Cefic welcomes EU industrial policy update

Cefic says it welcomes the release of a European Commission industrial policy communication update that acknowledges the need for a strong manufacturing sector in Europe. The paper also sets an "ambitious and achievable" goal of increasing manufacturing's share of the European Union's (EU) GDP to 20%, Cefic says. "All in all, the communication addresses the right elements of a twenty-first century industrial policy for Europe, but only if related policy—such as energy, climate change, or environment policies—are aligned with this...

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