On October 30, 2024, the drafting of the Budapest Declaration progressed under the guidance of Permanent Representatives, targeting approval at the informal summit on November 8. The focus is on establishing a New Deal for Competitiveness, with the current draft encompassing ten pages, accessible through Table.Briefings.
A new draft of the Budapest Declaration is making progress as the Permanent Representatives convened on Tuesday to refine its contents. The declaration, which is scheduled for adoption during the informal summit in Budapest on November 8, focuses on a “New Deal for Competitiveness.” As of now, the draft spans ten pages in length. Table.Briefings has obtained a copy of the document, available for review.
The Budapest Declaration emerges in the context of enhancing competitiveness within Europe. It is intended to set forth a strategic framework aimed at boosting the capabilities of European nations in a global context, thus facilitating stronger collaborative efforts. The upcoming informal summit provides an opportunity for leaders to discuss and finalize pivotal policies that will influence the continent’s economic landscape.
The ongoing discussions regarding the Budapest Declaration represent a crucial step toward establishing a cohesive strategy aimed at improving competitiveness across Europe. By finalizing this document at the upcoming informal summit, European leaders aim to address and adapt to the challenges posed by the current global environment.
Original Source: table.media
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