A European Union flag flutters outside the congress palace ahead of the European Political Community summit in Granada, Spain, October 4, 2023.
The EU executive plans to work with the 27 EU members to assess by the end of the year whether there are any risks to the bloc's economic security linked to advanced semiconductors, artificial intelligence, quantum technology and biotechnology.
It is part of the European Economic Security Strategy unveiled by the Commission in June that calls for strengthening the EU's own internal market, fostering research, forging alliances with reliable partner and using existing trade defence tools and considering new ones.
Part of the debate will centre on the degree to which countries are willing to harmonise their policies on national security and transfer certain powers to Brussels.
Countries such as Sweden and the Netherlands want more open markets, while others such as France has more focus on protecting domestic producers.
Persons:
Jon Nazca, Charles Michel, Russia's, Philip Blenkinsop, Andrew Heavens
Organizations:
REUTERS, Rights, Union, Commission, EU, European Economic Security, Thomson
Locations:
Granada, Spain, Rights GRANADA, China, Ukraine, Europe, Brussels, Sweden, Netherlands, France