We are the voice of enterprise in Sweden.
Last week, the trade ministers of WTO’s 164 Member States gathered for the postponed biennial ministerial conference. Expectations of concrete results ahead of the conference were lukewarm, but now is seems fair to say that the multilateral trading system is showing signs of life once again.
It is clear that there will be an impact on competition within the EU. This is not just a problem for the single market; it will also have an impact on international trade.
The Confederation of Swedish Enterprise welcomes the proposed Regulation and sees this as an important step towards a more circular economy in Europe and an enabler to reach climate and other sustainability goals.
The EU is set to ban thousands of chemicals used in industrial applications. In Sweden, the chemical sector estimates that the move will cause SEK 38 billion in lost sales and 7,000 job losses. “We’re losing competitiveness,” says Kristina Neimert Carne at Ikem.