Communication from the Commission to the European Parliament, the Council, the European Economic and Social Committee and the Committee of the Regions - Proposal for a Community Lisbon Programme 2008 - 2010
Date: 2007-12-11
Institutions: European Commission
Subjects: EU action, EU programme, development policy, economic growth, employment policy, knowledge economy, labour market, small and medium-sized enterprises, sustainable development

COMMISSION OF THE EUROPEAN COMMUNITIES 

Brussels, 11.12.2007 
COM(2007) 804 final 

COMMUNICATION FROM THE COMMISSION TO THE EUROPEAN 
PARLIAMENT, THE COUNCIL, THE EUROPEAN ECONOMIC AND SOCIAL 
COMMITTEE AND THE COMMITTEE OF THE REGIONS 

Proposal for a Community Lisbon Programme 2008 - 2010 

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TABLE OF CONTENTS 

1. 

2. 

3. 

3.1. 

3.2. 

3.3. 

3.4. 

4. 

5. 

Introduction: towards a new Community Lisbon Programme (CLP).......................... 3 

Strengthening and renewing the CLP .......................................................................... 3 

10 Key objectives for the new CLP in the Four Priority Areas ................................... 4 

Investing in people and modernising labour markets .................................................. 5 

Unlocking business potential, especially of SMEs ...................................................... 7 

Investing in knowledge and innovation ....................................................................... 9 

Energy and climate change ........................................................................................ 11 

The external agenda ................................................................................................... 13 

Ensuring the delivery of the CLP............................................................................... 14 

ANNEX.................................................................................................................................... 16 

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1. 

INTRODUCTION: TOWARDS A NEW COMMUNITY LISBON PROGRAMME (CLP) 

A close partnership between Member States and the Community is at the heart of the renewed 
Lisbon Strategy for Growth and Jobs. Whilst Member States implement their policies under 
the  National  Reform  Programmes,  additional  Community  level  policy  actions  are 
essential  to  complement  and  strengthen  national  actions.  Community  level  actions  for 
example can provide a common legal and/or policy framework; they help provide policy co-
ordination  with  Member  states;  moreover  the  Community  directly  plays  a  role  in 
supplementing  the  resources  of  disadvantaged  regions  and  Member  states,  e.g.  through  the 
Cohesion  policy  programmes.  Progress  in  creating  the  right  framework  conditions  both  at 
Member State and Community level is needed to significantly boost growth and jobs in the 
EU. 

This  Communication  proposes  the  Community  Lisbon  Programme  (CLP)  for  the  period 
2008-2010  setting  out  in  a  way  similar  to  a  Member  State  national  reform  programme,  the 
key  Community-level  measures.  The  proposal  for  a  new  CLP  is  based  on  the  integrated 
guidelines and rests on the four priority areas defined by the 2006 Spring European Council. 
It integrates the actions to be undertaken at Community level for the next cycle, as proposed 
in  the  Commission's  Strategic  Report  for  adoption  at  the  2008  Spring  European  Council.  It 
sets out a series of ambitious but realistic actions that should be achieved at the Community 
level by 2010. There is a need for a concerted political drive by all the EU institutions to reach 
agreement on these measures in the next three years to boost growth and jobs. 

2. 

STRENGTHENING AND RENEWING THE CLP 

The  first  Community  Lisbon  Programme  for  2005-2008  generated  significant  results.  For 
example,  progress  has  been  made  towards  improving  the  legal  framework  of  the  single 
market,  through  the  adoption  of  the  services  directive  and  the  implementation  of  the 
Financial  Services  Action  Plan.  The  Commission  has  also  driven  forward  its  better 
regulation agenda to cut unnecessary costs and remove obstacles to innovation. Substantially 
greater amounts of Community funding have been made available for growth and jobs. The 
new  regulatory  framework  for  the  Cohesion  policy  programmes  will  make  some  € 210 
billion  available  for  investment  in  growth  and  jobs  over  2007-13,  an  increase  of  over  25% 
compared to 2000-06. Overall over 87 actions of the 102 announced in the original 2005 CLP 
had been delivered by mid-2007. Substantial efforts have also been made by the Council and 
the  European  Parliament  to  speed  up  inter-institutional  decision-making.  Of  18  legislative 
actions  in  the  inter-institutional  decision-making  process  identified  in  the  2006  CLP 
Implementation Report, some 10 have been adopted by Council and Parliament1. 

While there have been a number of successes, the 2005-2008 CLP did not always provide a 
strong  enough  framework  to  fully  prioritise  CLP  actions  and  speed  up  their  adoption  and 
implementation.  The  CLP  was  often  perceived  as  the  reform  programme  of  the  European 
Commission  alone,  whereas  its  achievement  requires  the  full  engagement  of  all  the 
Community institutions and Member States.  

1 

“Community Lisbon Programme: Technical Implementation Report 2006” - SEC(2006) 1379. 

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The  new  CLP  for  the  2008-2010  cycle  aims  at  remedying  these  shortcomings.  The 
Commission  therefore  is  proposing  a  more  strongly  prioritised  programme  with  only  10 
key  objectives  that  can  be  delivered  during  the  period  2008-2010.  The  objectives  and  the 
accompanying proposed actions all: 

•  Demonstrate  considerable  Community-level  value-added  or  significant  synergies  with 

the policies of the Member States and/or other policies conducted at EU level. 

•  Show  significant  impacts  on  growth  and  jobs,  either  directly,  or  through  facilitating 

restructuring and adjustment. 

3. 

10 KEY OBJECTIVES FOR THE NEW CLP IN THE FOUR PRIORITY AREAS 

The  Commission  proposes  that  the  2008-2010  CLP  should  contain  ten  key  objectives  and 
corresponding actions based on the integrated guidelines and fully resting on the four priority 
areas. 

10 Key Objectives to be accomplished by 2010 

1. 

2. 

3. 

4. 

5. 

6. 

7. 

8. 

9. 

The Commission will propose a renewed Social Agenda by mid-2008 and will help 
to address the skills gap. 

The Commission will make proposals for a common policy on immigration in 2008.  

The Community will adopt a Small Business Act to unlock the growth potential of 
SMEs throughout their life-cycle.  

The Community will move  towards the target to reduce EU administrative burdens 
by 25 % by 2012 and implement an ambitious simplification programme.  

The Community will strengthen the single market, increase competition in services, 
and take further steps to integrate the financial services market.  

