European companies operate world-wide within international value-chains, networks and ecosystems. However, the world is changing for geopolitical reasons. Increasingly, it becomes divided into large blocks with the EU, the United States and China at the forefront.
EU/China/USA- three bloc systemic conflict: Digital policies as trade barriers?!
German Economic Institute (IW)
European companies operate world-wide within international value-chains, networks and ecosystems. However, the world is changing for geopolitical reasons. Increasingly, it becomes divided into large blocks with the EU, the United States and China at the forefront.
These differ in a systemic conflict with respect to ethics, regulatory frameworks, and economic goals. This is particularly relevant for the digital sphere. The Chinese digital regulation sets standards for the Chinese markets that are inherently different from European ones. These divergences in digital governance are likely to become trade obstacles for digital trade and for trade in general. As a result, European companies could potentially be forced to decouple their Chinese operations from Europe, if they want to keep benefitting from the large and growing Chinese market. At the same time, the United States and Europe try to overcome their differences in their approach to dealing with the digital economy by engaging in the TTC, the Trade and Technology Council.
We would like to discuss the role of diverging digital policies as trade barriers. In how far does this affect European companies? How will they operate in a world where regulators cannot agree on common standards? What does the EU need to do?
Thus the German Economic Institute and the European Liberal Forum cordially invite you to their in-person discussion event on 21 of June 2022 from 12h30-14h45 at the Hanse Office, Avenue Palmerston 20, 1000 Brussels.
Venue:
Hanse Office, Avenue Palmerston 20, 1000 Brussels
Date:
21 of June 2022
Time:
12h30-14h45
Agenda
12:30 Coffee reception
13:00 start with Opening Remarks by Daniel Kaddik, Director, European Liberal Forum
13:05 Panel discussion
Catherine Rinzema, MEP Renew Europe
Dr. Vera Demary, Head of Digitization at German Economic Institute (IW)
Gautam Kamath, Senior Manager EU Cybersecurity & Privacy, Huawei
Sarah Lenczner, Manager, Government Affairs, Qualcomm Europe (tbc)
13:55 Closing remarks by Philipp Saueracker, European Affairs Analyst (IW)
14:00 Networking with light lunch
14:45 End of event
Moderator:
Luca Bertuzzi, Euractiv
More on the topic
Between „strategic autonomy” and „turning point”: The importance of trade between the EU and Mercosur
This policy paper analyses the geopolitical and economic significance of the EU-Mercosur agreement for the European Union (EU) in the context of the EU's new European Economic Security Strategy.
IW
The EU and money: Who pays, who gets?
The German net position fell slightly in 2023 compared to the previous year, from 19.7 billion euros to 17.4 billion euros. However, it is still significantly higher than in the pre-Brexit period.
IW