The new analysis underscores the need for a renewed partnership between the European Commission, Member States, and the private sector to ensure uniform rule and regulation application across the EU. As many of the EU's trading partners develop their own economic security strategies, it is crucial to promote coordination in areas of common interest. Director General Markus J. Beyrer said: “For us, the Strategy must be anchored in the principles of competitiveness and |
openness. The protection of vital security interests must not be used as cover for disguised protectionism, and it must not endanger the integrity of the Single Market and the free movement of capital. To this end, the three pillars of the Strategy as proposed by the European Commission – Promote-Protect-Partner – should be given equal importance. It is also crucial that any initiatives and tools are precise, proportionate, and predictable, and designed to mitigate well-defined risks.” |
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