The  Community  will  make  a  reality  of  the  fifth  freedom  (the  free  movement  of 
knowledge) and create a genuine European Research area. 

The Community will improve the framework conditions for innovation. 

The Community will complete the internal market for energy and adopt the climate 
change package. 

The Community will promote  an industrial policy geared towards  more sustainable 
production and consumption.  

10. 

The Community will negotiate bilaterally with key trading partners to open up new 
opportunities for international trade and investment, and create a common space of 
regulatory provisions and standards. 

A  detailed  list  of  actions  is  provided  in  the  Annex  in  which  measures  are  divided  in  three 
categories: 

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•  Measures to be adopted by the European Commission.  

•  Measures to be adopted as priority action by other institutions. 

•  Measures still requiring implementation. 

This  categorisation  clearly  highlights  the  responsibilities  of  each  institution.  It  is 
proposed that these measures are prioritised by all EU Institutions. 

The  Commission  considers  that  the  full  implementation  of  the  CLP  would  make  a  major 
contribution to the success of the Lisbon Growth and Jobs strategy. An analysis of the longer 
term  impact  of  the  measures  included  in  the  CLP  suggests  that  their  implementation  could 
have a significant impact on the level of EU real GDP2. Since the CLP actions would work 
through  enhancing  productivity  and  competition  and  improving  adaptability,  this  would 
represent a permanent and sustainable increase in real GDP and jobs. 

In  order  to  support  the  different  Community  policies  outlined  under  the  four  priority  areas 
below, the Community’s own financial resources have been mobilised to focus on growth 
and  jobs,  improving  growth  catch-up  and  economic  adjustment  particularly  in  the  new 
Member  States  and  other  economically  disadvantaged  regions.  These  resources  include  the 
European  Cohesion  policy  programmes,  the  European  Agricultural  Fund  for  Rural 
Development  (EAFRD),  the  Lifelong Learning Programme, and the European  Globalisation 
Adjustment Fund. The Cohesion policy funds amount to some € 347 billion over 2007-2013 
and  EAFRD  to  some  € 91  billion.  The  earmarking  of  Structural  Funds  has  provided 
substantial  additional  financing  for  the  Growth  and  Jobs  Strategy.  To  increase  further  the 
leverage  effects  of  Community  spending,  the  focus  on  the  Lisbon  priorities  needs  to  be 
closely monitored and further strengthened if necessary in the 2010 mid-term reviews of the 
Cohesion  policy  programmes  and  EAFRD  through  more  refined  earmarking  in  those  areas 
showing the highest returns. Amongst the priorities are skills up-grading (including e-skills), 
education and training, critical infrastructure investments, leveraging private investment, and 
increasing participation in the information society. It is estimated that by 2015 some 2 million 
additional jobs will be generated due to the investment of the structural and cohesion funds3. 

3.1. 

Investing in people and modernising labour markets  

Objective  1:  The  Commission  will  propose  a  renewed  Social  Agenda  by  mid-2008, 
particularly  covering  education,  migration,  and  demographic  evolutions,  and  will  help 
to  address  the  skills  gap  by  improving  the  monitoring  and  forecasting  of  future  skills 
requirements.  

Investing more in education and skills is a precondition for a self-determined life of people. It 
is critical to Europe's success in the age of globalisation and it is also one of the most effective 
ways  to  assure  equal  opportunities  and  to  fight  vigorously  inequality  and  poverty. 

2 

3 

See  the  Staff  Working  Document  “Spillovers  and  complementarities  in  the  context  of  the  Lisbon 
Growth and Jobs Strategy including the economic effects of the Community Lisbon Programme” where 
it is estimated that the economic impact of the CLP measures would raise the level of the EU's real GDP 
by  up  to  2¾  percentage  points  by  2020.  However,  since  this  study  relies  upon  different  economic 
models,  methodologies,  data  sources,  and  assumptions,  caution  must  of  course  be  exercised  in 
interpreting the results. 
European Commission (2007): Fourth Report on Economic and Social Cohesion. 

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Demographic trends will further increase pressures on labour supply, skills gaps, and public 
welfare  budgets.  In  this  situation,  improving  education  and  skills  are  essential  both  for 
employability  and  social  cohesion.  A  renewed  Social  Agenda  is  needed,  focussing  on 
education,  migration,  and  demographic  trends,  to  ensure  a  Community-wide  perspective  in 
tackling these issues.  

Following up the “New skills for new jobs” initiative4, the Community can also contribute to 
improving  the  matching  of  labour  market  needs  and  addressing  the  skills  gap  through  the 
appropriate coordination of forecasting instruments to better anticipate EU-wide labour 
market  developments.  While  the  Community  has  already  launched  various  projects  to 
anticipate  labour  market  trends  and  skills  needs,  it  is  now  necessary  to  improve  the 
coordination  of  these  various  attempts  in  order  to  maximise  their  impact.  In  addition,  skills 
development will be supported by an EU-wide strategic framework for training policies and 
specific measures to ensure the quality of vocational training.  

In order to ensure a more efficient matching of labour market needs and tackle the skills gap 
problem, the Community must remove the significant regulatory barriers that currently exist 
to  the  single  labour  market.  The  most  important  include  the  insufficient  comparability  and 
recognition of qualifications and restrictions on the portability of pensions and social benefits. 
Removing these obstacles will complement Member States efforts to facilitate the better use 
of skills and eliminate skills mismatches.  

Actions: 

•  Propose a renewed Social Agenda by mid-2008. 

•  Enhance the transparency, recognition and comparability of qualifications and increase the 

portability of pensions and other social rights across the EU. 

•  Improve the capacity to anticipate EU-wide labour market trends and skills needs. 

Objective 2: The Commission will make proposals for a common policy on immigration 
in 2008. 

The Community also needs to develop a common policy on immigration to better respond to 
current  and  future  labour  market  needs.  Although  net  migration  to  the  EU  runs  at  over  1.5 
million a year, the majority of migrants tend to be in low skilled segments of the workforce. 
To  meet  the  increasing  demand  for  higher  skilled  workers  whilst  avoiding  a  patchwork  of 
inefficient and competing Member state schemes, a common policy on economic migration is 
essential.  Improving  the  skills-mix  of  EU  migrants  will  improve  their  contribution  to  the 
needs of the EU labour market and help reduce skills shortages. The Commission has already 
made  initial  proposals,  including  covering  highly-qualified  migrants  to  the  EU  through  the 
“blue  card”  scheme.  The  Commission  will  further  comprehensive  proposals  for  a  common 
policy on immigration in 2008. 

