2019 was a year of change for Europe. 2020 is focused on responding to the coronavirus pandemic, the economic road to recovery and the ongoing climate emergency.
These are extraordinary times. A new European Commission and Parliament are having to adapt and respond to the unexpected consequences of the global pandemic. Advocating to protect your policy interests may not seem an urgent priority, but it still matters. As the political and business communities continue to focus on managing public concerns and the economic and social consequences of the current crisis, the day-today advocacy programme continues, albeit under very different circumstances.
Why the EU matters
Boards are managing the concerns of their employees, customers and partners. However, policymaking is being impacted at both macro and micro level and it’s important to stay engaged on both counts to ensure your business secures its share of voice.
The EU is the biggest player on the global trading scene. The EU’s GDP was $16.5 trillion last year according to the IMF, representing 22.8% of the world’s total. As the world’s largest single market, its Members account for 16% of world imports and exports and it is the world’s biggest export market for around 80 countries.
What should you be prioritising?
The EU is responsible for developing a host of new aid and stimulus packages to support economic recovery. Now is the time to engage as an active partner to ensure your concerns are getting the consideration and understanding they need. In addition, the EU’s ambitious policy agenda is still progressing, despite the challenges, and will determine the future society we want to live in.
With up to 60% of national legislation emanating from Brussels, being informed and prepared will be essential for any company doing business anywhere in the EU. FTI Consulting in Brussels is here to guide you through every step with informed insight and analysis.