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EU Trade Policy: Open markets essential for post-COVID recovery

Commenting on the launch today of the EU Trade Policy Review, EuroCommerce Director-General Christian Verschueren said:

”The COVID pandemic and restrictions arising from it have hit many businesses hard over the past 12 months and also hit international trade. The Commission review of the EU’s trade policy is a welcome step to reinforce the measures the EU and governments have taken to boost the economic recovery. Open markets in Europe and outside will be a powerful driver for the EU economy to pick up again.”

Retailers and wholesalers rely to open markets to ensure that consumers have access to a wide choice of the products they need.  We therefore support the concept of “open strategic autonomy” but will be pressing the need to ensure that this does not lose sight of the “open” part of the approach. Global value chains are a reality and key to European competitiveness, and trade has made a massive difference to the lives of many millions of people across the globe.  The COVID-19 crisis has shown the need for reliable supply chains, particularly for sensitive products. But it has equally shown that this is best achieved by diversifying, rather than restricting, sources of supply.

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"The Narratives"

EuroCommerce Narrative on Retail and Wholesale in a changing world…

The world is changing rapidly. Retailers and wholesalers have repeatedly shown how resilient and adaptive they are, and are moving ahead with embracing this change, providing value to customers, suppliers, and society at large. This great story is worth telling – both to the sector and to the wider world. And the story needs to say clearly what we want from the EU and from national governments to make our sector sustainably competitive.

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"The Narratives"