4 

"New skills for new jobs", Conclusions of the Education Council of 15 November 2007. 

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Action: 

•  Move towards adopting a common policy on immigration that responds to the needs of the 

EU labour market, including a “blue card” scheme to attract highly-skilled workers. 

3.2. 

Unlocking business potential, especially of SMEs 

Objective  3:  The  Community  will  adopt  a  Small  Business  Act  to  unlock  the  growth 
potential of SMEs throughout their life-cycle.  

The Community should by 2010 unlock the growth and jobs potential of SMEs that make 
up  more  than  99%  of  all  firms  and  employ  67%  of  the  EU’s  workforce.  Whilst  many  CLP 
actions  will  also  assist  SMEs,  it  is  necessary  specifically  to  address  their  relative  lack  of 
access  to  the  internal  and  export  markets  and  to  reduce  administrative  burdens.  The 
Community  will  therefore  design  and  implement  a  “Small  Business  Act”  setting  out  the 
principles  and  concrete  measures  to  support  SME  throughout  their  life-cycle  and  notably 
through  a  special  private  company  statute  adapted  to  SMEs  needs;  exemptions  from 
burdensome legal requirements (e.g. the collection of statistics and documentation, VAT, and 
accounting  requirements);  easier  access  to  risk  capital;  protecting  their  ideas;  support  for 
recruitment  and  retraining  of  staff,  facilitating  their  participation  in  public  tenders  and  in 
R&D  programmes;  closer  links  with  universities  and  research  centres;  facilitating  their 
transfer and providing entrepreneurs with a new chance in case of business failure. 

Actions: 

•  Adopt a European Small Business Act setting out the principles and concrete measures to 

support SMEs throughout their life-cycle. 

•  Undertake a specific screening of the acquis communautaire from an SME perspective and 
introducing  exemptions  from  administrative  requirements  of  EU  legislation  wherever 
possible.  

Objective 4: The Community will move towards the target to reduce EU administrative 
burdens by 25% by 2012 and implement an ambitious simplification programme. 

The  Community  will  complete  its  comprehensive  review  of  the  Community’s  legislative 
acquis  in  order  to  simplify  and  to  remove  unnecessary  burdensome  requirements  on 
legislation's  original  objectives.  This  work  will 
businesses  whilst  maintaining 
complement  the  efforts  of  Member  States  to  achieve  their  commitments  to  reduce 
administrative  burdens  by  25%  by  2012.  Reducing  administrative  burdens  will  allow  firms, 
especially  SMEs,  to  increase  internal  funds  for  investment  and  will  improve  incentives  for 
adaptability  and  innovation.  In  pursuing  simplification  policies,  the  Community  will  fully 
respect the principle of subsidiarity and the "think small first principle".  

the 

Actions: 

•  Ensure  the  full  implementation  of  the  rolling  simplification  programme  for  existing 
Community legislation to remove unnecessary burdensome requirements on businesses. 

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•  Ensure  the  full  implementation  of  the  Action  Programme  for  reducing  administrative 
burdens  related  to  EU  legislation.  All  Fast  Track  Actions  scheduled  for  2007  should  be 
finalised by the 2008 Spring European Council. 

Objective 5: The Community will strengthen the single market, increase competition in 
services, and take further steps to integrate the financial services market.  

There is clear evidence that competition in services is lower than in EU goods markets. The 
Community  needs  to  stimulate  competition  and  increase  efficiency  to  ensure  that  the  single 
market  for  the  services  sector  becomes  a  reality.  The  comprehensive  and  timely 
implementation of the services directive by Member States with Commission support will be 
important.  It  will  considerably  facilitate  the  establishment  of  service  providers  and  the  free 
provision of services by reducing administrative burdens and removing existing barriers. This 
will improve market access for businesses, in  particular  SMEs  and  increase both the choice 
for  consumers  and  their  access  to  services.  Timely  standardisation  and  interoperability  are 
important issues in the single market, especially for ICT goods and services. In this context 
competition policy can play a complementary role.  

rail, 

services, 

financial 

electricity/gas, 

Analysis undertaken by the Commission, including for the Single Market Review, shows that 
there  are  a  number  of  key  network  industries  and  services  that  require  particular  attention, 
including  postal 
electronic 
communications,  and  the  retail  and  wholesale  industries.  Consequently,  the  Community 
should  strengthen  single  market  policy  and  the  enforcement  of  competition  policy  with 
the  aim  of  increasing  productivity  and  reducing  prices  for  consumers,  whilst  ensuring  the 
provision of services of general interest. For that purpose, the Community needs to enhance 
its market  monitoring  of  key  sectors  including  effects  on  consumers  and  use  all  available 
tools,  including  a  consumer  scoreboard  to  allow  the  long  term  monitoring  of  consumer 
markets. More effort is also needed to enforce existing legislation to ensure transparency and 
guarantee  genuine  choice  for  consumers  and  other  purchasers.  Overall,  improving 
competition and efficiency in services would improve competitiveness throughout the whole 
economy.  

services, 

Further  Community  efforts  are  also  needed  to  integrate  the  European  financial  services 
market in order to ensure that the full benefits accrue from the introduction of the euro and to 
provide  financial  services  users  with  a  wider  range  of  less  expensive  products  with  a  high 
level  of  consumer  protection.  Despite  the  success  of  the  Financial  Services  Action  Plan 
(FSAP), some segments of the EU financial system still remain fragmented. The Single Euro 
Payments  Area  still  needs  to  be  established,  barriers  need  to  be  removed  for  greater  cross-
border  activity  and  competition  in  retail  financial  services,  and  the  single  framework  for 
wholesale and investment markets still needs completion and implementation.  

Cross-border arrangements  for financial supervision and crisis management also urgently 
need to be strengthened to reflect increased turmoil in financial markets and rising instability. 
Through more efficient financial intermediation, the single market for financial services could 
simultaneously reduce the cost of capital for borrowers and raise the rate of return for savers 
through  more  efficient  financial  intermediation.  An  efficient  financial  market  is  particularly 
important for the Member States belonging to the euro-area since it facilitates adjustments and 
reallocation of resources and increasing their robustness to economic shocks. 

