So from safeguard clauses to micro clauses to European preferences and incentives for more FDIs, this strategy is absolutely key. And in parallel, Protecting our economies will also require a resilience strategy on both import and export to de-risk supply chains, particularly for raw materials, rare earths, semiconductors, chips, and to diversify our trade partners. The second pillar of the European economy and the European strategy should be simplification. And when I speak about simplification, we started with csrd, csdd, and we have to do much more on different sectors. (14:40–14:59)
CLAIM
Asserts the need for a resilience strategy to de-risk supply chains and diversify trade partners.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
