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The Industrial Accelerator Act will be a key test of whether the EU can strengthen industrial competitiveness while advancing decarbonisation. With significant pressure already weighing on businesses in Europe, from high energy costs and supply chain disruptions to unnecessary red tape and intensifying global competition, getting that balance right matters. If Europe fails to send clear signals that it remains a predictable place to invest, capital will go elsewhere.

AmCham EU supports the objectives of the IAA, but its success will depend on how it is designed. A central question in the debate is how ‘European preference’ should be approached. Strengthening Europe’s economic resilience and security is a legitimate objective. However, an approach that creates uncertainty for companies from partner countries, particularly by leaving key decisions to secondary legislation, risks undermining investment and limiting access to the technologies needed for the transition.

The focus should instead be on providing clarity early and rewarding companies that create real EU-added value through manufacturing, R&D, skills and emissions reductions. Learn more in our full paper.

From Monday, 13 to Wednesday, 15 April, AmCham EU travelled to Helsinki for a series of meetings with Finnish stakeholders on the future of EU environment policy. In discussions with representatives from the Finnish Ministry of Economic Affairs and Employment, the Ministry of the Environment, the European Chemicals Agency and Members of the Finnish Parliament, the delegation examined how the EU can pursue its environmental objectives and support competitiveness by delivering long-term simplification in environmental policies.

Across the meetings, one theme was evident. Europe’s environmental legislation must be more coherent and efficient across the Single Market. Members emphasised that simplification is not about lowering standards, but about avoiding unnecessary complexity while preserving a high level of environmental and human health protection and building the business case for investment in sustainable frameworks such as Circular Economy. As the EU takes forward its next environment policy initiatives, the priority should be a framework that combines ambition with legal certainty, supports investment and delivers practical outcomes across Europe.

The EU proposed the Foreign Subsidies Regulation (FSR) in 2021 to address foreign subsidies distorting the Single Market. Operating as a screening instrument behind merger control, it requires companies to notify the European Commission of foreign financial contributions (FFCs) they may receive when participating in public procurement or mergers and acquisitions activity. Preventing FFCs from distorting the Single Market is an important goal – and one that must be achieved without creating its own disruptions.