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Work  will  continue  to  reduce  compliance  costs  resulting  from  the  tax  fragmentation  of  the 
internal market in particular for SMEs, as well as to allow companies to choose an EU-wide 
tax base.  

Actions: 

•  Strengthen  the  single  market  and  competition,  enhance  sectoral  market  monitoring,  and 
improve  regulation  where  necessary,  notably  focussed  on  key  services  and  network 
industries. 

•  Ensure the comprehensive and timely implementation of the Service Directive. 

•  Ensure  the  achievement  of  the  Single  Euro  Payment  Area  and  remove  barriers,  increase 
competition  in  retail  financial  services,  and  consolidate  the  single  framework  for  cross-
border wholesale markets and investment business.  

•  Strengthen  the  existing  supervisory  arrangements  and  make  progress  on  developing 

appropriate tools for cross-border crisis management of EU financial institutions. 

3.3. 

Investing in knowledge and innovation 

The Community will make a reality of a "fifth freedom" – the free movement of knowledge 
completing  the  four  freedoms  of  movement  of  goods,  services,  people  and  capital.  The 
realisation  of  this  "fifth  freedom",  through  establishing  a  European  Research  and  Higher 
Education Area and improving the key framework conditions for innovation, is necessary to 
overcome the fragmentation of national research and innovation policies. Only this can enable 
the  EU  to  attain  world-leading  research  performance  and  improve  attractiveness  for  private 
investment. 

Objective  6:  The  Community  will  make  the  "fifth  freedom",  the  free  movement  of 
knowledge, a reality and create a genuine European Research area. 

In order to make the "fifth freedom", the free movement of knowledge, a reality and create a 
genuine European research area and in partnership with Member States, all three components 
of  the  knowledge  triangle,  research,  innovation,  and  education,  need  to  be  strengthened5. 
Increased  pooling  of  research  resources  with  and  between  Member  States  on  a  variable 
geometry  basis  will  be  facilitated  by  joint  programming  and  by  the  development  of  a  legal 
framework  for  the  creation  and  operation  of  pan-European  research  infrastructures.  The 
development  of  a  Community  strategy  and  framework  for  international  science  and 
technology  co-operation  will  also  increase  EU  and  Member  state  co-operation  and 
international leverage. 

An effective European single labour market for researchers based on the idea of a "European 
passport"  should  be  established  which  will  improve  career  prospects  and  the  cross-border 
recruitment  and  mobility  of  researchers.  This  will  complement  Member  state  efforts  to 
strengthen and reform the higher education sector and will facilitate networking and enhance 
co-operation between universities, research organisations and business.  

5 

R&D/innovation was  a  key challenge  in  24  out  of 25  Member  state  National  Reform  Programmes  in 
2005. 

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The  European  Institute  of  Innovation  and  Technology  is  also  a  key  element  of  this  strategy 
integrating  education,  research  and  innovation.  In  this  way  it  will  become  a  model  for  the 
promotion of open innovation and knowledge sharing between public research organisations 
and industry. Overall, achieving a European Research Area will achieve economies of scale 
and scope, help allocate resources more efficiently, and result in substantial positive spillovers 
across borders for the benefit of all Member States.  

Actions: 

•  Pool R&D resources to ensure their more effective use, by agreeing by end 2008 areas for 

joint programmes and launching common calls for projects by end 2010. 

•  Improve  cross-border  mobility  and  career  prospects  of  researchers  based  on  a  European 

"passport”. 

•  Make the European Institute of Innovation and Technology fully operational.  

•  Launch  a  new  generation  of  world-class  research  facilities  by  drawing  up  by  end  2009 
roadmaps for the launch of the commonly agreed projects. For those projects of a global 
scale, launch a dialogue with interested international partners during 2008. 

Objective 7: The Community will improve the framework conditions for innovation, in 
particular for venture capital and intellectual property rights. 

The Community needs to improve the key framework conditions for innovation through the 
implementation  of  its  broad-based  innovation  strategy6.  This  includes  for  example  the 
development of lead markets in new technologies, strengthening the framework of intellectual 
property rights, and accelerating the setting of interoperable standards. 

In particular, the Community needs to create more favourable conditions for the financing 
of  innovation  to  facilitate  the  more  widespread  emergence  of  highly  innovative  SMEs  and 
facilitate  the  development  of  lead  markets  in  new  technologies  such  as  low  carbon 
technologies.  The  development  of  an  EU-wide  regime  for  venture  capital  is  a  key 
requirement.  The  Community  must  work  closely  with  Member  States  to  remove  existing 
regulatory and tax obstacles to cross-border investments by venture capital funds. It must also 
help to bridge the equity gap in terms of early stage risk-based financing. The SME guarantee 
programme  of  the  European  Investment  Fund  should  be  substantially  expanded  to  leverage 
micro-credit  and  mezzanine  finance7.  It  is  estimated  that  raising  the  EU  average  use  of 
venture capital to that of the current best performers would make available an additional € 20 
billion a year for venture capital investments.  

The  Community  must  also  work  to  improve  the  usage  and  protection  of  the  intangible 
assets, particularly intellectual property rights that also help leverage financing. The patenting 
system  in  the  EU  still  suffers  from  costly  and  burdensome  fragmentation  that  hampers  the 

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“A  broad-based  innovation  strategy:  nine  strategic  measures  for  innovation  action  at  the  EU  level”, 
Conclusions of the Competitiveness Council of 4 December 2006. 
The 2006 EIF programme amounted to just over € 2 billion, assisting some 180 000 SMEs throughout 
the EU. 

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transfer  and  dissemination  of  knowledge  and  innovation  across  the  EU8.  Increasing  its 
efficiency and enforcement secures returns on R&D investments, setting incentives for R&D 
activities,  financial  investments  and  the  commercialisation  of  innovations.  An  enhanced 
Community  system  for  patents,  including  the  creation  of  a  Community  patent  and  the 
improvement of the patent litigation system, would not only considerably decrease patenting 
costs but also provide more legal certainty.  

Actions: 

•  Promoting an EU-wide market for venture capital.  

•  Improve investment readiness and access to finance for SMEs.  

•  The creation of a Community patent and the improvement of the patent litigation system, 
substantially bringing down the cost of patent registration and increasing legal certainty. 

3.4. 

