European Union Advances New Industrial Competitiveness Strategy

The European Union has unveiled a new industrial competitiveness framework aimed at strengthening manufacturing resilience and reducing strategic dependencies. The plan prioritizes advanced manufacturing, clean energy technologies, and critical raw materials.

European Commission officials stated that the strategy responds to supply chain disruptions and intensifying global competition. Member states are expected to align national policies with the broader framework.

Industry groups have welcomed the initiative but stressed the need for rapid implementation and adequate financing to sustain competitiveness.