EU Summit Delivers ‘Buy European’ Agreement for Industrial Sovereignty

European leaders reached consensus on implementing “Buy European” policies during their competitiveness summit in Belgium’s countryside. The gathering addressed Europe’s position relative to global powers through strategic sector protection measures.
Costa confirmed broad agreement on protecting defense, space, clean tech, quantum, artificial intelligence, and payment systems through proportional and targeted European preference. This represents recognition that strategic sectors require protection against unfair international competition.
Von der Leyen promised March action plan encompassing regulatory simplification, EU Inc company law, capital market integration, and energy price reductions. The comprehensive package addresses multiple competitiveness constraints through coordinated EU-level and national initiatives.
The summit incorporated Draghi and Letta’s reports highlighting Europe’s precarious position. Draghi’s declaration that the current economic world order is “dead” and warnings about subordination, division, and deindustrialization influenced strategic thinking.
French President Macron and German leader Merz demonstrated unity despite policy differences. While sharing urgency about European action, they diverge on European preference scope and trade approaches, particularly regarding the Mercosur agreement with South American nations.