ECON Brussels, 1 December 2015 MEETING OF THE COMMISSION FOR ECONOMIC POLICY (ECON) – 10 DECEMBER 2015 – ITEM 4.7 DRAFT WORK PROGRAMME FOR 2016 of the Commission for Economic Policy (ECON) COR-2015-05404-00-01-TCD-TRA (EN) 1/22 EN DRAFT WORK PROGRAMME FOR 2016 of the Commission for Economic Policy (ECON) The following work programme has been prepared in accordance with the work programme of the European Commission for 2016, the draft CoR Resolution on the European Commission's work programme for 2016, the CoR Resolutions of 9 July 2015 on the priorities for the 2016 work programme of the European Commission and of 4 June 2015 on its priorities for the sixth term of office 2015-2020, and the intensified cooperation with the European Parliament. This work programme aims to provide guidelines for the work to be carried out in 2016 and thereby help to ensure continuity and coherence in advancing current priorities and reinforcing political impact. It aims to proactively and more dynamically progress forward-looking, strategic and thematic planning, with better integration of CoR activities in the inter-institutional calendar and a more resultsoriented and longer-term focus on priority policy areas. The following work programme is submitted for approval by the ECON commission members during their meeting of 10 December 2015, with a view to its adoption by the CoR Bureau on 9 February 2016. The remit of the ECON Commission covers the following fields: 1. 2. 3. 4. 5. 6. 7. Industrial Policy SME policy Economic and Monetary Policy Economic Governance, European Semester Internal market International Trade and Tariffs Competition and State aid policy. COR-2015-05404-00-01-TCD-TRA (EN) 2/22 1. Priorities of the ECON commission 1.1 Priority policy areas The ECON commission will concentrate its efforts on the following priority policy areas: LRAs in Economic Governance, the European Semester and the future of EMU The European Commission has announced that it will present in 2016 a new approach to ensuring economic growth and social and environmental sustainability beyond the 2020 timeframe, taking into account the Europe 2020 review and the external and internal implementation of the UN Sustainable Developments Goals. The ECON commission will work, in cooperation with the European Parliament, to ensure that the new approach has a meaningful territorial dimension and that LRAs are involved in its design and implementation. The ECON commission will closely follow and seek to influence new developments of the European semester, to ensure the appropriate involvement of the LRAs. The ECON commission will also work to stimulate the debate, and put forward proposals, on the involvement of the LRAs in a strengthened Economic and Monetary Union. Completing the single market A complete and properly functioning single market is essential for delivering growth and jobs in Europe. Addressing remaining deficits in the single market in order to unlock its full potential is particularly relevant for the economic prospects of regions and cities, notably in relation to business services and regulated professional services, as well as the sharing (or collaborative) economy. This is why the ECON commission will prepare opinions on the new single market strategy ("Upgrading the Single Market") and its follow-up measures, with special focus on legislative proposals put forward in these areas. The ECON commission will also work on identifying and sharing good practices in the field of the sharing economy and examine the subject of the transposition of public procurement directives. SME policy The main policy objectives in this area include cutting red tape and improving regulation for SMEs, improving SME access to finance, supporting businesses throughout their life-cycle and fostering multi-level governance in SME policy. Activities planned in view of these priorities in 2016 include events and seminars organised in cooperation with the Dutch and Slovak EU Presidencies, the OECD Regulatory Policy Division and the EER regions, leading up to possible opinions on initiatives relevant to SMEs and entrepreneurship that are set out in the European Commission's Single Market Strategy, such as the VAT Action Plan, the Start-up initiative and the legislative initiative on business insolvency. Analytical work, and possibly consultative action, on smart regulation for SMEs and better governance of SME policy is also envisaged. COR-2015-05404-00-01-TCD-TRA (EN) 3/22 Europe's trade and investment strategy The ECON Commission will continue its monitoring of developments in the negotiation of free trade agreements, in particular the Transatlantic Trade and Investment Partnership (TTIP) and the Trade in Services Agreement (TiSA). Key objectives of the ECON will be to safeguard the interests of European consumers and companies, particularly SMEs; to protect the interests of LRAs in relation to public procurement; to secure a horizontal exemption for services