All Contributions (38)
Phasing out Russian natural gas imports and improving monitoring of potential energy dependencies (debate)
Date:
16.12.2025 08:27
| Language: SV
No text available
Certain corporate sustainability reporting and due diligence requirements (A10-0197/2025 - Jörgen Warborn) vote
Date:
13.11.2025 10:50
| Language: EN
Madam President, in accordance with Rule 60(4) of the Rules of Procedure, I propose that this matter will be referred back to the Committee on Legal Affairs for interinstitutional negotiations.
Certain corporate sustainability reporting and due diligence requirements (A10-0197/2025 - Jörgen Warborn) (vote)
Date:
22.10.2025 10:54
| Language: EN
Madam President, I am speaking on behalf of a united EPP. We made an agreement with S&D and Renew, both on content, but also on the fact that we should have a committee mandate. This committee mandate is important because we need to stick to the timetable – meaning that we go into trilogue already on Friday – so that we can deliver clarity for European businesses. Because, outside this Hemicycle, we have millions of businesses – small businesses, medium-sized ones, farmers, innovative scale-ups, large corporations – and they need clarity in order to deliver both sustainability and competitiveness, growth and good-paying jobs for Europeans. So I urge colleagues, not least in S&D and Renew, to vote yes to the committee mandates.
Implementation of EU-US trade deal and the prospect of wider EU trade agreements (debate)
Date:
10.09.2025 13:27
| Language: EN
Thank you for accepting the blue card. Well, you said that you don't want to initiate a trade war, and let's say, it is difficult times for Europe and the situation is not pleasant for any one of us. But you also say that you would like to use the ACI – the 'trade bazooka'. Isn't that as close as you would come to respond? That will lead to a trade war. And don't you think that that will make it even harder to negotiate a better deal after you initiate the ACI? And still we know that the Member States, they do not have any appetite for this.
Implementation of EU-US trade deal and the prospect of wider EU trade agreements (debate)
Date:
10.09.2025 13:05
| Language: EN
Mr President, Minister, Commissioner, we are indeed living in very uncertain times. We have war on our continent and, unfortunately, we still need the US for security reasons. Therefore, I think it would be very irresponsible to also enter into a trade war with the US at this time. This deal is not perfect. I do not particularly like the outcome of this deal, but I think the most responsible thing to do at this moment is to go through with the deal and then continue to negotiate. I know there are groups or MEPs in this Chamber that would like to escalate the situation and then continue to negotiate. I do not think that will have the best outcomes for Europeans. So it is not a perfect deal, but it is the deal that we have on the table, and we have security reasons for adopting the deal. We have to change it a bit, though. Of course we are not voting on the deal as such. We will be voting on the two legislative proposals that the Commissioner mentioned, and we will certainly have to amend it in order to make sure, not least, that it is fully compatible with WTO rules. And I have mentioned several times in this Chamber and to the Commission that I am not certain it does. I am rather quite certain that it does not. But I think, colleagues, that we, in this House, could fix that by amending the legislation. In the meantime, we also, of course, have to continue to negotiate and, not least, ratify the agreements we have on the table. The Mercosur Agreement is really important from us at this point of stage. When we have problems doing business in one part of the world ‑ the US right now ‑ then we have to open business in other parts of the world. Mercosur is one. Mexico is another. Indonesia. India. Thailand. Malaysia. Philippines. Australia. There is a lot of possibilities, and I think possibilities to negotiate are better now than ever. So I urge you, colleagues, please do not create this trade war with Trump. We do not need it. We need security in Europe and we need these deals.
EU-US trade negotiations (debate)
Date:
09.07.2025 12:54
| Language: EN
Mr President, Madam Minister, Commissioner Šefčovič, first of all, thank you for your tireless work of trying to find a negotiated solution. We certainly need it because we need to de-escalate the situation with the US. It is a very, very important market for the European Union. It creates a lot of jobs, both here in Europe, but also, of course, in the US. Approximately 20 % of our market goes to the United States. And that also means that 80 % of our trade goes elsewhere, creating probably even more jobs. I'd like to speak particularly on the WTO rules and the compatibility with the potential deals on the WTO rules, because the rest of the world – 80 % of the market – relies on the WTO rules. I'm not sure, but I'd like to make sure that the Commission is certified that, if we make a deal with the United States, it doesn't break the any rules in the WTO, because then we might solve one problem, but we create others. I think that is the most important part right now, because the world, when it comes to trade, is not really predictable at the moment. I think that even if we do a deal with the US, it will probably not be predictable for quite some time. Therefore, the world trading system – the multilateral rules-based trading system – is the predictability we have and we, as Europeans, have to defend it. But I also agree, of course, in the meantime, since there is a lot of unpredictability, we also have to diversify. So ratifying the Mercosur agreement, the Mexico agreement, negotiating India and Indonesia is also important. Once again, thank you to the Commission for your hard work. Let us hope that we can find a negotiated solution for the benefit of businesses and citizens across Europe.
