Ahead of next week's G7 Leaders' Summit, our President Fredrik Persson and DG Markus J. Beyrer joined business leaders from across the G7 at the B7 Summit in Paris, organised by
@MEDEF.
Discussions focused on trade and supply chain security, economic resilience, and the green and digital transitions.
To put the European economy back on track, Europe must act swiftly to deepen the Single Market, reduce regulatory burdens, lower energy costs, boost innovation and investment, and address skills shortages. Our trade diversification agenda must remain ambitious to mitigate geopolitical risks.
At the same time, trade and industrial policies can no longer be treated separately.
As Persson stressed: "More assertive approaches on industrial policy must be counter-balanced with openness. Let’s not fool ourselves – no country will be able to achieve full sovereignty over all critical supply chains."
Read the B7 Joint Declaration:
medef.com/uploads/media/node…