competitiveness and economic reform agenda. The policy review (Global Europe: competing in the world) sets out a strategy for opening new markets abroad for EU companies to trade and ensuring that European companies are able to compete fairly in those markets. It also commits Europe to ensuring that its own markets remain open, arguing that in a global market, with global supply chains, Europe needs to import to export. It cannot argue for openness from others while sheltering behind barriers of our own.