A unified EU response to unjustified US trade measures and global trade opportunities for the EU (debate)
Date:
06.05.2025 07:22
| Language: EN
Mr President, Minister, Commissioner, colleagues, we find ourselves at a historic crossroads, not just in terms of economic policy, but also in the broader context of global geopolitics. Trade tension, of course, is nothing new. But today, in an era of deep globalisation and tightly interlinked supply chains, the consequences are more far-reaching than ever. We have seen this clearly in the past months, when Trump's erratic trade measures triggered volatility across financial markets. The EU's response, especially in the face of the unjustified trade measures from a long-standing ally, will be remembered. Our approach must strike a careful balance, preserving the principle of trust, respect and transatlantic cooperation, while also shielding European citizens and industries from economic harm. I therefore call on the Commission to act decisively within their 90-day retaliatory pause. The current pause from the Trump administration is de facto a 25 % tariff on EU steel, aluminium and automobiles and a 10 % tariff on almost all other goods. The Commission's decision to hold off on immediate retaliation is wise; de-escalation creates a space for dialogue. But let us be clear: inaction cannot become our policy. Within these 90 days, we must prepare a strong and measured and unified response. At the same time, we must do three things to strategically position Europe: strengthen the single market, negotiate and ratify more free trade agreements, not least Mercosur and the one with Mexico, and reassert leadership within WTO, because we need the rules-based international system when there is unpredictability in the world.
Order of business
Date:
31.03.2025 15:17
| Language: EN
Madam President, we, the EPP, will vote against this proposal from the Left. And the reason is that it is not only about the tariffs on cars at the moment. As you are aware, on Wednesday, Trump will announce even further tariffs on other products. And the Commission is, of course, expected to present its countermeasures in mid-April. The most important aspect for us now is to respond to this trade conflict with President Trump in a unified way. However, we are still not in a position that we have clarity, and therefore we think we should have a broader debate on this topic for the May plenary, and that would give us time to analyse the situation fully, not least on the tariffs introduced this week, but also on the EU responses. That is why we would like to vote no for this proposal from the Left.
Cutting red tape and simplifying business in the EU: the first Omnibus proposals (debate)
Date:
10.03.2025 18:18
| Language: EN
Thank you very much for that question. I think we can work with issues regarding sustainability and climate change. They are important. But I also see – and this is important for the Greens as well to see – that we have a problem with the competitiveness. That is why it's so important to open up these files. That's so good that the Commission comes up with the first Omnibus package to change this. This is not enough, though. We have to continue. We have to cut red tape even more than in these proposals. And for all the political groups that would like to do that, I am sure that EPP will work together with you to cut the red tape, to increase the growth, to come back to competitiveness. That is what we can do. And then we get the resources also to focus on the green issues.
Cutting red tape and simplifying business in the EU: the first Omnibus proposals (debate)
Date:
10.03.2025 18:16
| Language: EN
Madam President, Commissioner, my key message today is that this is a good first step. But it is not enough. We have to continue to work with this suggestion and this is really important for the competitiveness of Europe. We have been falling behind. We have been falling behind a lot of other great economic powers around the world and we have to change this situation. And there is a lot of things that we need to change. But one of the most important parts is to cut red tape. This is important for all companies, but it is most important for the small and medium-sized enterprises. It was a colleague that mentioned the 'Think Small First' principle – I think that is really important. That is a good solution. We have to do that. And this can be done in the negotiation about these files as well, to continue with the 'Think Small First' principle. Multinationals were mentioned like they are bad guys – no, they are good guys. They are providing jobs and economy and growth to Europeans. That is also important. It is good that we do a reality check on this package, on the CSDDD, on the CSRD, on the taxonomy act, on the CBAM. We need that reality check. So let's work with it, but we need to move this forward. This is a good first step but we need to continue to cut red tape. It's been speaking about 'deregulation', about 'simplification', about 'cutting red tape' – it doesn't matter which word you use, you have to cut the cost for businesses. That's how you get back to growth.
