Ibec Europe & Global Focus

Welcome to the 17th edition of Ibec Europe & Global Focus, our publication on the major issues impacting business at an EU and international level. 

As we publish this edition, Ireland and the rest of Europe have cautiously unlocked restrictions on business and society now the vulnerable are protected by vaccines and the summer has arrived. The vaccine roll-out has expanded to the entire adult populations of most Member States. However, the spread of the Delta variant and projections of more COVID-19 infections threatens to prolong uncertainty. 

On EU Affairs we look at the priorities of the Slovenian Presidency of the European Council. We include a special section on the European Green Deal and look at the European Commission’s landmark Fit for 55 Package, a step towards the ambition to reduce greenhouse gas emissions by 55% in 2030. We detail the legislative proposals presented and feature views from Seán Kelly MEP. We look at the EU strategy for sustainable finance launched by European Commissioner McGuinness and how Ibec member BlackRock is helping clients navigate the journey to carbon neutrality.  

On Global Trade & International Affairs, we look at the implementation of the EU-UK Trade and Cooperation Agreement (TCA) and Protocol on Ireland and Northern Ireland. We summarise key developments, the consequences for business and overview Ibec’s engagement with members, Government and the EU institutions. We also examine the outcomes of the G-7 summit in Britain, update on CETA and analyse developments at EU-US summit in June, from an agreement reached in the Airbus-Boeing dispute to the launch of a new trade and technology council.

In our EU Member States update, we look at the September federal election in Germany that will determine the shape of the country’s political landscape following the departure of long-time Chancellor Merkel.

In our policy desks section, we profile a second major EU initiative, the European Commission’s Digital Services Package, composed of the Digital Services Act and Digital Markets Act.

In our sectoral update, Food Drink Ireland explain the effect on their sector of the EU-UK TCA in the first half of 2021, and the challenges that are likely to persist as the new trading relationship develops and regulatory divergences emerge.

In our event highlights we look back on key engagements of the last quarter including Ibec briefings with Irish MEPs on the EU ‘Fit for 55’ package and on the EU Digital Services Package, Data Governance Act and Artificial Intelligence (AI). Ibec also met with Maroš Šefčovič, Executive Vice President of the European Commission to discuss implementation of the EU-UK TCA and Ireland / Northern Ireland Protocol. We also look back at our engagements through BusinessEurope with the European Commission, the Slovenian Presidency and MEPs.

Please contact our EU & International Affairs team in Brussels or Dublin if you wish to further discuss any of the items covered. 

Ibec Europe and Global Focus - Issue 17 - July 2021 pdf | 8711.2 kb