Saturday 26th Sep 2020 - Logistics & Supply Chain

92 manufacturers co-sign declaration for “ambitious EU strategy”

92 European manufacturing organisations have signed a joint declaration calling for an “ambitious EU strategy.”

The declaration calls on the EU Commission to:

– Reaffirm its commitment to reaching the target of 20 per cent GDP from industry, with an ambitious and realistic timeline
– Adopt an action plan to tackle the challenges that the industrial sectors are facing, in the framework of communication that would include concrete steps and milestones
– Commit to implement this action plan in a timely manner and regularly report of progress.

EU Commission president Jean-Claude Juncker has previously identified the reindustrialisation of Europe as a top priority, and put forward an objective of increasing the share of industry in the European GDP to 20 per cent by 2020.

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