Energy and climate change 

Objective 8: The Community will complete the internal market for energy and adopt the 
climate change package in order to put in place the framework to achieve at least a 20% 
reduction  in  greenhouse  gas  emissions  and  reach  a  20%  renewables  energy  share  by 
2020. 

In the face of rising global competition for energy supplies and to achieve the ambitious 2020 
targets for reducing greenhouse gases and increasing the share of renewable energy, the EU 
needs to create a true EU-wide internal market for energy and a wide emissions trading 
scheme.  The  creation  of  an  internal  energy  market  will  increase  efficiency  and  improve 
energy security. Past liberalisation of national energy markets has not always created strong 
competition. The full implementation of existing legislation and the effective separation of 
generation and supply from networks operations are needed to further increase competition 
and efficiency by allowing market entry of new competitors. Furthermore, it is necessary to 
strengthen  the  independence  and  co-operation  of  energy  regulators  and  remove  technical 
barriers to market integration, notably through substantially strengthening the cross-border 
interconnection capacity with a view to making sufficient transmission capacity available to 
integrate  national  markets.  This  is  intended  to  create  real  incentives  for  the  € 1000  billion 
investment in new generation plants and better cross-border interconnections that are needed 
over  the  next  20  years.  The  internal  market  for  energy  will  need  to  be  complemented  by  a 
cost-effective  emissions  trading  scheme  to  ensure  the  achievement  of  the  2020  targets  for 
reducing greenhouse gas emissions and by a Community framework for the cost-effective 
development of renewable energies to reach a renewables energy share of 20% by 2020.  

8 

The average costs for processing and translation of patents in the EU is more than ten times higher than 
in the US and Japan.  

EN 

11 

   EN 

 
                                                 
Actions: 

•  Adopt  the  legislative  package  to  achieve  the  internal  electricity  and  gas  market  by  May 
2009,  in  order  to  create  an  internal  market  for  energy  favourable  to  competition  and 
investment,  strengthen  the  independence  and  co-operation  of  energy  regulators,  and 
remove technical barriers to market integration.  

•  Adopt  the  legislative  package  to  realise  the  EU's  targets  on  greenhouse  gases  and 

renewable energy by May 2009. 

Objective  9:  The  Community  will  promote  an  industrial  policy  geared  towards  more 
sustainable  production  and  consumption,  focusing  on  renewable  energies  and  low-
carbon and resource-efficient products, services and technologies.  

The European Council’s ambitious climate change targets for 2020 will require unprecedented 
investment  in  new  low-carbon  technologies  and  result  in  fundamental  changes  in  the  EU 
economy.  Strong  Community  action  is  needed  to  ensure  the  development  of  a  dynamic 
internal  market  for  environmental  technologies,  in  particular  low  carbon  and 
energy/resource  efficient  technologies.  Member  State  efforts  to  promote  these  industries 
inevitably  lack  the  scope  of  market  opportunities  and  economies  of  scale  that  could  be 
realised  through  the  development  of  a  truly  EU-wide  market  for  environmental  products, 
services,  and  technologies.  Success  therefore  requires  a  new  Community-wide  sustainable 
industrial strategy in order to lead the transition towards a low carbon and resource efficient 
economy9.  

New  markets  should  be  stimulated  through  the  implementation  of  lead  market  strategies  in 
areas  such  as  sustainable  construction,  recycling,  bio-based  products  and  renewable  energy. 
Such  strategies  would  boost  demand  for  environmental  technologies  yielding  significant 
environmental  and  economic  benefits.  They  would  also  include  the  early  development  of 
dynamic  EU  environmental  standards  for  the  single  market  resulting  in  subsequent 
competitiveness  gains  as  such  standards  become  accepted  internationally.  Other  instruments 
are  labelling  requirements  and  the  promotion  of  green  procurement.  Community  funds 
should  also  be  used  to 
the  research  and 
commercialisation of low carbon product and technologies, such as clean technology venture 
capital financing. Alongside the Emissions Trading Scheme, a review of the energy taxation 
directive  would  aim  at  ensuring  that  energy  taxation  is  a  more  effective  and  supportive 
instrument  of  the  EU  energy  and  climate  change  objectives  and  contributes  to  the  cost-
effectiveness  of  such  policies.  Furthermore,  the  possibility  of  using  other  fiscal  instruments 
including VAT to promote low energy products should be examined.  

leverage  private  sector  funding  for 

Actions: 

•  Establish an internal market for environmental technologies and promote the development 

of European lead markets for energy/resource efficient technology.  

9 

Commission Communication “Mid-term review of industrial policy: a contribution to the EU’s Growth 
and Jobs Strategy” - COM(2007) 374, 4.7.2007. 

EN 

12 

   EN 

 
                                                 
•  Review  the  energy  tax  directive  to  link  it  more  closely  to  the  EU’s  energy  and 

environmental objectives. 

•  Review  of  measures 

the  public  procurement  of  high-performance 
environmentally-friendly  products,  technologies  and  services,  including  with  regard  to 
buildings. 

to  strengthen 

4. 

THE EXTERNAL AGENDA  

Objective 10: Whilst working to conclude the Doha multilateral trade negotiations, the 
Community  will  negotiate  bilaterally  with  key  trading  partners  to  open  up  new 
opportunities  for  international  trade  and  investment,  improve  market  access  focussing 
on countries and sectors where significant barriers remain, and create a common space 
of regulatory provisions and standards. 

The Community is committed to further breaking down barriers to trade and investment and 
will  stand  firm  against  unfair  practises  in  trade  and  investment  and  against  distorted 
competition.  A  successful  completion  of  the  Doha  round  remains  the  best  way  of  ensuring 
this. All available instruments will be used to ensure that Europe’s openness is maintained and 
matched by increased access to third country markets. The Commission will report annually 
on market access activities, identifying countries and sectors where significant barriers remain 
and undertaking consultations with the countries concerned. Where problems remain, the use 
of Community trade instruments and/or WTO action will be considered. 

