BUSINESSEUROPE‘s position paper on the trade policy

BUSINESSEUROPE published a new position paper on the EU trade and investment policy.

An open trade and investment policy will lead to better competitiveness which can support the recovery of the European industry and help to break into quickly expanding business fields and key growth markets. The companies’s requirements and improvement of the conditions for trade and investment should thus represent the central point of the new EU trade policy.

The trade policy has to support the internationalization of small and medium-sized enterprises in enhancing their integration into the global value chains and open them new trade opportunities on the third countries markets. An effective answer to the tariff and especially non-tariff measures will be a positive step supporting the small and medium-sized enterprises‘ larger participation in the world trade.

The EU trade policy has to choose the best tools to guarantee a meaningful access to the markets, especially in finalizing the ongoing bilateral negotiations, stressing the WTO‘ role, revising old bilateral agreements and developing specific strategies towards main trade partners.

The EU needs to have a clear and consistent investment policy comprising an investment protection, including a reformed and effective mechanism for resolving disputes between the state and investor (ISDS) that will be more transparent, balanced and acceptable by the public.

BUSINESSEUROPE position paper on EU trade policy