European Parliament Groups Emphasize Importance of Domestic Industry Investment for Implementation in Response to State of Union Address

【European Parliament Response to State of Union】 European Parliament groups emphasized the importance of domestic industry investment for implementation in response to the European Commission State of Union address. The need for industrial policy to strengthen European competitiveness and ensure strategic autonomy became the focus of discussion.

【Importance of Domestic Industry Investment】 All groups emphasized that strengthening Europe industrial base is urgent amid intensifying global competition. They particularly called for expanded investment in decarbonization, digitalization, and energy security sectors. The need for EU-specific industrial strategy to counter competition from China and the US was discussed.

【Challenges in Policy Implementation】 Recognition was shared that achieving policy goals outlined in the State of Union address requires adequate funding and coordination among member states. The steady implementation of the Green Deal Industrial Plan and enhancement of innovation support measures emerged as key issues.

【Ensuring Strategic Autonomy】 In response to rising geopolitical risks, strengthening supply chains for strategic materials including critical minerals, semiconductors, and pharmaceuticals was discussed. The policy of reducing external dependence through expanding domestic production capacity and deepening cooperation with trusted partners was confirmed.

※ This summary was automatically generated by AI. Please refer to the original article for accuracy.

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