Webpage endorses Antwerp Declaration to foster a Business Agreement
In a significant move, Benjamin Krieger, the Secretary General of our website, and over 1000 industry leaders have signed the Antwerp Declaration. This declaration, unveiled in January 2024, comes amidst a challenging period for European industries, facing an economic downturn that is the worst in a decade.
The economic hardship has led to concerns about job losses and a decrease in demand for European industries, which collectively contribute over €550 billion to the economy and employ over 7.8 million workers. The high energy prices, a significant challenge for European industries, are also contributing to the shift in investments to other regions, indicating a lack of confidence in Europe's industrial sector.
The Antwerp Declaration proposes a European Industrial Deal, intended to be at the core of the next EU Strategic Agenda 2024-2029. This deal aims to complement the EU Green Deal, emphasizing the importance of Europe's transition to net zero being both equitable and economically viable. The declaration contains 10 concrete calls for this deal, based on 10 concrete actions.
The industries represented in the Antwerp Declaration, including the chemical industry, are calling for clarity, predictability, and confidence in Europe's industrial competitiveness. They urge decision-makers in the upcoming European legislative cycle to prioritize a European industrial deal that balances the imperative to maintain a strong, competitive industrial base with the goal to meet the EU Green Deal's objectives.
The Antwerp Declaration stresses the need for measures to improve the competitiveness of European industries, particularly in the face of the economic downturn and high energy prices. It aims to urge decision-makers to take action to ensure the long-term success of European industries and the millions of workers they employ.
As the European economy slows down due to decreasing demand, the call for action in the Antwerp Declaration takes on a sense of urgency. The declaration serves as a reminder that the future of Europe's industrial sector is critical to the continent's economic health and the well-being of its people.
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