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EcoMin Badalau: Industry, AI, value chains and clusters high on working agenda of Romanian EU Presidency

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Niculae Badalau

The digital transformation of industry, artificial intelligence, value chains and clusters will top the working agenda of the Romanian Presidency of the Council of the EU, Minister of Economy Niculae Badalau told the conference "Europe Industry Days" organized by the European Commission in Brussels over February 5 - 6, the Ministry said in a release.

In his address, the Minister of Economy emphasized the role the industry plays in the European project, as well as the economic and social benefits this economic sector provides to all member states.

"Industry is more than an economic sector that employs millions of European citizens and offers products and added value worth billions of euro. The industry is, in fact, the foundation for the European community. The adjustment of industrial ecosystems to digitization is a challenge that can be turned into an opportunity to increase Europe's industrial competitiveness in the next decade. Digital transformation and artificial intelligence are the main factors contributing to shaping the industrial policy of the 2030s, for which we will have to develop appropriate skills. (...) Industry means stable jobs, a well-anchored and predictable life for adults, and a launching pad for escaping poverty and social exclusion for children and youth under the threat of this spectrum," Niculae Badalau said, as he listed the priorities of the Romanian EU Presidency, that include the digital transformation of the industry, artificial intelligence, value chains and clusters.

In conclusion, the Romanian Minister of Economy also said that "now, more than ever, the European Union needs a modern industrial policy with a vision for 2030."

"Only thus can we honor the vision for peace and prosperity of the European Union's founding fathers. It is no coincidence that Romania, a country where industry accounts for 25 pct of GDP, has chosen cohesion as the symbolic value of its term at the Presidency of the Council of the EU and incorporated this concept into its official motto," the EcoMin concluded.

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