Sat. Feb 22nd, 2025

BUSINESS

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EU-India relations: College of EU Commissioners travels to New Delhi

The unprecedented visit of the College of EU Commissioners early in the new mandate, underscores the strong momentum in EU-India relations. It follows President von der Leyen’s announcement of a new strategic agenda with India, set to be unveiled at this year’s EU-India Summit. The visit highlights the significance of deepening cooperation in key areas essential to the prosperity and security of both Europe and India.

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Simplification: Remarks by EU Commissioner Dombrovskis at Forum Europa

EU Commissioner Dombrovskis announced that the EU Commission plans to roll out simplification packages covering key areas such as sustainability reporting, EU investment instruments, small mid-caps, digital tools, agriculture, and more. The upcoming proposals will target the regulatory “triangle” made up of the Taxonomy Regulation, the Corporate Sustainability Due Diligence Directive, and the Corporate Sustainability Reporting Directive.

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Metropolitan Region Rhineland event: Keynote Speech by EVP Raffaele Fitto

“Europe and its regions stand at a pivotal crossroads. We face numerous challenges: growing global competition, the rapid evolution of artificial intelligence, energy crises, and the pressing need to transition to sustainable energy sources. We must also prioritize the circular economy and adopt more responsible and innovative industrial models” – EU Commission Executive Vice-President Raffaele Fitto.

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Press remarks by EU Commissioner Šefčovič in Washington DC

The EU-US economic partnership, worth USD 1.7 trillion, is a global powerhouse tackling shared challenges like global overcapacities driven by non-market practices. With the EU as part of the solution, not the problem, the EU Commission discussed how to move forward by fostering reciprocity, fairness, and mutual benefits—turning common challenges into shared success.

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Mediterranean: Speech by EU Commissioner Šuica at the EP Foreign Affairs Committee

“I would like to share some of our ideas for the New Pact for the Mediterranean. My vision is to design this pact collaboratively with our regional partners, ensuring it reflects their needs and aspirations. I am here today to listen to your thoughts before I embark on a regional tour to engage directly with stakeholders, including the private sector and civil society” – EU Commissioner Šuica.

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EU-US Cooperation on Trade and Economic Security: Speech by EU Commissioner Šefčovič

EU Commissioner Šefčovič, speaking at the American Enterprise Institute, acknowledged that the EU has a relatively small trade surplus but emphasized that it accounts for only 3% of total bilateral trade. He pointed out that the U.S. holds a significant trade surplus in services, ranging from financial services to streaming platforms and social media, noting that even a Tesla car is packed with services. And he also highlighted that the

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