British PM quotes BusinessEurope in Davos speech

The British Prime Minister David Cameron met BusinessEurope President Emma Marcegaglia today in Davos. In his speech at the World Economic Forum David Cameron also referred to CBI, and to BusinessEurope launching recommendations for a new industrial compact on 28 January at BusinessEurope Day. “Their message is clear. Act now to seize the opportunities of re-shoring. Deal with our debts. Roll back the unnecessary regulation. And embrace the opportunities of shale gas” – David Cameron said. 

President Emma Marcegaglia and Director General Markus J. Beyrer met UK Prime Minister David Cameron to discuss industrial competitiveness and the necessary conditions to ensure a re-shoring of jobs and activities in the EU. Mr Cameron shares BusinessEurope’s views that the EU needs to enhance its global competitiveness to attract investment and generate growth and jobs. High energy costs, excessive regulatory burdens and lack of certain skilled workers are among the issues the EU needs to address to foster investment and innovation. BusinessEurope also attended a meeting with USTR Michael Froman, Trade Commissioner Karel De Gucht and EU Ambassador to the US, J. Vale de Almeida, organised by the Transatlantic Business Council, to discuss TTIP. Among the key messages: the need for business from both sides of the Atlantic to step up and defend the benefits of the EU-US agreement against a background of growing public criticism. BusinessEurope restated its strong support for the conclusion of an ambitious and comprehensive agreement that can generate new business opportunities, more growth and jobs in the EU as well as in the US.