Threats to EU sovereignty through strategic dependencies in communication infrastructure (debate)
Date:
13.02.2025 10:38
| Language: EN
Mr President, Commissioner, the strength of our Union is in its openness, the ability to trade, to innovate and to compete globally. However, in today's reality, Europe's communication infrastructure is heavily reliant on global actors, and Europe must be in a position where no country or individual company can dictate our digital future. I believe in a strong and resilient Europe, one that competes globally without excessive state interventions, but through strategic interventions, free markets and international cooperation. By that way, individuals and businesses can choose between multiple actors and alternatives. To go forward in this situation, I think the Union must do a lot of things, but let me mention three of them. Firstly, we need to encourage private investments in new communication infrastructure, not through subsidies or state control, but through reducing red tape and creating smart incentives. Secondly, we need to deepen our partnership with trusted partners to ensure openness works in Europe's favour rather than making us dependent. Lastly, as the Commissioner started his intervention with, we need to safeguard Europe's connectivity by taking coordinated action to protect submarine cables. This state terrorism has to end and we have to work together, coordinatedly, to make that sure – we have to reinforce our cable security, our repair capabilities, but also invest in the expansion of new submarine cables to enhance our redundancy and ensure resilience in our communication infrastructure.
EU-Mercosur Trade Agreement (debate)
Date:
13.02.2025 08:52
| Language: EN
You said that the agreement will destroy the farmers. That is absolutely not true. Look back and see the agreement, which was actually beneficial for the farmers, even though a lot of people said that it would destroy the farmers. The Commission has, on the other side, done a very good job. They have TRQs, they have safeguards, and they have a compensation package. How can you say that it will destroy farmers? We recognise that there are sensitive products, but that's why the Commission has worked with us. This will help the farmers. It is beneficial for the wine sector, for cheese, for a lot of businesses.
EU-Mercosur Trade Agreement (debate)
Date:
13.02.2025 08:11
| Language: EN
Madam President, Commissioner, I would like to use the beginning of my speech to paint a picture of the EU reality on the global stage. Because five years ago, the UK left the European Union. A month later – COVID‑19 – the pandemic broke out in Europe. And three years ago, Russia launched a full‑scale illegal invasion of Ukraine. And at the same time, European energy prices reached record levels, and this also, of course, created inflation for European citizens. A month ago, Trump was inaugurated in the US administration. All this at the same time when China is systematically disregarding the multilateral trade order, and the BRICs is growing. Never before has the EU and its citizens and businesses been faced with so much uncertainty and unpredictability as now, most evidently seen last Monday, when Trump increased the tariffs on steel and aluminium to 25 %. I have stood at this podium more times than I can remember to talk about the importance of the Mercosur deal. If there would ever be a moment to conclude the deal that would create the biggest free trade zone in the world, it would be now. We need it now because it will provide opportunities for businesses and citizens. It will enhance our energy security. It will create a channel of diplomatic and economic relationships with one of the biggest players in the world, and it will demonstrate that the EU is a global, relevant player that stands for an open, rules‑based geopolitical order. Let's do it. Let's conclude. Let's finalise the negotiation. It is beneficial for all.
Preparedness for a new trade era: multilateral cooperation or tariffs (debate)
Date:
11.02.2025 08:14
| Language: EN
Madam President, Minister, Commissioner, it is evident that we are living in an increasingly unpredictable and uncertain trade area. Whilst China is using subsidies to boost their businesses, US is using tariffs to support theirs. The EU is, sadly, only one of the few global actors that really are playing by the international rules-based order today. The EU now must stand united in our approach towards the Trump trade policy. Fragmentation will only weaken our process. We have a very well developed trade defence toolbox and it is ready to be used, but only after diplomacy and negotiation have failed – because the US is a close ally, it is a traditional partner of us, it is a strategic friend and we need to work together with them. A tit-for-tat trade war will not benefit us. Most importantly, when we answer to the US threats, we have to do it in a WTO-compatible manner because if we don't, this will only increase the insecurity for European businesses and citizens. Whilst China and the US are playing by their own rules at the moment, we need to have even more strategic partners around the world. We need to continue with the Mercosur countries. We need to continue the negotiations with India. We need to finalise the modernised trade with Mexico and speed up the process with Indonesia. Trump is now closing inwards, the US is closing inwards and we in Europe we must look outwards.
