Cristophe Frey, vice-president ARM, says while the EU's Chips Act has certainly helped protect European production of #semiconductors, it needs to be more flexible to help boost the design of Chips in the EU.
There's legislation on the way (existing?) in the US that bars Europeans from working in certain industries due to national security concerns, says Maaike Okano-Heijmans. So Europe should consider how they will respond.
Maaike Okano-Heijmans, senior research fellow at Clingendael Institute, says #Quantum is one technologies that Europe should focus on when pooling resources; biotech is another, as well as #generativeAI.
Marc Lemaître, director-general, DG Research, European Commission: "Europe now has 4 of the ten top supercomputers" because of it pooling resources. #Draghi makes this point on pooling resources in his report "and he is right about that – and everything!"
Suspect the term #economicSecurity is in vogue because many are still instinctively allergic to "industrial policy". Hangover of neo-liberal times?
Žaneta Vegnere points out that doing #EconomicSecurity is "transversal", meaning that in the old world, trade commissioners did not have to speak to foreign policy commissioners or those looking after security.
Miriam Lexmann MEP (EPP, Slovakia) says Europe is way behind China when it comes to planning ahead. Europe can't think ahead of the next legislative year, let alone multi-year. She uses the automotive industry as an example, which she says should have been foreseen.
You may wonder what #EconomicSecurity is?
At the national level is the ability of a political entity to safeguard its economic stability, protect against financial risks, and ensure access to resources for sustained growth and resilience to external shocks like trade disruptions or economic crises.
Žaneta Vegnere, deputy head of cabinet for Valdis Dombrovskis says the EU is not a nation state, and that's a real problem for achieving #economicSecurity, and puts Europe at a disadvantage vis-a-vis nation states like the US, China.
Bundesministerium für Verkehr
Wessel van Rensburg