of general interest and services of general economic interest from obligations entailed by the principle of market access; and to ensure that the CoR has privileged access to information on trade negotiation. Furthermore, the ECON Commission will continue to insist that the European Commission undertake local and regional impact assessments of trade agreements. ECON will also be a forum for members to obtain facts and figures about trade negotiations. Promoting long-term investment The ECON policy objectives are to increase the priority the EU agenda gives to the issues of (i) removing obstacles to long-term investments, (ii) adequate funding of regional and local long-term investments, and (iii) supporting administrative capacity building at regional and local level as a precondition for promoting and funding long-term investments. The LRAs have a key role to play and face the twin challenge of funding these investments and improving their administrative capacity. This challenge is explicitly addressed in the CSRs and Country Reports in the European Semester 2014 and 2015. The ECON commission will consider proposing an Opinion on "Supporting administrative capacity building of local and regional authorities with respect to promoting long-term investments", provide inputs during the European Semester, engage in inter-institutional exchanges and monitor developments on the ground. Regional and national promotional banks could provide financial and technical support to local and regional authorities' long-term investment projects within the context of the Investment Plan for Europe. The ECON commission will follow up on its ongoing opinion on the role of regional and national promotional banks for jobs and growth. 1.2 Other thematic issues Corporate tax package Following up on its work on the matter in previous years, the ECON commission will give its full attention to the Corporate Tax Package which the European Commission has announced for 2016. On the basis of its past opinions on the Common Consolidated corporate tax base (CCCTB) in 2011, the tax transparency package and the communication on a fair and efficient corporate tax system in 2015, ECON will analyse the initiatives of this upcoming package and may issue an opinion on it. Industrial competitiveness The ECON commission will continue working towards ensuring a favourable framework environment for technological progress, industrial development and innovation and regions' competitiveness, in line with its previous opinions in the area of industrial policy. It will focus its work on analysing and COR-2015-05404-00-01-TCD-TRA (EN) 4/22 exploring the opportunities and challenges created by the digitisation and servitisation of European industry. State aid and services of general interest The ECON commission will also monitor the developments in state aid and services of general interest, specifically with a view to ensuring recognition of the fact LRAs are greatly affected by policy developments in these fields and that the rules and how they are interpreted and transposed need to reflect local and regional circumstances. The CoR will engage in contributing to the 2017 review of the "Almunia package" on state aid. Where relevant, it will cooperate with COTER concerning cross-border issues of state aid regulation. 2. Follow-up of opinions The opinions of the European Committee of the Regions are the main political tools for conveying the political viewpoint of CoR members to the other institutions of the European Union. In this new term of office, the CoR and its constituent bodies, as well as all services of the administration, will put additional focus on the follow-up of opinions, accompanied by a thematic communication strategy in advance of as well as following their adoption, in order to ensure that the messages of the CoR achieve the greatest political impact in the EU decision-making process. The Commission will closely follow, and seek to influence, the interinstitutional developments that concern the following key dossiers which are already the subject of CoR opinions: 1 2 3 4 5 6 Reform of the single market1 State aid modernisation2 Public Procurement3 Support for SMEs4 International trade and investment5 Corporate tax in the EU6 Opinion on Better Governance For The Single Market (CdR1529-2012, rapporteur: Markkula). Revised opinion on EU guidelines on state aid for rescuing and restructuring firms in difficulty (COR-2013-07451, rapporteur: Rouillon) Opinion on EU state aid modernisation (CdR1528-2012, rapporteur: Lindemann). Opinion on the Directive on E-Invoicing and on end-to-end E-Procurement (CdR5278-2013, rapporteur: Segersten-Larsson) Opinion on the Public Procurement Package (CdR99-2012, rapporteur: Segersten-Larsson) Opinion on The award of concession contracts (CdR 100/2012, rapporteur: Kool). Opinion on the Entrepreneurship 2020 Action Plan, (CdR2447-2013, rapporteur: Adamowicz) Opinion on the Programme For The Competitiveness Of