COVID-19 has had a devastating impact on our highly intertwined European economies. So it is essential that trade is part of the solution for a swift and effective European economic recovery. While it essential to preserve and improve trading rules for a stable, transparent, fair, and predictable international trade environment, especially for our SMEs, the global pandemic has taught many valuable lessons that need to be reflected in a new Trade Strategy. Increased supply chain security, more diversification, strengthened digital trade and how global commerce can help the transition towards greener and more circular economies is all part of issues which EU Trade will need to address for a more resilient European economy post-COVID.
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