Von der Leyen says EU will propose measures to diversify supply chains
Ursula von der Leyen says the European Commission will propose supply-chain diversification measures by the end of the year, alongside plans to deter economic pressure and support EU member states.
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European Commission president Ursula von der Leyen says the EU will propose measures to diversify supply chains by the end of this year, arguing that Europe must avoid critical dependence on a single supplier. She announced the plan during a debate with the European Parliament on Wednesday. [1]
Von der Leyen said restrictions on access to critical raw materials and the use of essential technologies as geopolitical leverage made Europe more vulnerable to pressure. She outlined three areas for action: diversifying supply chains, deterring threats and supporting member states facing economic pressure.
The Commission is working on a new instrument that would allow the EU to respond more quickly by restricting access to its single market when EU interests are threatened. It also plans to present a solidarity package so that no member state has to face economic pressure alone. [1]
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