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How can EU competitiveness be promoted through the Trump presidency?

How can EU competitiveness be promoted through the Trump presidency?

Europe’s competitiveness and unity have been the main target of the Euronews Executive Lunch in Davos, as the brand new Trump administration begins its mandate.

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Europe’s competitiveness and unity have been the principle theme of the Euronews Executive Lunch held on the Davos summit in Switzerland, with main political and financial figures discussing the EU’s financial push forward of the beginning of his mandate of the brand new Trump administration.

“The new Trump administration represents an enormous alternative for Europe as a result of Europe wants – and I’m satisfied that it’ll – to behave collectively to be extra impartial, to turn into much more built-in, to finish among the huge tasks that have been already there for fairly a while, in order that we’re our personal continent and we needn’t depend on the United States as an ally, as a good friend,” Silvana Koch-Mehrin, president and founding father of Women Political Leaders, informed Euronews .

Donald Trump’s inauguration speech didn’t deal with world points, suggesting he might observe an isolationist agenda. Europe, in the meantime, is making ready for a Trump presidency targeted on unity of motion.

“We want higher investments within the safety and protection sectors if we need to have higher affect on our future. If we don’t need to be a playground for others, it means it’s time to act,” mentioned the previous President of the Republic. This was said by the European Council Charles Michel.

He burdened that the EU should on the one hand “regulate higher” and on the opposite “combine extra”.

Speakers on the Euronews occasion in Davos additionally insisted that the European Union ought to spend money on digitalisation and synthetic intelligence if it needs to stay aggressive.

“What we want to do is to be another for Europe in some ways. And, after all, after all, proceed what we now have achieved during the last 20 years, which is contributing to the digitalization of Europe, and I feel additionally serving to Europe it has to mainly put together for AI, turn into AI prepared,” mentioned Kenneth Fredriksen, senior vp of Huawei Europe.

Over the subsequent few days, till January 26, main world political and financial figures gathered on the World Economic Forum in Davos, Switzerland, will focus on essentially the most urgent points at present dealing with the world.

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