Internationalisation of European Businesses and EU Economic

Diplomacy

• Philippe de Taxis du Poët• European Commission• DG GROWTH

• Business opportunities for cooperation with the EU in developing markets, Warsaw, 20 May 2015

Juncker Agenda

PTP – GROW-A2

Elżbieta BIEŃKOWSKACommissioner for Internal Market,Industry, Entrepreneurship and SMEs

Considers the external dimension of the internal market and access to non-EU markets as an area of great importance for industry and SMEs alike.  Wants to work on an integrated European strategy for SME internationalisation which adds value above and beyond national trade promotion activities.  Regards economic diplomacy as very necessary to open up business opportunities for European enterprises, and for bringing growth, competitiveness and jobs to Europe.

Convergence, coherence, articulation and more

focused use of existing policies and instruments

Core element: Internationalisation of European businesses

PTP – GROW-A2

Huge potential,needs and opportunitiesin strategic sectors

Potential for higher impact, additionality and visibility

Issues?

PTP – GROW-A2

Current situation?

Draft overview of EU instruments contributing to the internationalisation of European enterprises

PTP – GROW-A2

What do enterprises need to grow?

• Provide access to markets, both (i) the EU single market and (ii) external markets  

• Improve access to resources in terms of (i) finance (ii) skills, (ii) raw materials, (iv) energy  

• Foster innovation as the EU is lagging behind in patents for emerging technologies.

• Reform regulation for small firm growth as we need business friendly environment

SMEs face difficulties for internationalisation

• First barrier is related to the "smallness" intrinsic characteristics of SMEs 

• Second barrier is external to the firm and stems from the domestic environment in each Member State.  

• Third category of barrier affecting SMEs internationalisation relates with trade and investment.

EU instruments contributing to the internationalisation of European businesses – some examples

• IPR Help Desks (China, ASEAN, MERCOSUR)• EU-Japan Centre for Industrial Cooperation• EU SME Centre in China• EBTC in India• Cluster Go International• Small Business Act• Financial instruments (COSME and H2020)• Gateway to South East Asia

EU instruments contributing to the internationalisation of European businesses – some examples

• COSME• Horizon 2020• Partnership Instrument• ICI and ICI+• Structural and Investment Funds (ESIF)• Market Access Database• EIB-IDB joint facilities

Objectives?

Overall: more growth and jobs in EuropePTP – GROW-A2

Coordination Focus

Possible approach?

PTP – GROW-A2

What should be avoided:

Business as usual

What should we make sure of:

New instrument / structure

Added value / subsidiarityEU strong economic outcomes using ourforeign, industry, trade, innovation, regionaland development assistance policies

PTP – GROW-A2