The EU Isnt Even Running The Race For Technoindustrial Leadership
The European Commission has correctly identified several risks to the EU's economic security, ranging from dependence on supply chains to economic coercion. But they are symptoms of deeper geo-economic instability, and the Commission's "risk reduction" approach is one of its root causes - the great race for power for techno-industrial leadership - and not enough to address its broader ramifications for Europe. safety.
Technical thinking...
The EU must analyze this geo-economic challenge and develop for itself tools that allow it to better coordinate the defense of European security. certainly:
- The race for technological and industrial leadership begins
- Preserving critical technology advantages in critical areas of the future
- Create an economic intelligence alliance
China's ambition to become a technological superpower - and the determination of the United States to resist it - will fundamentally alter the global economy and challenge European security. The European Union and its member states must stop considering issues of economic security rather than issues of national security. Instead, they must determine how the loss of key assets and technologies will affect European security.
The EU and its member states must identify the areas in which they have the most significant technological advantages - in research, innovation and production capacity. The EU must coordinate technology, trade and security policy tools to maintain this advantage. For example, it needs to link promotional tools such as research funding and government support to the selection of specific technology targets. It should also strive for a new consensus on export controls that would give member states more flexibility to impose coordinated restrictions when the risk of losing a key technological advantage is serious.
Greater knowledge of the industry and supply chain allows you to influence discussion about competition between technologies and industries. The EU's ability to enhance its economic security will depend on the integration of this data, which the EU and its Member States collect through various tools. This requires great confidence and strong management. The creation of an EU structure in which the limited but gradual exchange of industrial information takes place will greatly enhance the EU's geo-economic strength.
...for a new era
European economic security is particularly threatened by the current geo-economic restructuring, with the keys to power in the global economy being rapidly usurped. Technological interconnectedness is here to stay. To ensure economic security, the EU must position itself as a major player in the technological networks of tomorrow. On the one hand, this is the division of the European Union into trade instruments regulated by the European Commission; On the other hand, the security services controlled by member states become less logical in the context of technological and industrial competition, as economic security and national security increasingly become two sides of the same coin.
The European Council on Foreign Relations does not take a unified position. The Center's publications represent the views of the individual authors only.
