Joint declaration for an ambitious EU industrial strategy

At the beginning of his mandate, European Commission President Jean-Claude Juncker identified the reindustrialisation of Europe as one of his top priorities and confirmed the objective of increasing the share of industry in the European GDP to 20% by 2020.

As we approach the preparation of the next Multiannual Financial Framework, it is vital for the European Commission to act and help the EU remains a competitive global industrial power playing in a fairer world market.

Therefore we, the European manufacturing industry, representing a diverse range of sectors as Industry4Europe, call on the European Commission to:

• reaffirm its commitment to reaching the target of 20% of GDP from industry, with an ambitious and realistic timeline,
• adopt an Action Plan to tackle the challenges that the industrial sectors are facing, in the framework of a Communication that would include concrete steps and milestones; and
• commit to implement this Action Plan in a timely manner and regularly report on progress.

Read the Joint Declaration on EU Industrial Strategy here