Connect with us

Belgium

EIT Digital: Enhancing the Global Impact of European Innovation

Vlad Poptamas

Published

on

Reading Time: 2 minutes

 

The EIT Digital Strategic Innovation Agenda 2020-2022

EIT Digital presented its Strategic Innovation Agenda for the period 2020-2022, outlining plans to strengthen Europes position in the digital world and to help business and entrepreneurs to be at the forefront of digital innovation. The document was officially handed over to European Commission Vice-President Andrus Ansip and MEP Eva Kaili.

 

We have identified five core challenges that need to be addressed in order to build a strong digital Europe,” said EIT Digital CEO Willem Jonker.

  1. We need to bring European values to the digital world by building global European digital businesses and scaling up disruptive digital ventures that have potential for global success.
  2. We have to further address fragmentation to support digital enterprises and entrepreneurs. The completion of the Digital Single Market must be accelerated and the whole of Europe turned into a “de facto” domestic market for European entrepreneurs.
  3. It is necessary to raise R&D investments in digital technologies and emphasise on software, where currently American and Asian companies are leading the way.
  4. We must strongly increase deep tech innovation investments and take mature research results from laboratory to market, especially by means of entrepreneurship.
  5. And we have to adapt the European education system to the digital reality, to equip people with the right digital skills, and to deploy digital technology in order to support education.

The Strategic Innovation Agenda outlines EIT Digital’s strategy for the coming years and provides concrete answers to these core challenges.

EIT Digital buildon strong achievements and will focus in coming years on further increasing the global impact of European actors in the digital world,” emphasised Willem Jonker. “We will do so by selecting and growing the most promising European digital technology from our ecosystem and beyond, and by supporting the attraction andeducation of necessary digital talent.”

Building on a strong partner ecosystem of business, research and academia, EIT Digital applies key instruments to strengthen European digital innovation:

  • Drive market uptake of top European research results: EIT Digital facilitates cross-border innovation collaboration to bring promising, mature research results out of the lab and quickly into the market. For the first time ever, EIT Digital opens in 2019 its call for proposals beyond its 200-strong partner network to generate even more commercially competitive innovations.
  • Support international growth: The EIT Digital Accelerator helps fast-growing European deep tech scaleups to expand internationally and become dominant global players.
  • Fuelling the European market with digital entrepreneurs through education: The EIT Digital Academy equips talents with solid technical knowledge and the necessary entrepreneurship and business skills to spot opportunities, understand market needs and capitalise on them.

For more information visit: http://www.eitdigital.eu

Follow EIT Digital on Twitter: @EIT_Digital

 

SOURCE EIT Digital

Hello!


Thank you for visiting my profile and thank you for reading my news and published press release!


There a many things that shape a man, but the carving is done by the hobbies and passions. I've pursued two main careers, professional photography and webdesign, while also keeping a passion for automobiles, technology and games. At PICANTE NEWS, I take care of news editing and press release publishing in se
veral categories and as I've mentioned, during my spare time, I am also a professional photographer with webdesign skills.

My future plans include developing more journalistic skills and start creating investigative journalism. You can find my reports and press release coverages in the following categories:


BANKING/FINANCIAL SERVICES, COMPUTER ELECTRONICS, AUTOMOTIVE, CONTRACTS, ANALYSIS, INTERNET TECHNOLOGY, BIOTECHNOLOGY, BLOCKCHAIN, ACQUISITIONS, RETAIL, and many more.



You can get in touch to discuss interviews or possible article submissions via e-mail on vlad@picante.today or call our office number: 0040 731 394 220.


Let's also connect via social media! You can find me on Facebook or visit my photo portfolio.

Advertisement
Comments

Asia

EU-Japan trade agreement enters into force

Vlad Poptamas

Published

on

Photo source: porttechnology.org
Reading Time: 4 minutes

 

The Economic Partnership Agreement (EPA) between the EU and Japan enters into force on 1 February 2019. Businesses and consumers across Europe and in Japan can now take advantage of the largest open trade zone in the world.

President of the European Commission Jean-Claude Juncker said: “Europe and Japan are sending a message to the world about the future of open and fair trade. We are opening a new marketplace home to 635 million people and almost a third of the world’s Gross Domestic Product, bringing the people of Europe and Japan closer together than ever before. The new agreement will give consumers greater choice and cheaper prices; it will protect great European products in Japan and vice-versa, such as the Austrian Tiroler Speck or Kobe Beef; it will give small businesses on both sides the chance to branch out to a completely new market; it will save European companies 1 billion euro in duties every year and turbo-boost the trade we already do together. More than anything, our agreement shows that trade is about more than quotas and tariffs, or millions and billions. It is about values, principles and fairness. It makes sure that our principles in areas such as labour, safety, climate and consumer protection are the global gold-standard. This only happens when you work with the most natural of partners, separated by thousands of kilometres but united in friendship and values.

