Committee on International Trade Ordinary meeting Joint meeting Committee on Industry, Research and Energy Committee on the Internal Market and Consumer Protection HEARING
2 September 2026
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INTA European Parliament
Follow its sittings03:45 - 04:45
Speaker 1
OK, dear colleagues, please take your seats. OK, dear colleagues.
04:45 - 07:59
Speaker 2
So, we have a public hearing today about the Industrial Accelerator Act. An important legislation for the European Union. And this is dealt on a joint base between three committees, and therefore we have also a common jointly hearing between the Committee of Industry, Research and Energy, the Committee of Internal Market and the Committee of Consumer Protection. And I welcome also the chair of the Industry Committee here with me and the chair of the Internal Market as well. Welcome.
And there is an agenda and I have so far no objection to the agenda, so the agenda is adopted. And point two, chair's announcement, just saying that this is a meeting which is webstreamed. And I can imagine that all over the world there will be some interested people listening and looking to this.
And as usual, I say welcome from Lüneburg to Ljubljana and from Tallinn to Thessaloniki, and of course to all the guests overseas. We have an interpretation, and please speak in a proper manner so that the interpretation can work also for the other members and the guests. There, point three is the adoption of the minutes from the meeting of the 2nd of June. And this minutes will be approved until there are no objections until the end of this meeting. And then we switch to point four, the main item, the public hearing on that.
We have indeed some different parts of the hearing and of course also different chairmanship between the three chairs. I start, and therefore I'm really happy that we can have a deeper view on this important legislation. And I'm also quite convinced that this legislation is not only relevant for the internal discussion here at us, but also regarding our trading partners, regarding the partners worldwide.
And let me just mentioning South Africa producing a lot of goods to the European market. And of course we have just had some trade agreements with them and they are producing cars for European market. And of course we have to reflect how this legislation will impact their production as well. So a lot of issues internally and externally. And I'm happy that we can discuss this today with some experts.
And I give now the floor to the ITRE chair for some introductionary remarks.
07:59 - 10:01
Speaker 3
Thank you chair for this opening remarks and welcome the four experts of the first panel on Made in EU in a globalized trade system. Note that the first panel will focus on a broader Made in EU framework and foreign direct investment conditionality.
It will explore how the Union can design credible origin requirements and investment screening mechanisms that effectively reduce strategic dependencies while ensuring that the Industrial Accelerator Act keeps providing incentives to attract foreign direct investment. We have approximately 80 minutes for this panel. We will start with the experts, seven minutes each, followed by the rapporteurs and shadows from our three committees, who will have priority, as well as the ENVI rapporteur for opinion. After the four experts' presentation and three co-rapporteurs, two minutes each, I will invite the shadows from all three lead committees, one minute each, as well as the opinion-giving committee rapporteur, two minutes, followed by answers from the four experts, five minutes each. I invite all other members who want to take the floor under catch-the-eye, time permitting, to put their nameplates vertically in their holders.
I want to remind everyone to please stick to the allotted time. So first, I'm giving the floor to Mr. Sander Tordoir, Chief Economist, Center for European Reform.
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