LUHNIP Monthly Brief on EU Industrial Policy – October 2024
Last Month in Brief
2 October: The European Commission adopts a Communication on building sustainable international partnerships as "Team Europe".
4 October: EU Member States adopt the European Commission’s proposal to impose definitive countervailing duties on imports of Chinese battery electric vehicles. (See Deep Dive 1)
7 October: The Commission, via its Health Emergency Preparedness and Response Authority (HERA) and the European Investment Bank, signs a €20 million agreement with French biopharma company Fabentech to develop broad-spectrum therapeutics against biological threats.
9 October: The European Commission adopts the second Work Programme for the digital part of the Connecting Europe Facility (CEF) Digital, allocating around €865 million for improving Europe's digital connectivity infrastructures from 2024 to 2027.
10 October: The European Commission updates product liability rules to align with the digital age and the circular economy.
10 October: The Council adopts the Cyber Resilience Act, setting cybersecurity requirements for products with digital elements to ensure they are safe before being placed on the market.
17 October: The European Commission adopts the first implementing rules on cybersecurity for critical entities and networks under the NIS2 Directive, aiming to establish a high common level of cybersecurity across the Union.
17-18 October: EU trade ministers gather for an informal meeting to engage in high-level discussions on critical issues, including the European Union's trade relations with ASEAN countries and EU-China trade relations.
22 October: The European Commission adopts a communication on the implementation of the European Research Area (ERA) (See Deep Dive 2 ).
29 October: The European Commission adopts the 2025 work programme of the European Innovation Council, opening funding opportunities worth €1.4 billion for strategic technologies and scaling up companies.
31 October: Former Finnish President Sauli Niinistö presents his report on strengthening Europe's civilian and military preparedness, addressing strategies to enhance resilience against climate change, security threats, and other geopolitical challenges.