Cecilia Malmström, Commissioner for Trade, said: “This agreement has it all: it scraps tariffs and contributes to the global rulebook, whilst at the same time demonstrating to the world that we both remain convinced by the benefits of open trade. As of 1 February, European companies will benefit from removed tariffs and simplified customs procedures. Our manufacturers, our service providers, our tech start-ups and our farmers all have something to celebrate. I am also proud that we have locked in our Paris climate deal commitments into a trade agreement for the first time, as well as setting high standards for workers’ rights and consumer protection. The stage is set for a significant boost in trade between us, which in turn creates jobs and lowers prices. It is now up to businesses and individuals to make the very most out of these new trade opportunities. We also count on all EU Member States to spread this message far and wide.

The Economic Partnership Agreement removes the vast majority of the €1 billion of duties paid annually by EU companies exporting to Japan. Once the agreement is fully implemented, Japan will have scrapped customs duties on 97% of goods imported from the EU.   The agreement also removes a number of long-standing non-tariff barriers, for example by endorsing international standards on cars. It will also break down barriers for key EU food and drink exporters to 127 million Japanese consumers and will increase export opportunities in a range of other sectors. Annual trade between the EU and Japan could increase by nearly €36 billion once the agreement is implemented in full.

The EU and Japan have agreed to set ambitious standards on sustainable development, and the text includes for the first time a specific commitment to the Paris climate agreement.

The key parts of the Economic Partnership Agreement

With regards to agricultural exports from the EU, the agreement will, in particular:

  • scrap Japanese duties on many cheeses such as Gouda and Cheddar (which currently are at 29.8%) as well as on wine exports (currently at 15% on average);
  • allow the EU to increase its beef exports to Japan substantially, while on pork there will be duty-free trade in processed meat and almost duty-free trade for fresh meat;
  • ensure the protection in Japan of more than 200 high-quality European agricultural products, so called Geographical Indications (GIs), and the protection of a selection of Japanese GIs in the EU.

The agreement also secures the opening of services markets, in particular financial services, e-commerce, telecommunications and transport. It furthermore:

  • facilitates to EU companies access to the procurement markets of 54 large Japanese cities, and removes obstacles to procurement in the economically important railway sector at national level;
  • addresses specific sensitivities in the EU, for instance in the automotive sector, with transition periods of up to 7 years before customs duties are eliminated.

The agreement also includes a comprehensive chapter on trade and sustainable development; includes specific elements to simplify for small and medium-sized businesses; sets very high standards of labour, safety, environmental and consumer protection; strengthens EU and Japan’s commitments on sustainable development and climate change and fully safeguards public services.

Concerning data protection, the EU and Japan adopted decisions on 23 January of this year to allow personal data to flow freely and safely between the two partners. They agreed to recognise each other’s data protection systems as ‘equivalent’, which will create the world’s largest area of safe data flows.

As of 1 February, a large part of another agreement – the Strategic Partnership Agreement between the European Union and Japan – also applies on a provisional basis.  This Agreement, which was signed in July of last year together with the Economic Partnership Agreement, is the first-ever bilateral framework agreement between the EU and Japan and strengthens the overall partnership by providing an overarching framework for enhanced political and sectoral cooperation and joint actions on issues of common interest, including on regional and global challenges. The Agreement will enter into force once it has been ratified by all EU Member States.

Next steps

The Economic Partnership Agreement is now in force. To take stock of the initial months of implementation, the first EU-Japan committee meeting will be convened in April 2019 in Brussels.
On the parallel issue of investment protection, negotiations with Japan continue on standards and investment protection dispute resolution, with a meeting of Chief Negotiators scheduled for March. The firm commitment on both sides is to reach convergence in the investment protection negotiations as soon as possible, in light of their shared commitment to a stable and secure investment environment in Europe and Japan.

For more information

MEMO on the Economic Partnership Agreement

Dedicated website including:

  • Factsheets:
  • Infographics:

Factsheet on the Strategic Partnership Agreement

Social media: @Trade_EU

IP/19/785

Press contacts:

Continue Reading

Font Resizer

Subscribe to PICANTE via Email

Enter your email address to subscribe to PICANTE and receive notifications of new posts by email.

Follow us on Facebook

Read more from our authors

Croatia2 days ago

ISABS: Personalized Medicine Conference With Nobel Laureates to Be Held in Split, Croatia

Computer Electronics2 days ago

Lead5 Exposes Hidden Executive Jobs, Opening New Doors for Talented Executives

Banking & Financial Service3 days ago

NetCents Technology Eliminates Blockchain Transaction Delays With Zero Confirmation and Risk Analysis

Brazil3 days ago

Brazilian Enterprises See Digital Transformation as a Way to Better Engage with Customers

Asia3 days ago

OKEx Revisited Bangkok After Launch of Thai Baht Trading

Banking & Financial Service3 days ago

Bitstop Unveils Next Generation Bitcoin ATM at EuroCIS Conference

Latest News3 days ago

UltraSoC extends on-chip analytics architecture for the age of machine learning, artificial intelligence and parallel computing

