The Road to Green Transition and Digitalization in the EU - Business Forum with Ambassador Gábor Baranyai

On February 23, Ambassador Gábor Baranyai, the Deputy Permanent Representative of Hungary to the EU was invited to a virtual Business Forum to give an insight into the legislative decision making process in the EU from proposals to acts and discuss the most relevant issues that dominate the discourse in Brussels today from green transition to digitalization.

The Permanent Representation of Hungary to the European Union plays a central role in exercising rights deriving from the EU membership, fulfilling obligations and representing effectively the Hungarian interests. As primary duty, the Permanent Representation is taking part in the elaboration and representation of the Hungarian position in EU decision making.

Ambassador Plenipotentiary, Deputy Permanent Representative H.E. Dr. Gábor Baranyai represents the Hungarian Government in the COREPER I., which is responsible for key sectoral policies as agriculture, fisheries, environment, transport, telecommunication, employment, social affairs, energy, competition, education, youth and culture.

The three main issues of interest are the Green New Deal, digitalization and the European minimum wage.

The Ambassador introduced the European Green Deal, through the EU’s ambitious climate, energy and environmental policies and the circular economy action plan. The New Deal covers all sectors of the economy, notably transport, energy, agriculture, buildings, and industries such as steel, cement, ICT, textiles and chemicals. The goal is to decouple economic growth from resource us, enhance the EU’s natural capital, protect its citizens from environment-related risks and provide a just and inclusive transition.

Digitalization is one of the two pillars, with climate change, of the European transformation strategy. The EU mainly focuses on making digital services and platforms more transparent (Digital Services Act) and ensure contestable and competitive digital markets for increased innovation and consumer choice (Digital Markets Act). Other digital proposals are on the table as well, such as the regulatory framework of artificial intelligence, e-privacy regulations and data governance.

Beside the European Green Deal and digitalization the EU also aims to provide a directive on adequate minimum wages for all in the Union, so that the current proposal would set a statutory minimum wage which is 60% of the gross median wage and 50% of the gross average wage of the Member State.

At the end of the virtual Business Forum, the Ambassador answered some questions from the audience and ensured the AmCham membership about further cooperation.

AmCham would like to thank BASF and PMI Science for supporting the virtual Business Forum.