Internationalisation of European Businesses and EU Economic Diplomacy Philippe de Taxis du Poët European Commission DG GROWTH Business opportunities for cooperation with the EU in developing markets, Warsaw, 20 May 2015

Juncker Agenda PTP – GROW-A2

Elżbieta BIEŃKOWSKA Commissioner for Internal Market, Industry, Entrepreneurship and SMEs Considers the external dimension of the internal market and access to non-EU markets as an area of great importance for industry and SMEs alike.   Wants to work on an integrated European strategy for SME internationalisation which adds value above and beyond national trade promotion activities.   Regards economic diplomacy as very necessary to open up business opportunities for European enterprises, and for bringing growth, competitiveness and jobs to Europe.

Core element: Internationalisation of European businesses Convergence, coherence, articulation and more focused use of existing policies and instruments Core element: Internationalisation of European businesses PTP – GROW-A2

Issues? Huge potential, needs and opportunities in strategic sectors Potential for higher impact, additionality and visibility PTP – GROW-A2

Current situation? Draft overview of EU instruments contributing to the internationalisation of European enterprises PTP – GROW-A2

What do enterprises need to grow? Provide access to markets, both (i) the EU single market and (ii) external markets   Improve access to resources in terms of (i) finance (ii) skills, (ii) raw materials, (iv) energy   Foster innovation as the EU is lagging behind in patents for emerging technologies. Reform regulation for small firm growth as we need business friendly environment

SMEs face difficulties for internationalisation First barrier is related to the "smallness" intrinsic characteristics of SMEs  Second barrier is external to the firm and stems from the domestic environment in each Member State.   Third category of barrier affecting SMEs internationalisation relates with trade and investment.

EU instruments contributing to the internationalisation of European businesses – some examples IPR Help Desks (China, ASEAN, MERCOSUR) EU-Japan Centre for Industrial Cooperation EU SME Centre in China EBTC in India Cluster Go International Small Business Act Financial instruments (COSME and H2020) Gateway to South East Asia

EU instruments contributing to the internationalisation of European businesses – some examples COSME Horizon 2020 Partnership Instrument ICI and ICI+ Structural and Investment Funds (ESIF) Market Access Database EIB-IDB joint facilities

Objectives? Overall: more growth and jobs in Europe PTP – GROW-A2

Possible approach? Coordination Focus PTP – GROW-A2

What should be avoided: Business as usual New instrument / structure What should we make sure of: Added value / subsidiarity EU strong economic outcomes using our foreign, industry, trade, innovation, regional and development assistance policies PTP – GROW-A2