Latest News3 days ago

Malta AI & Blockchain Summit handing out 100 free booths to startups

Latest News3 days ago

T-Mobile Austria deploys TEOCO’s SmartCM to improve network operations

European Commission Press Releases3 days ago

Transparency: Parliament, Commission and Council held a third round of talks on the proposal for a mandatory Transparency Register

European Commission Press Releases3 days ago

Fair labour mobility: Commission welcomes agreement on the European Labour Authority

European Commission Press Releases3 days ago

Digital Single Market: EU negotiators reach a breakthrough to modernise copyright rules

European Commission Press Releases3 days ago

Commission welcomes European Parliament’s support for investment screening framework

European Commission Press Releases3 days ago

Digital Single Market: EU negotiators agree to set up new European rules to improve fairness of online platforms’ trading practices

Accounting News & Issues3 days ago

PremFina to Become Official Sponsor of Cultural Awareness Network iCAN

Asia3 days ago

JET8 Launches World’s First Social Wallet

Accounting News & Issues3 days ago

Cryption SMS Are Proving Crypto Isn’t Such a Volatile Market

Banking & Financial Service3 days ago

Webinar: The State of Digital Currencies with Grayscale Investments

Computer Electronics3 days ago

Major New Legal Industry Study Reveals State of Artificial Intelligence in Contract Analytics

Banking & Financial Service3 days ago

NetCents Technology Eliminates Blockchain Transaction Delays With Zero Confirmation and Risk Analysis

Art4 days ago

Artprice: Top 20 Photographers by 2018 Auction Turnover

Asia4 days ago

Industry Leaders to Converge in Hong Kong to Discuss Digital Assets and Blockchain Applications at the HashKey International Digital Asset Summit 2019

Banking & Financial Service4 days ago

Bitcoin IRA Adds Digital Gold To Its Self-Trading Retirement Platform

Banking & Financial Service4 days ago

PitchBook Survey Finds Only 38% of Venture Capital Investors Currently Use Data to Source and Evaluate All Investments Opportunities

Computer Electronics4 days ago

Cerebri AI Partners with Microsoft on Prescriptive Customer Analytics for Fortune 500

Latest News1 week ago

Rolls Royce and Tudor Tech sign up to the Defence Aviation Safety Conference

African American2 weeks ago

Alfred Street Baptist Church Awards Howard University $100K To Pay Off Student Tuition and Fee Balances

African American2 weeks ago

The HistoryMakers Kicks Off Black History Month on PBS

Banking/Financial Services2 weeks ago

Wirecard Enables Mobile Payments via Alipay at Stockmann, the Leading Luxury Fashion Department Store Chain in the Baltics

Automotive3 weeks ago

TrueCar Receives Two “Top Rated” DrivingSales Dealer Satisfaction Awards

Art2 weeks ago

David Beckham’s luxury men’s grooming brand HOUSE 99 is celebrating its first anniversary

Analysis3 weeks ago

750,000+ Celebrate the Future of the Mobility Industry at 2019 NAIAS

Automotive3 weeks ago

Gubagoo Wins “Top Rated” DrivingSales Dealer Satisfaction Award for Fourth Consecutive Year

Internet Technology4 weeks ago

Researchers publish a tool to hunt for hackable robots on the Internet

Food & Beverages3 weeks ago

Plant-Based Foods of Canada Welcomes Canada Food Guide Focus on Plant-based Proteins

Aerospace3 weeks ago

Spotlight Labs Introduces SPYDR® Hypoxia Sensor Device

Consumer & Cosmetics4 weeks ago

Malaysia Halal Expo 2019 (MHE 2019) Targets Tokyo Olympics

Contracts4 weeks ago

Second IFL Team Adopts Imagination Park’s Augmented Reality Solution

Advocacy Group Opinion2 weeks ago

Global campaign offers Pope Francis $1 million to try vegan for Lent to save the planet

Acquisitions4 weeks ago

Thor Industries Provides Update On Erwin Hymer Group Acquisition

Corporate Expansion3 weeks ago

Adventure Awaits At Upscale Boutique Hotel Near Rocky Mountain National Park

Blockchain1 week ago

Emmy Nominated, National Geographic filmmaker joins blockchain group PO8

Europe3 weeks ago

Mytaste Group AB signs agreement with, igaming affiliate supplier voonix.net

Awards3 weeks ago

Don Morphy Wins 2019 Fashion Group International Rising Star Award In Menswear

Blockchain4 weeks ago

Community Brands Supports Florida Technology and Innovation at Synapse Summit

Acquisitions3 weeks ago

Sentry Energy Solutions Acquires Himarc Environmental Solutions

Computer Electronics4 weeks ago

New Study by Schneider Electric Reveals Tangible Benefits for Businesses and Organisations Globally When They Lead With Digital Transformation in Energy Management and Automation

Latest News4 weeks ago

MYCOM OSI to Unveil the Assurance Cloud™ at MWC 2019

Acquisitions4 weeks ago

Objectway Acquires Algorfin From Unione Fiduciaria

Food & Beverages3 weeks ago

The Power Of The Bagel: Go Dairy-Free At Einstein Bros. Bagels

Follow our Tweets

Trending

Please turn AdBlock off