FEM features among the 92 European trade associations that co-signed a Joint Declaration for an ambitious EU industrial strategy.
The European manufacturing industry employs over 34 million people in supply chains comprising hundreds of thousands of SMEs and larger suppliers. These need to be supported if the EU is to remain a competitive global industrial power.
The signatories call on the European Commission to reaffirm its commitment to reaching the target of 20% of GDP from industry. The Commission is also invited to propose an Action Plan to tackle the challenges that industrial sectors are facing.
The Joint Declaration is supported by a dedicated campaign on Twitter under the hashtag #industry4europe