Promoting a favourable framework for venture capital financing and safe foreign direct investments in the EU (debate)
Date:
27.11.2024 17:59
| Language: SV
Madam President, I would like to thank you for your Thank you, Commissioner. I realise that this is the last time I can address you as Commissioner. Thank you for your great work during this time. It has been mentioned before that Europe has a competitiveness problem, and it certainly is. It is, of course, sad that this is the case, but it is also good that there are so many who say that we share the same opinion and that we must do something to tackle Europe's competitiveness. In order to solve the challenge of Europe's growth, we need to do a number of things. One of the most important things is to ensure that we improve access to capital. When I meet small business owners, almost everyone says it's one of their biggest problems. That is why we need to create a European ISK, an investment savings account, which creates incentives for Europeans to invest in the stock market. It would be good for them, because it would increase their economic opportunities, but above all it would also be good for small businesses, so that they can continue to expand, employ more and create wealth throughout Europe.
U-turn on EU bureaucracy: the need to axe unnecessary burdens and reporting to unleash competitiveness and innovation (topical debate)
Date:
23.10.2024 11:14
| Language: EN
Mr President, as you said, the the headline for this debate is 'U-turn on EU bureaucracy: the need to axe unnecessary burden and reporting to unleash competitiveness and innovation'. And I couldn't agree more. That is a really important topic that we indeed need to to discuss. But reducing regulatory burden is not a goal in itself, not even competitiveness is a goal in itself, because at the end of the day, it is creating a prosperous Europe that is the goal. And when it comes to creating a prosperous Europe and when it comes to creating competitiveness, we are having a problem. If I look back 15 years and look at growth numbers, we can see how Europe is falling behind. We are falling behind almost all economic powers around the world. So we need to change this. And this change will probably not be easy, and this change will entail a lot of different actions. One of them – I would say one of the most important, of course – is reducing regulatory burden. It is important for all businesses, but especially for small and medium-sized enterprises. And now I think we can all agree that we have a window of opportunity, because now we have the Letta report, we have the Draghi report, and we have a commitment from the Commission to work with reduced regulatory burden. I'd like to start by thanking the Commission for the 'one in, one out' principle. And as you know, colleagues, the 'one in, one out' principle is where the Commission agrees or commits itself to reducing the same amount of burden as it adds. You calculate the cost of a regulation, and then the Commission says, 'This cost will be offset by other measures.' And that, of course, is fantastic, because that means that the Commission has understood that we have to stop this excessive burden for the businesses. But – but – 'one in, one out' means the status quo. That doesn't mean reducing the regulatory burden, it stays about the same. It will keep the same and we need to do more. We need to do more. And that's why I'm also positive, and I'd like to thank the Commission for this goal of reducing the reporting by 25 %. That is very good. But it's not enough, because reporting is such a small part of the entire regulatory burden that is faced by our businesses. And therefore, EPP is now suggesting – not only suggesting, it's in our manifesto for this election – to push for 'one in, two out', because reducing regulatory burden with 'one in, two out' will actually decrease the cost for businesses, increase our competitiveness and increase European prosperity. We also say that all the proposals from the Commission should have an impact assessment. This is important in general, but it is also important because in the impact assessment you calculate the cost – the 'ins', so to speak. And therefore, from the EPP Group, we have a very, very clear message: if the Commission comes up with a proposal that has no impact assessment, the EPP will veto them. We will send them back. We won't deal with issues that have not had a proper, full impact assessment that is approved by the Regulatory Scrutiny Board. This is the way how we create a prosperous Europe. I look very much forward to this debate today.
Order of business
Date:
07.10.2024 15:27
| Language: EN
Madam President, yes, the ECJ ruling, it came only last Friday. Therefore, the EPP will reject this proposals from The Left. We think it is too early to have a debate in plenary. Instead, this issue should be assessed and analysed at the PESH Committee, in the AGRI Committee and in the INTA Committee. So no need for for a debate in plenary at this moment.
Conclusions of the recent European Council meetings, in particular on a new European Competitiveness deal and the EU strategic agenda 2024-2029 (debate)
Date:
23.04.2024 08:14
| Language: SV
Madam President, thank you very much. We are finally debating competitiveness. We should have done this a long time ago, and we need to do it more and more often. As a matter of fact, Europe is falling behind; We are lagging behind almost every other country in the world. And in the long run, it means that our prosperity is declining. We must reverse this trend so that Europe becomes both richer and more secure. The road always runs through small businesses. It is through small businesses, when they hire and create jobs and tax revenue, that our cake increases. There are many things we need to do to solve this challenging situation for Europe. I would like to raise one issue today, and that is that we need to cut red tape and red tape. This is perhaps the most important thing for European small business owners. From the Conservatives, we propose an ambitious goal of reducing the regulatory burden by 30 percent for companies. We need more free trade, we need less bureaucracy and we need more European entrepreneurs.
