Cybersecurity, cross-border data flows and tougher protection of the environment are among the priorities in the new EU industrial policy.
The European Commission has unveiled a comprehensive industrial policy strategy that will reinforce cybersecurity, introduce regulation on the free flow of non-personal data, and push industry to adopt greener processes. The policy strategy also includes a set of initiatives on intellectual property rights, an initiative to improve public procurement in the EU, an extension of the EU’s skills agenda to further industries, and a sustainable finance strategy to direct private capital flows to more sustainable investments. As well as a raft of new proposals, the strategy also brings together all existing sector-specific initiatives under one umbrella. Unveiling the proposals, Commission vice-president Jyrki Katainen said: “By embr