Expert panel recommends: Stronger cooperation in the EU against delivery bottlenecks

Expert panel recommends: Stronger cooperation in the EU against delivery bottlenecks

According to a report by www.schwarzwaelder-bote.de, advisors to Federal Economics Minister Robert Habeck are calling for stronger EU cooperation to strengthen security of supply for important goods. In particular, Germany's strong dependence on international supply chains represents a major risk. The experts emphasize that Germany is particularly badly affected by uncertainties in global supply chains, which primarily affects the industrial sector and the openness of the economy.

Trade statistics show that Germany is not heavily dependent on individual importing countries, but important raw materials such as uranium ore or pharmaceutical substances can be obtained from a few countries. This increases Germany's vulnerability to supply bottlenecks and political difficulties with the supplying countries.

The experts emphasize that decoupling supply chains would lead to significant economic losses. In particular, imports of electronic products and IT services from the USA could lead to major financial losses. They also warn against political activism and emphasize that increasing supply takes time and hectic measures can be counterproductive.

The proposed measures to strengthen security of supply include increased cooperation at European level, the creation of a European Office for Security of Supply and the coordination of common strategic reserves of key raw materials. EU free trade agreements and greater consideration of raw material supplies in foreign investments by German companies are also part of the proposals.

These recommendations could have a significant impact on the market and the financial industry. Increased cooperation at EU level could lead to changed trading relationships, new hedging options and possibly also new regulatory requirements. Companies could be forced to adapt their supply chains and adapt to new conditions. This could lead to changes in cost structures, new risks and a realignment of investments. It is important that companies and investors monitor these developments closely and prepare for possible changes.