Enterprises And Small And Medium-Sized Enterprises (2014-2020) (CdR98-2012, rapporteur: Krochmal). Opinion on the Transatlantic trade and investment partnership (TTIP) (COR-2014-05385, rapporteur: Töns) Opinion on the Trade in services agreement (TiSA) (COR-2015-02700, rapporteur: Markov) Opinion on the Tax Transparency Package ( COR-2015-02697, rapporteur: Imane) Opinion on A Consolidated Corporate Tax Base (CCCTB) (CdR 152/2011, rapporteur: Graas). Opinion on A fair and efficient corporate tax system in the EU (COR-2015-0386, rapporteur: Vanraes) COR-2015-05404-00-01-TCD-TRA (EN) 5/22 3. The sharing economy7 Capital Market Union; ensuring finance flow into the real economy8 Interinstitutional cooperation The ECON commission will continue to develop its cooperation with the European Parliament. This will include exchanges with the Committee Chairs in the EP, discussions between rapporteurs, inviting members of the European Parliament to attend commission meetings and participation of ECON rapporteurs at relevant EP committee meetings, all with a view to increasing the impact of ECON opinions. The ECON secretariat will constantly monitor the EP committees' work and identify upcoming opportunities for follow-up of ECON opinions. Particular focus will be put on the Committee for Economic and Monetary Affairs (ECON) and the Economic Dialogues it organises with the other EU institutions, the Committee for Industry, Research and Energy (ITRE), the Committee on International Trade (INTA) and the Committee for Internal Market and Consumer Protection (IMCO). The European Semester is specifically covered by the EP-CoR cooperation agreement. The CoR will continue mirroring the EP by adopting political documents linked to the main milestones of the Semester (i.e., ahead of, and after, the new AGS). The next step will be the Resolution on the 2016 AGS, to be discussed at the ECON meeting on 10 December 2015 before adoption by the Plenary on 10-11 February 2016. The ECON will continue to provide analysis to inform the Economic Dialogue of the Parliament with the Commission. With regard to the European Commission, the ECON commission will carry on its work aimed at establishing fruitful contacts with Commissioners, and maintain and reinforce the relations it has developed with the relevant services. In the current organigram, these are in particular the Directorate General for Internal Market, Industry, Entrepreneurship and SMEs (DG GROW), the Directorate General for Competition Policy (COMP), the Directorate General for Financial Stability, Financial Services and Capital Markets Union (FISMA), the Directorate-General for Economic and Financial Affairs (ECFIN) and the Directorate General for Trade (DG TRADE). With regard to overarching issues, such as the new approach to growth and jobs announced in the 2016 CWP (based on the revision of the Europe 2020 Strategy) or the European Semester, the ECON commission will also continue its collaboration with the Secretariat-General of the Commission (SG) as well as the European Semester Officers. The ECON commission will continue following the work of these services and inviting their representatives to attend its meetings. The ECON commission will follow up on the work done to build good cooperation with the Council and the Dutch, Slovakian and Maltese presidencies. 7 8 Opinion on the local and regional dimension of the Sharing Economy (COR-2015-02698, rapporteur: Brighenti) Opinion on Long-Term Financing of the European Economy (COR-2014-03235, rapporteur: Krochmal) Opinion on European Long-term Investment Funds (COR-2013-06862, rapporteur: Beissel) Opinion on the Green Paper on the long-term financing of the European economy (CdR3303-2013, rapporteur: Silberg). Opinion on the Green Paper Building a Capital Markets Union (COR-2015-01184, rapporteur: Truskolaski). COR-2015-05404-00-01-TCD-TRA (EN) 6/22 The ECON commission will develop its relations with the European Investment Bank (EIB), in particular concerning its work aimed at increasing investment in the real economy and facilitating access to finance for SMEs. The ECON commission will continue to invite EIB representatives to meetings focused on different sectorial fields of relevance. The ECON commission will explore opportunities to substantiate its opinions by commissioning additional analyses from the European Parliamentary Research Service (EPRS), as provided for in the cooperation agreement between the CoR and the European Parliament. Finally, in those areas of common concern, the ECON commission will continue to maintain good working relations with the European Economic and Social Committee (EESC) and, in particular, its ECO, CCMI and INT sections and Europe 2020 Steering Committee. 