According to the almost final version of the parliamentary report on the Industrial Acceleration Act (IAA) obtained by Contexte, the lead speakers seek to narrow down the range of conditions under which third countries can benefit from the equivalent of "Made in Europe" status in government support schemes and public procurement.
In March, the Commission proposed that all countries with public procurement or trade agreements with the EU should be given equivalent status, with the exception of countries that do not provide EU manufacturers with the same treatment as domestic ones.
Pierre Jouvet (S&D), Anna Cavazzini (Greens) and Christophe Grudler (Renew) instead want the European Commission to compile a list of countries eligible for the equivalent "Made in Europe" status.
These countries will have to fulfill seven conditions, including equal treatment of EU products and compliance with the Paris Climate Agreement. In key sectors such as steel and electric vehicle manufacturing, public procurement contracts and 90% of government aid should also include a minimum share of European content.
European preferences can be cancelled if this increases the cost of the project by more than 40% compared to 25% according to the Commission's proposal. Their report is due to be completed on September 9th.
Draft IAA report,
Contexte.com,
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