The Community is committed to shape globalisation with a view to maximising its benefits 
and  sharing  it  with  its  partners.  The  Community  needs  to  further  engage  with  key  trading 
partners,  including  neighbour  countries  and  the  emerging  economies  and  should  further 
promote regional economic integration with its neighbourhood. Bilateral trade agreements 
with  key  trading  partners,  including  neighbour  countries  (such  as  the  negotiations  on  an 
enhanced agreement with Ukraine) and the emerging economies, enable the EU to go beyond 
WTO  commitments  and  include  ambitious  provisions  for  regulatory  and  behind-the-border 
cooperation.  Bilateral  Free  Trade  Agreements  are  currently  under  negotiation  with  South 
Korea,  India,  and  the  ASEAN  countries,  with  others  planned  to  follow.  A  Partnership 
Agreement with China will improve market access for EU companies and promote regulatory 
convergence.  These  agreements  will  stimulate  international  trade  and  investment,  increase 
competition,  and  lower  consumer  prices.  Furthermore,  the  negotiations  for  association 
agreements  with  Mercosur,  the  Andean  Community  and  Central  America  contain  important 
parts  on  trade  and  other  economic  relations.  These  negotiations,  together  with  enhanced 
policy dialogues, can also contribute to further promoting sustainable development in partner 
countries, to promoting common values and internationally agreed social and environmental 
standards, including decent work. 

Establishing a stable common regulatory space with major trading partners such as the US 
(in  the  framework  of  the  Transatlantic  Economic  Council)  will  begin  a  process  towards  a 
harmonisation  of  regulations  and  standards  particularly  in  respect  of  new  technologies, 
ultimately benefiting all trading nations. This will significantly reduce costs for businesses by 
reducing  non-tariff-barriers  and  spur  trade.  Action  also  needs  to  be  taken  to  improve  the 
effectiveness  of  the  IPR  enforcement  system  against  counterfeiting.  Key  initiatives  are 
increased  co-operation  with  major  trading  partners  to  strengthen  customs  co-operation  and 
support enforcement in major source countries, such as through the  EU-US Action Strategy 

EN 

13 

   EN 

 
on IPR and the conclusion of the negotiations on a new Anti-Counterfeiting Trade Agreement 
(ACTA). 

Actions: 

•  Promote  ambitious  bilateral  agreements  with  important  trading  partners  and  promoting 
integration  with  neighbouring  and  candidate  countries  through  developing  a  common 
economic space. 

•  Potential  use  of  Community  trade  instruments  as  follow  up  to  the  Commission’s  annual 

reporting on market access. 

•  Fully develop the potential of the Transatlantic Economic Council and work with other key 
trading  partners  to  create  common  space  of  compatible  regulatory  provisions  and 
standards.  

•  Improve the effectiveness of the IPR enforcement system against counterfeiting, including 

through a multiparty Anti-counterfeiting Agreement (ACTA). 

5. 

ENSURING THE DELIVERY OF THE CLP 

The  CLP  presents  the  key  economic  reform  objectives  for  the  period  2008-2010  that  can 
make the greatest contribution to growth and jobs at Community level whilst supporting and 
complementing national efforts. This strategic agenda should guide the work of all of the EU 
institutions  on  the  Community  dimension  of  the  Growth  and  Jobs  strategy.  While  other 
measures  can  also  contribute,  the  CLP  actions  have  been  identified  as  the  most  urgent  and 
important for economic reform that can be achieved during the 2008-2010 period. To realise 
this, the Commission proposes two key elements for ensuring delivery: 

First,  it  is  essential  that  the  European  Parliament,  the  Council  and  the  European 
Commission  agree  on  the  strategic  reform  objectives  and  actions.  On  this  basis,  the 
European  Parliament  and  future  Council  Presidencies  should  be  invited  to  give  the  utmost 
priority to the Community Lisbon objectives and actions. 

Secondly, a close follow-up of the implementation of the CLP is indispensable to guarantee 
timely  delivery.  This  could  be  done  by  reporting  on  the  Community's  achievements  in  its 
economic reforms through an annual implementation report, assessing the extent to which 
the Community is successfully implementing the concrete measures outlined in the attached 
table. It would constitute an important input into the multilateral surveillance exercise in the 
autumn,  allowing  a  systematic  screening  of  progress  at  the  Community  level  alongside  the 
thematic assessment of reforms at Member State level. The European Parliament would also 
be  invited  to  review  progress.  This  would  feed  into  the  Commission's  Annual  Progress 
Reports which would advise on whether any updating of the Community Lisbon Programme 
is  required.  On  this  basis,  the  Spring  European  Council  should  take  stock  and  provide 
further direction, where necessary, as part of its annual overall assessment of the Growth and 
Jobs Strategy. 

EN 

14 

   EN 

 
The European Commission, therefore, invites: 

–  The  European  Parliament,  the  Council,  the  European  Economic  and  Social 
Committee  and  the  Committee  of  the  Regions  to  endorse  the  proposed  Community 
Lisbon Programme 2008-2010 in particular by:  

•  endorsing the 10 key objectives for Community action and the measures proposed 

under each objective; 

•  agreeing to review progress and providing guidance on an annual basis; 

•  prioritising the actions required to implement the 10 key objectives. 

EN 

15 

   EN 

 
Integrated 
Guidelines 
Number 

Key Objectives 

Measures to be adopted by the European Commission 

Measures to be adopted as priority action by other 
institutions (EP, Council) 

Measures to be implemented  

ANNEX  

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The  Commission  will  propose  a 
renewed  Social  Agenda  by  mid-
covering 
2008, 
education, 
and 
demographic evolutions, and help to 
address  the  skills  gap  by  improving 
the  monitoring  and  forecasting  of 
future skills requirements  

migration, 

Proposal  for  a  DIRECTIVE  on  Portability  of  pensions  - 
possible political agreement at the Council  
(end of 2007 ) 

Ensure progressive removal of transitional restrictions on the 
free  movement  of  workers  from  the  new Member  States (by 
2011) 

Revision  of  REGULATION  on  Portability  of  social  security 
rights  

(2nd half 2009 ) (cid:206)(cid:206)  

Projected adoption (2nd half 2010) 

Monitor  the  implementation  of  the  RECOMMENDATION 
OF  THE  EUROPEAN  PARLIAMENT  AND  OF  THE 
COUNCIL  on 
the  European 
Qualifications  Framework  for  lifelong  learning  (Projected 
adoption: February 2008): Member States are asked to relate 
national qualifications systems to the EQF by 2010 

establishment  of 

the 

RECOMMENDATION on EU-wide credit system transfer and 
accumulation systems for vocational training  

(March 2008) (cid:206)(cid:206)  

Projected adoption (March 2010) 

RECOMMENDATION  on  quality  assurance  in  vocational 
education and training  

(March 2008) (cid:206)(cid:206)  

Projected adoption (March 2010) 

implementation  of 
DIRECTIVE-  Monitoring 
Professional  Qualifications  Directive  –  Deadline 
implementation by Member States:20 October 2007 

the 

the 
for 

Ensure the implementation of the basic skills communication 
(by 2010) 

EU-wide  inventory  and  monitoring  system  for  on-going 
anticipation  of  future  skills  requirements  in  the  context  of 
"new  skills  for  new  jobs"  initiative  -Implementation  in  the 
course of 2008 and 2009 

Ensure  effective  implementation  of  the  Flexicurity  common 
principles including the review "flexicurity: 3 years after". 

