Hearing of Commissioner-designate Valdis Dombrovskis
European Parliament, Brussels
7 November 2024
17:43
Today, the European Parliament’s Committee on Economic and Monetary Affairs (ECON) held a hearing with Valdis Dombrovskis, Commissioner-designate for Trade.
Dombrovskis presented his vision for EU trade policy, highlighting the importance of promoting fair and sustainable trade, strengthening the EU’s economic resilience, and supporting the EU’s green and digital transitions.
In his opening statement, Dombrovskis emphasized the need for the EU to remain a global leader in trade, while also ensuring that trade benefits all citizens. He said, “We must make sure that trade supports our values and contributes to our sustainable development goals.”
He also stressed the importance of diversifying the EU’s trade partners and reducing dependency on certain countries. “We need to explore new markets and strengthen partnerships with like-minded countries,” he said.
During the hearing, Dombrovskis faced questions from MEPs on a wide range of trade-related issues, including:
- The impact of the EU’s trade policy on jobs and workers’ rights
- The EU’s approach to trade with China
- The role of trade in addressing climate change and environmental degradation
- The EU’s trade defense instruments
- The future of the World Trade Organization
Dombrovskis responded to each question in detail, outlining his plans for addressing these issues. He emphasized the importance of dialogue and cooperation with all stakeholders, including businesses, trade unions, and civil society organizations.
The hearing lasted for approximately three hours and was followed by a vote by the ECON Committee. The committee voted in favor of recommending Dombrovskis’s appointment to the full Parliament.
The full Parliament is expected to vote on Dombrovskis’s appointment in the coming weeks. If approved, he will take office as Commissioner for Trade on 1 December 2024.
Additional information:
- Valdis Dombrovskis is a Latvian politician who has served as Prime Minister of Latvia and Vice-President of the European Commission. He is a member of the European People’s Party (EPP).
- The Commissioner for Trade is responsible for developing and implementing the EU’s trade policy. The position is currently held by Phil Hogan.
- The Committee on Economic and Monetary Affairs (ECON) is responsible for overseeing EU economic and financial policies, including trade policy. The committee is chaired by Irene Tinagli (S&D).
Press release – Hearing of Commissioner-designate Valdis Dombrovskis
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