KAS Canada is happy to reveal its second #KAS4Security Grant application results, with a publication!
Publication, is written by Dr. Wolfgang Alschner, Dr. Philipp Reinhold and Prof. Patrick Leblond, focusing on Canada-EU Economic Security Cooperation, the report underlines how recent events have transformed economic and security cooperation between the EU and Canada to distil recommendations for deepening bilateral relations.
We have celebrated the launch at the Alt Hotel on March 30, in Ottawa. Before the event, we were honoured to hear a keynote speech from Mrs. Isabelle Poupart, DG of European Affairs at Global Affairs of Canada, and an opening statement from Dr. Althusmann.
The report finds that Canada-EU economic security relations sit on strong foundations based on aligned interests, joint initiatives and shared institutions. However, it appears that that these foundations have so far been largely unconnected. This report calls for greater coordination between the various existing Canada- EU economic security forums and dialogues and identifies possible further developments in bilateral cooperation in the field of economic security.
Authors came up with five recommendations to improve in the future such as :
- establishing a Canada-EU Economic Security Council that brings together high-level Canadian, EU and member-state officials to discuss all matters related to economic security,
- bringing the various supply-chain monitoring initiatives under one roof,
- to strengthen and secure the critical infrastructure that links Canada and the EU, to use the upcoming negotiations of Canada-EU Digital Trade Agreement
- to explicitly include provisions on economic security and emerging technologies and
- to deter and mitigate economic coercion by committing to avoid alignment with coercive actors and by jointly redirecting supply chains away from disruptors.
You can read the publication in our website.