Strengthening EU Economy Security
Summary
Strengthening EU Economy Security centres on faster risk assessment, shared intelligence and action to reduce dependencies in critical supply chains, technologies and infrastructure. The Commission proposes an Economic Security Information Hub, stronger coordination with Member States, an adviser group involving businesses, trade-resilience information and an expanded Observatory on Critical Technologies. It will also consider funding safeguards, foreign-investment screening guidance, dual-use export-control evaluation, trade-defence tools, customs measures, procurement preferences and restrictions on high-risk suppliers.
Action items
1–6 of 32 items
Source order · D = digital dimension- Item 1
Improve its information gathering and analysis capacity by advancing risk assessments more rapidly on specific critical supply chains, critical infrastructure and critical technologies, and launching regular calls for evidence to obtain industry and stakeholder input into supply chain vulnerabilities and exposure to external pressure.
- Item 2
Promote greater coordination and information exchange through its EconomicSecurity Network with Member States. The Commission will use the Network to promote scenario development, align understanding of threats, risks and scope for mitigation, facilitate information exchange and support implementation, particularly in the use of the tools that are in the remit of Member State responsibilities. In this context, the Commission will ensure that there are suitable information systems available to support the rapid and secure exchange of classified information among and with MemberStates on economic security issues – including on risk assessments, critical and high-risk entities, and transactions of potential concern. This will complement the work of the EU stockpiling network, which focuses on ensuring the supply of essential goods in crisis situations.
- Item 3
Create an Economic Security Information Hub where with the support of EEAS, INTCEN/SIAC, the EU’s Delegation network and Member States,as well as existing Single Market economic monitoring tools like the Supply Chain Alert Notification (SCAN); it will map and consolidate available information under existing public and private mechanisms and coordinate the collection of additional information relevant for economic security. This will include a market monitoring mechanism to collect information on developments in high-risk areas, including rapid information on trade flows in sectors subject to diversification to ensure that EU action isn’t undermined. It will also consolidate information on high-risk entities to support the process of assessing eligibility for EU funding and participation in an EU investment or procurement process. In addition, the European Customs Authority and the EU Customs Data Hub would allow to efficiently support and enforce the implementation of the related EU economicsecurity initiatives facilitating also the exchange of relevant information.
- Item 4
Intensify structured engagement by EU Delegations, liaising with Member State Missions, other EU bodies and the EU business community present in third countries; to ensure effective contributions to risk assessments, monitoring and mitigation with regard to economic security, including by facilitating business-to-business and business-to-government exchanges.
- Item 5
Assess by Q3 2026 the extent to which the Internal Market Emergency and Resilience Act (IMERA) allows to gather company level supply chain information from businesses in high-risk sectors. In light of this analysis, the Commission will assess the necessity for further measures.
- Item 6
Recommend that Member States nominate senior-level National Economic SecurityAdvisers responsible for cross-government coordination of economic security risk assessment and mitigation. The Commission will promote greater policy coordination and joint actions by regularly bringing these advisers together. It also invites the Council of the EU to consider regularly convening the relevant Council formations for political-level discussions.