EN 

16 

EN 

 
  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Integrated 
Guidelines 
Number 

Key Objectives 

Measures to be adopted by the European Commission 

Measures to be adopted as priority action by other 
institutions (EP, Council) 

Measures to be implemented  

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The  Commission  will  make 
proposals  for  a  common  policy  on 
immigration in 2008 

DIRECTIVE setting conditions of entry of seasonal workers  

(end 2008) (cid:206)(cid:206)  

Projected adoption (End 2010) 

Proposal for a DIRECTIVE Entry of highly skilled workers; 
"Blue Card" 

)
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5
1

The  Community  will  adopt  a  Small 
Business  Act  to  unlock  the  growth 
potential  of  SMEs  throughout  their 
life-cycle  

Measures following Communication on "Small Business Act"  

(May /June 2008) (cid:206)(cid:206)  

Projected adoption (2010) 

Proposal for a Directive on the Small Company Statute 

(2nd half 2008)(cid:206)(cid:206)

Projected adoption (2nd half 2010.) 

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target 

The  Community  will  move  towards 
the 
EU 
to 
administrative  burdens  by  25  %  by 
2012  and  implement  an  ambitious 
simplification programme  

reduce 

The  Community  will  strengthen  the 
single  market,  increase  competition 
in  services,  and  take further  steps  to 
integrate 
services 
market 

financial 

the 

Rolling SIMPLIFICATION PROGRAMME (2006-2009) 
including 109 actions (2009) 

(cid:206)(cid:206)

Pending proposals from SIMPLIFICATION PROGRAMME 

to 

reduce  administrative  burdens 

Proposals 
following 
administrative  burden  mapping  and  measurement  of  EC 
legislation and related transposition measures (2007-2008) in 13 
priority areas. Proposals in 2008-2010. 

(cid:206)(cid:206)

First  batch  of  fast  track  administrative  burden  reduction 
actions 

First  batch  of  fast  track  administrative  burden  reduction 
actions in comitology  

Proposal  for  next  batch  of  fast  track  actions  alongside  the 
strategic review on better regulation 

(January 2008) (cid:206)(cid:206)  

Proposal  for  a  DIRECTIVE  Revision  of  the  regulatory 
framework  for  electronic  communications  and  services 
Projected adoption (2009) 

Market monitoring in key markets 

DIRECTIVE  amending  Directive  97/67/EC  concerning  the 
full  accomplishment  of  the  internal  market  of  Community 
postal services (Implementation 2011/ 2013) 

DIRECTIVES - Third Package on Rail  
(Implementation by 2009) 

DIRECTIVE  on 
services 
Implementation by the MSs 28 December 2009 

the 

in 

internal  market 

- 

17 

EN 

 
  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  
 
 
 
 
 
 
 
 
 
 
 
 
 
  
 
  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Integrated 
Guidelines 
Number 

Key Objectives 

Measures to be adopted by the European Commission 

Measures to be adopted as priority action by other 
institutions (EP, Council) 

Measures to be implemented  

to 

improve 

Actions 
implementation  of  single  market 
following  Communication  on  the  application  of  Community 
Law (SMR) 

Proposals to allow companies to choose an EU-wide tax base  

(3rd Q 2008) (cid:206)(cid:206)

Projected adoption (3rd Q 2010) 

Measures  to  promote  the  creation  of  an  EU  mortgage  credit 
market following a communication  

(White paper 19/12/07) (cid:206)(cid:206)  

Projected adoption (2009) 

Proposal for a DIRECTIVE amending Directive 85/611 on EU 
harmonised investment funds- UCITS  

(February 2008) (cid:206)(cid:206)  

Projected adoption (February 2010) 

Measures  to  ensure  the  realisation  of  Single  Payments  Area 
following a communication  

(2nd Q 2008) (cid:206)(cid:206)  

Projected adoption (2010) 

Strengthening  EU  arrangements  for  financial  stability,  through 
review of cooperation obligations,  

(End 2008) (cid:206)(cid:206)  

Projected adoption (2010) 

Proposal  for  a  DIRECTIVE  -  Amendments  to  Directive 
2006/48/EC and 2006/49/EC Capital Requirements 

(October 2008) (cid:206)(cid:206)  

Projected adoption (October 2010) 

Proposal for a DIRECTIVE Solvency II -on the taking-up and 
pursuit  of  the  business  of  Insurance  and  Reinsurance 
Projected adoption (End 2008) 

Follow  up  of  Retail  banking  (including  payment  cards  and 
payment systems) and Business Insurance Sector Inquiries 

DIRECTIVE  -  Monitoring  Implementation  of  MiFiD- 
Entered in force 1 November 2007 

The Community will make the "fifth 
freedom"  (the  free  movement  of 
knowledge)  a  reality  and  create  a 
genuine European Research area.  

Framework REGULATION -Legal framework for construction 
and operation of pan-European research infrastructures 

(July 2008) (cid:206)(cid:206)  

Projected adoption (July 2010) 

Legislative  and  other  proposals  following  Communication  on 
"Partnership  for  a  European  researchers'  passport  for  mobility 
and career development" 

(April 2008) (cid:206)(cid:206)  

Projected adoption (2010) 

Implementation  of  legal  and  financial  decision  on  European 
Institute of Innovation and Technology  
Projected adoption (2nd Q 2008) 

18 

EN 

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Guidelines 
Number 

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EN 

Key Objectives 

Measures to be adopted by the European Commission 

Measures to be adopted as priority action by other 
institutions (EP, Council) 

Measures to be implemented  

Measures  for  preparation  of  joint  programming  of  research 
following a communication  

(September 2008) (cid:206)(cid:206)  

Projected adoption (2010) 

for  mutual 

Measures 
following 
Communication  on  "Removing  regulatory  obstacles  to  cross-
border investments by venture capital funds" 

recognition 

process 

The  Community  will  improve  the 
framework 
for 
innovation,  in  particular  for  venture 
capital  and 
intellectual  property 
rights. 

conditions 

The  Community  will  complete  the 
internal market for energy and adopt 
the  climate  change package  in  order 
to  put  in  place  the  framework  to 
achieve  at  least  a  20%  reduction  in 
greenhouse  gas  emissions  and  reach 
a  20%  renewables  energy  share  by 
2020. 

