France says EU’s ‘Made in Europe’ law should not include the UK
Summary
France wants the European Union’s “Made in Europe” law to exclude the UK. The law would favor European companies when governments buy low-carbon technologies and electric cars, but the UK’s role is still being debated among EU countries.Key Facts
- The EU is creating the Industrial Accelerator Act to support European products in areas like renewable energy and electric cars.
- France wants a strict rule that only companies from the EU27 countries qualify for the “Made in Europe” label.
- France’s ministers said the UK left the EU and should not get the same benefits or protections under this law.
- Germany and Nordic countries prefer a broader definition that could include the UK and other partners based on fair trade.
- The debate affects EU-UK trade relations and the timing of a planned EU-UK reset summit set for 2026.
- British officials hope the summit will happen in November 2024, but EU budget talks might delay it.
- EU leaders see the “Made in Europe” agreement as important but say the EU27 must agree first.
- Some EU diplomats warn it is risky for the UK to demand a deal before the EU finalizes its rules.
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