The European Commission Proposes a New Economic Security Strategy

January 2024
Region: Europe

While the EU recognises the importance of open global markets, the broader geopolitical developments have forced them to minimise the risks to economic security in light of increased global tensions and accelerated technological shifts. The new policies, particularly in relation to foreign investments and advanced technologies, sees the EU bolster its competitiveness by further diversifying the supply and export markets, as well as encouraging investments on research in key technologies to preserve maximum levels of economic openness and dynamism.

It will be crucial to closely monitor the progress of the EU’s Economic Security Strategy to better understand the level of impact this proposal will have on your business and to ensure the co-legislators strike the right balance for the future.