Multilateral negotiations in view of the 13th WTO Ministerial Conference in Abu Dhabi, 26-29 February 2024 (debate)
Date:
08.02.2024 08:09
| Language: SV
Mr President, thank you very much. First of all, I would like to thank my colleagues from the other party groups for the very good cooperation with this resolution. We reached a broad consensus in committee and that bodes well for strong support in plenary and a solid European voice ahead of the forthcoming ministerial meeting. The resolution focuses on key elements such as agriculture, fisheries subsidies, trade and climate, a permanent moratorium to avoid digital trade tariffs and, of course, also to facilitate SMEs. But here and now, I would like to highlight the overarching issue of the WTO organisation. There are dark clouds in the geopolitical sky. European businesses and people face severe economic consequences after the COVID-19 pandemic and after two wars, one of which is in our absolute neighbourhood. Beyond the tragic loss of human life, the wars have put additional strains on inflation, increased energy prices and disruptions to global supply chains. We are constantly reminded of the vulnerability of our trade routes. People are now asking for safety, security and predictability. Countries demand trust, cohesion and global partners. Effective trade is more important than ever. The WTO now needs to be modernised and reformed. Here, the EU must use our common weight for institutional reform of the WTO, not least to improve the dispute settlement mechanism, so that the WTO can maintain its legitimacy and resolve the trade conflicts that already exist and may arise. This is a priority opportunity for the EU to put on the leadership shirt and wear the banner high for a more free trade-friendly world where a rules-based order is respected and a level playing field prevails. The EU must show that it is a leading force to be reckoned with and a solid wall against protectionist tendencies.
Implementation of the EU-Canada Comprehensive Economic and Trade Agreement (CETA) (short presentation)
Date:
16.01.2024 21:04
| Language: SV
Mr President, thank you very much. I would like to begin by thanking all the colleagues who fought for this free trade agreement to come into being as early as 2017. I remember how you fought uphill and against the wind, because the criticism was loud from many quarters. I think the critics were wrong. Now, seven years later, we can look at the statistics on how many benefits this agreement has brought to the EU: an export increase of around 60%, lots of new jobs and most of all; of all companies, it has benefited small and medium-sized enterprises. And not least, it has benefited many in the agricultural and food sector, where criticism was perhaps the greatest. Despite this, despite all these benefits, criticism still echoes around free trade agreements. It's very strange. But we free trade friends, we can stretch our backs and say: Now we move on, now we conclude more free trade agreements, not least with Mercosur!
EU/New Zealand Free Trade Agreement (debate)
Date:
21.11.2023 12:44
| Language: SV
Madam President, thank you very much. Commissioner, thank you very much. We have seen how Europe's competitiveness has fallen recently. Fifteen years ago, the economies of the European Union and the United States were roughly the same size. If we move forward to the present day, the US economy has grown by over 120%, while in the EU we have barely grown by 50%. At the same time, India's and China's growth figures are accelerating. Free trade agreements are crucial here. They are crucial for economic growth. They are crucial for job opportunities and they are crucial for European competitiveness. That is why I very much welcome this free trade agreement with New Zealand. It is very gratifying that we now have this agreement in place and I believe that we will vote by a large majority in Parliament for this agreement tomorrow. This will increase our trade growth by about 30%. This will mean significant reductions in tariffs, which will of course be reflected in lower prices for consumers. With increased competition comes increased quality of the products. So this is basically a very good deal! However, now that we are entering the final phase of this mandate, there is no escaping the fact that this is only the second agreement we have concluded during this mandate. We need to speed up so that we get more deals. They're so important. They are valuable for our competitiveness and a strong call on the Commission to put full throttle behind Mercosur and Australia. A big applause to the Commission, however, for bringing this agreement to port.
