Past Events
Re-industrializing Europe?
Louis Delcart and Gunter Gaublomme from Brussels Diplomatic Academy discussed the EU’s re-industrialization strategy in the wake of Covid-19 at the Chamber’s webinar on 22 September. Delcart said that re-industrializing Europe had started as early as 2013 in some European countries, such as Austria and Germany, to ensure higher flexibility, quality assurance and better reputation of goods. Gaublomme further explained the Covid-19 pandemic highlighted the fragility of global supply chains and reinforced the argument to relocate part of the production process back to Europe. Meanwhile, some European companies opted for the “China + 1 Strategy” to set up an extra production line near China to diversify the supply risks.
2020/09/22
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