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[Faced with renewed competition among great powers and the rise of nationalism, the European Union (EU) needs to become more strategic and more autonomous to advance its values and interests on the international stage. That means strengthening Europe’s power base to cope with threats and challenges, while promoting a positive agenda of rules-based cooperation. Fostering Europe’s strategic autonomy requires action across three principal domains. First, the EU should harness the potential of the Single Market and pursue an ambitious trade and investment policy to achieve a level playing field with major economic partners. Second, at a time when rapid technological progress is reshaping globalisation and the balance of power, the EU should be at the forefront of innovation and play a leading role in the regulation of new technologies. Third, Europeans should take more responsibility for their security and for providing security beyond their borders by enhancing their cooperation on security and defence, including joint investment in key capabilities and delivering a stronger operational capacity. A more strategic and autonomous EU would also be better placed to work with others to sustain the multilateral order. In this context, strategic partnerships between the EU and major international actors, such as India, are an important level of engagement, among others. However, many of these partnerships have not matched expectations, which calls for renewed commitment to define tangible priorities and deliverables, while managing differences. Despite their problems, partnerships are an essential platform for dialogue, which can help contain the drift towards a zero-sum world.]
Published: Feb 28, 2021
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