Spain's prime minister says Europe needs to re-industrialize
Spain’s prime minister says Europe must “re-industrialize” to become more self-sufficient and less dependent on third countries for energy and key raw materials
NICOSIA, Cyprus (AP) — Europe must “re-industrialize” to become more self-sufficient and less dependent on third countries for energy and key raw materials, Spain's prime minister said Tuesday.
Prime Minister Petro Sanchez said after talks with Cypriot President Nikos Christodoulides in the Cypriot capital that Europe needs to be “strategically autonomous,” especially in the wake of Russia’s war in Ukraine.
Sanchez, whose country assumes the European Union’s rotating presidency Jul. 1st, said this push toward less reliance on others for defense, as well as high-tech hardware such as semi-conductors and microchips doesn’t mean regression to a state of economic protectionism.
The Spanish premier said the EU needs to reach out to key regions such us the Caribbean and Latin America as well as nations on its southern periphery including Algeria, Libya, Egypt, Israel, Lebanon and Jordan.
