Issues » Trade and external relations » EU trade policy reform
EU trade policy reform
Downloads and links
In mid-2020, the European Commission launched a major review of the European Union's trade policy. The objective is to build up a fresh medium-term direction for EU trade policy, responding to a variety of new global challenges.
A strong European Union needs a strong trade and investment policy to support economic recovery, create quality jobs, protect European companies from unfair practices at home and abroad, and ensure coherence with broader priorities in the areas of sustainability, climate change, the digital economy and security.
EUROFER believes that EU trade policy should support Europe's renewed industrial policy. It should do this by pursuing a holistic approach to industrial policy and help achieve its environmental and climate policy goals. Integrated production, manufacturing value chains and technological innovation must remain and further develop within the EU to secure well-paid jobs and a green transition.
The multilateral trade framework should be strengthened to ensure stability, predictability and a rules-based environment for fair and sustainable trade, and trade policy should facilitate the transition to a greener, fairer and more responsible economy at home and abroad. Finally, in addition to existing instruments, the EU should address coercive, distortive and unfair trading practices by third countries with additional instruments.
Download files or visit links related to this content
Brussels, 2 December 2022 – EUROFER welcomes the WTO Panel report ruling against Indonesia’s ban on the export of nickel ore. These measures have been artificially distorting the global market for nickel ore and fuelling the new export-oriented stainless steel production in Indonesia, whilst harming the EU stainless sector.
The European Steel Association (EUROFER) welcomes the EU’s decision to request the WTO establish a panel on Indonesian raw materials export distortions.
EUROFER's response to the public consultation on the EU trade policy review