As part of its updated 2020 Industrial Strategy, the EU Commission noted that the pandemic has highlighted the trading bloc’s technological and industrial strategy dependencies, which need to be analysed and addressed as part of Europe’s economic recovery. The Commission presented the findings of a review of products imported into the EU on which the EU is highly dependent in notably sensitive sectors, along with the results of six in-depth reviews providing insights on the origin of strategic dependencies and their impact on the import of raw materials, batteries, active pharmaceutical ingredients, hydrogen, semiconductors, and cloud and edge technologies. 

Author: Sunny Mann.