(December 2007) (cid:206)(cid:206)  

Projected adoption ( 2010) 

Proposal for a COUNCIL REGULATION on the Community 
Patent  and  additional  measures  to  set  up  an  EU  wide 
jurisdictional system for patent litigation  
Projected adoption (2010) 

The  Joint  European  Resources  for  Micro 
Enterprises initiative (JEREMIE) 

to  Medium 

EIF - The High Growth and Innovative SME Facility (GIF): 
risk capital for innovative SMEs in their early stages (GIF1-€ 
255m) and in their expansion phase (GIF2-€ 299 m)  

EIF- The SME Guarantee Facility, providing loan guarantees 
to  encourage  banks  to  make  more  debt  finance  available  to 
SMEs, (€506 m)  

EIF-The  Seed  Capital  Action  and  the  Partnership  Action: 
helping to reinforce the capacity of financial intermediaries to 
invest in and lend to SMEs. (€69 m)  

Proposal for a DIRECTIVE amending Directive 2003/54/EC 
concerning common rules for the internal market in electricity 
Projected adoption (end 2009) 

Proposal for a DIRECTIVE amending Directive 2003/55/EC 
concerning common rules for the internal market in natural 
gas Projected adoption (end 2009) 

Proposal for a REGULATION establishing an Agency for the 
Cooperation of Energy Regulators Projected adoption (end 
2009) 

Proposal for a REGULATION amending Regulation (EC) No 
1228/2003 on conditions for access to the network for cross-
border exchanges in electricity Projected adoption (end 2009)

Proposal for a REGULATION amending Regulation (EC) No 
1775/2005 on conditions for access to the natural gas 
transmission networks Projected adoption (end 2009) 

19 

EN 

 
  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  
 
 
 
 
 
 
 
 
 
 
 
 
  
 
 
  
 
 
  
 
 
  
 
 
 
 
 
  
 
  
 
 
 
  
 
  
 
 
 
 
 
 
 
  
 
  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Integrated 
Guidelines 
Number 

Key Objectives 

Measures to be adopted by the European Commission 

Measures to be adopted as priority action by other 
institutions (EP, Council) 

Measures to be implemented  

Follow up measures to the energy sector inquiry 

)
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The  Community  will  promote  an 
industrial  policy  geared 
towards 
more  sustainable  production  and 
consumption, focusing on renewable 
energies 
and 
resource-efficient  products,  services 
and technologies.  

low-carbon 

and 

Proposal for a DIRECTIVE - Amending the Emission Trading 
Directive, 2003/87/EC 

(January, 2008) (cid:206)(cid:206)  

Projected adoption (January 2010) 

Legislative proposal on Carbon Capture and Geological Storage 
(CCS) 

(January, 2008) (cid:206)(cid:206)  

Projected adoption (January 2010) 

Proposal  for  a  DIRECTIVE  -  Review  of  the  Energy  Taxation 
Directive 

(4th Q 2008) (cid:206)(cid:206)  

Projected adoption (4th Q 2010) 

Proposal  for  a  DIRECTIVE  on  the  promotion  of  renewable 
energy 

(January 2008) (cid:206)(cid:206)  

Projected adoption (January 2010) 

Revision  of  DIRECTIVES  on  Energy  labelling  and  household 
appliances 

(2008) (cid:206)(cid:206)  

Projected adoption (2010) 

Measures  to  strengthen  the  Public  Procurement  of  high-
performance  environmentally-friendly  products,  technologies 
and 
(Green  Public 
Procurement 

services-following 

communication 

(1st Q 2008 ) (cid:206)(cid:206)  

Projected adoption (2010) 

Legislative  proposals  following  the  "Sustainable  industrial 
policy/Sustainable  consumption  policy",  notably  extension  of 
EUP Directive 

(March 2008) (cid:206)(cid:206)  

Projected adoption (March 2010) 

Initially  14  Implementing  DIRECTIVES  for priority  product 
groups  for  adoption  of  minimum  energy  performance 
standards (eco-design requirements) 
(Comitology until 2011) 

-  7th  Framework  Programme  (2007-13):  €2.3  billion  for 
energy,  €1.8  billion  for  environment  (including  climate 
change) 
-  Competitiveness  and  Innovation  Programme  (CIP)  (2007-
13), Entrepreneurship and Innovation Programme (EIP) € 430 
million for eco-innovation and Intelligent Energy for Europe 
(IEE) €730 million 

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20 

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Integrated 
Guidelines 
Number 

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Key Objectives 

Measures to be adopted by the European Commission 

Measures to be adopted as priority action by other 
institutions (EP, Council) 

Measures to be implemented  

International Agreement - Conclusion of the most important bilateral FTAs (ASEAN, India, South Korea) 

International Agreement - New Partnership and Cooperation Agreement (PCA) with China 

Bilateral Cooperation EU-USA- Transatlantic Economic Council 

Bilateral regulatory cooperation with US, Japan, China and Russia 

to  conclude 

Whilst  working 
the 
Doha multilateral trade negotiations, 
the  Community  will  negotiate 
bilaterally  with  key  trading  partners 
to  open  up  new  opportunities  for 
international  trade  and  investment, 
improve  market  access  focussing  on 
sectors  where 
countries 
significant  barriers 
remain,  and 
create a common space of regulatory 
provisions and standards. 

and 

  Multi-party Agreement - Anti Counterfeiting Trade Agreement (ACTA)  

Monitoring  and  strengthening  of 
spending  on  Growth  and  Jobs 
(earmarking) 

EU-US Action Strategy on IPR enforcement 

European Cohesion Policy Funds (mid-term review 2010) 

European Agricultural Fund for Rural Development (mid-term 
review 2010) 

Lifelong learning Programme 

European Globalisation Adjustment Fund 

EN 

21 

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