Need to complete new trade agreements for sustainable growth, competitiveness and the EU’s strategic autonomy (debate)
Date:
04.10.2023 16:21
| Language: SV
Madam President, Commissioner, thank you very much. At a time like this, you can take several different approaches. I am going to talk about one thing and only one thing and that is the Mercosur agreement. Over the last few days, I have met representatives from the Commission. I have met representatives of the Council, now they are not here. But I hear a lot of evasiveness. I hear a lot of excuses and I miss that political will to say: Let's do it now. I think that the Commissioner has presented in a good way, meritoriously, all the advantages of free trade agreements. The Mercosur agreement is 260 million consumers in South America and our 450. It would be a huge market that would ensure the security of value chains in this rather uncertain time, which would create business and prosperity and growth. Yet we have been negotiating this agreement for over 20 years, over 20 years. Isn't it time to take political ownership and say: I want to invest my political capital, from the Commission? I want to bang my fist on the table and say: Now we do it, now we take it across the finish line. We are now creating opportunities, prosperity and growth in Europe. I miss it. The Commission has a few months to bring this across the finish line. It's time. It is time to tackle this. It's time to finish it. I understand that it is also the case that you have a negotiating partner, but someone must be able to enforce this agreement, right? We don't have another 20 years. We don't have two more years. Maybe we have two more months. Do it now!
EU-Switzerland relations (debate)
Date:
03.10.2023 18:08
| Language: SV
Mr President, thank you very much. Commissioner Šefčovič! I welcome Mr Mandl's report on the EU's relations with Switzerland, which stresses the importance of maintaining strong, stable and long-lasting trade relations with the EU's fourth largest trading partner. Thanks to our free trade agreement, Swedish and European companies can benefit from almost 100 percent duty-free trade. Nevertheless, there are obstacles to frictionless business. And that is why I regret that the Swiss Federal Council concluded the negotiations on the institutional framework agreement, an agreement that had provided more stability, more predictability and more business opportunities. I therefore call on the Commission and the Swiss Federal Council to modernise our free trade agreement, to find a pragmatic solution to the current problems that prevent us from binding closer trade relations. In these times of economic uncertainty, where Swedish and European competitiveness is at stake, it is crucial that we seize every opportunity to deepen our trade relations, promote business opportunities and secure job growth.
State of the SME Union (debate)
Date:
12.07.2023 13:36
| Language: SV
Mr President, thank you very much. Commissioner. Europe is experiencing a growth crisis and companies are facing increasingly fierce global competition. Unfortunately, the situation is far from new. The EU has lagged behind and performed extremely weak growth figures in recent decades. It is serious, and it is urgent to reverse this trend if Europe is not to become a poor continent. Just like the climate issue, competitiveness is one of the major devastation issues of our time. We need to focus on growth now. To give companies fair conditions to create jobs and prosperity, so that we lift the purchasing power of households and get the wheels spinning again. Incentives for entrepreneurship need to be strengthened. We must put an end to the constant flow of new regulatory burdens. Taxes must be reduced, bureaucracy eliminated, investment promoted, trade agreements concluded. Europe's small businesses should be able to feel that Europe is working for them, not against them. They should see in reality a reduction in the regulatory burden and an improvement in the investment climate. Households should be able to count on us to deliver policies that provide the conditions for steady real wage increases, growth and a secure economic future. Citizens have the right to expect it, and it is our duty as elected representatives to start delivering.
Industrial Emissions Directive - Industrial Emissions Portal - Deployment of alternative fuels infrastructure - Sustainable maritime fuels (FuelEU Maritime Initiative) - Energy efficiency (recast) (joint debate - Fit for 55 and Industrial Emissions)
Date:
10.07.2023 17:03
| Language: SV
Mr President, thank you very much. Dear colleagues, This debate has been about four different dossiers, and it is quite clear that the Ship Fuel Regulation has not received most speaking time, but it has instead been the Industrial Emissions Directive. I take this as revenue because, as far as the climate transition of shipping is concerned, we have found the right balance between competitiveness, the climate and social issues. I also take it to mean that, as far as the Industrial Emissions Directive is concerned, there is more to be done there. I support those who think that cows should not be defined in the context of industrial emissions. The speakers who have mentioned the climate transition of ships have spoken a lot about competitiveness. It has been about the climate, of course, and it has been about inflation and the increased costs. It is a good balance we have found and I hope that we will have this unity when we vote tomorrow too, so that the maritime sector can have the predictability and the peace of mind that is needed and so that the EU negotiators can go to the IMO and, with rye in the back, create a concrete roadmap that can be scaled up globally. Let me also say personally that I am very pleased that we have had an impact on the ‘one in, one out’ principle in this legislation. The Commission is now required to monitor the regulatory burden very closely and to ensure that it does not blossom too much. This is extremely important for the competitiveness of European companies and I hope that it can apply to all future legislative proposals and to all sectors. To finish: I am not sure that the interpreters can translate this expression from Swedish, but it feels very good to note that now we are finally in port!