4. Cooperation with other organisations and bodies The ECON commission will continue to work closely with relevant European and national associations of regional and local governments in organising conferences, seminars and other events, as well as involving them in its consultative political work through bilateral meetings with rapporteurs and stakeholder consultations. The existing cooperation with the Eurocities, CEMR, CLRAE, CPMR, UEAPME, BusinessEurope and Eurochambres will be maintained; cooperation will also be developed with the remaining European social partners (ETUC, including EPSU, CEEP). Under COTER coordination , the ECON will also continue its work with the OECD notably on aspects linked to investments and good governance. 5. Complementary, monitoring and networking activities ECON external activities The ECON commission plans to organise two complementary external activities in 2016. On 20-21 June 2016, ECON plans to hold an external Commission meeting paired with a conference in the Polish region of Malopolska. The ECON meeting is scheduled to take place in Krakow, while the conference would be held in Tarnow, and focus on "Entrepreneurship based on innovation". Later in the year the ECON commission anticipates the organisation of a seminar in the Austrian region of Styria, on the theme of "Smart Regulation – Smart Growth". The exact date for this seminar is yet to be decided, but it is expected for September, October or November 2016. Europe 2020 Monitoring Platform While continuing to assess the implementation of Europe's growth strategy at local and regional level and its possible review in 2016, the Europe 2020 Monitoring Platform (EU2020MP) will further develop its monitoring and other activities in relation to the European Semester and European economic governance. The EU2020MP will continue to provide a platform for expert discussions, exchange of experiences and collection of good practice. This will comprise an annual platform conference, and several COR-2015-05404-00-01-TCD-TRA (EN) 7/22 thematic workshops, including a continuation of works in relation to quality governance and the strengthening of administrative capacity. The EU2020MP will also continue to provide support to thematic consultations/surveys, including for rapporteurs from thematic commissions other than ECON. EER (European Entrepreneurial Region) Within the framework of the European Entrepreneurial Region (EER) initiative, three ex-post evaluation missions will be organised to the EER 2015 regions Lisbon, Northern Ireland and the Valencian Region during the first half of 2016 in cooperation with the European Commission and the social partners represented on the EER jury. The implementation of EER activities in the EER 2016 regions will be monitored throughout the year. Following the closing of the EER 2017 call for applications on 18 March 2016, the EER 2017 winners will be selected by the EER jury and awarded the label during a CoR plenary session in mid-2016. Moreover, an EER annual conference will be organised in May or June 2016 in cooperation with the EER regions, and an EER-themed workshop is scheduled for the Open Days in October 2016. * * N.B.: Appendices overleaf. COR-2015-05404-00-01-TCD-TRA (EN) 8/22 * APPENDIX I List of documents already attributed to the ECON commission to be dealt with in 2016 Reference of European Commission document Title of European Commission document COM(2015) 361 final Communication on Working together for jobs and growth: The role of National Promotional Banks (NPBs) in supporting the Investment Plan for Europe Follow-up to the Five Presidents' Report on Completing Europe's Economic and Monetary Union Communication on Trade for All - Towards a more responsible trade and investment policy COM(2015) 497 final COM(2015) 550 final Non-legislative proposal Scheduled adoption by the CoR 7-8 April 2016 Non-legislative proposal 7-8 2016 Non-legislative proposal tbc Communication on Upgrading Non-legislative the Single Market: more proposal opportunities for people and business tbc * * COR-2015-05404-00-01-TCD-TRA (EN) 9/22 * Procedure April APPENDIX II List of the principal legislative and non-legislative proposals corresponding to the political priorities of the ECON commission for 20169 Reference of European Commission document Title of European Commission Procedure document A New Boost for Jobs, Growth and Investment Commission Work Standard Procurement Programme for 2016 Document and Standard Forms for Public Procurement Commission Work Programme for 2016 Commission COMMUNICATION on Upgrading the Single Market: more opportunities for people and business (p. 13-14) Commission Work Programme for 2016 REFIT initiative Legislative tbc State Aid: Commission Notice REFIT initiative on a Simplified Procedure for Evaluation the treatment of certain types of State Aid Remedies Directives REFIT initiative Legislative Next steps for a sustainable Non-legislative European future proposal A Deeper and Fairer Economic and Monetary Union Commission Work Communication "Towards the Programme 2016 completion of Banking Union" Commission Work Proposal for a European Deposit Programme 2016 Re-Insurance Scheme Legislative/nonlegislative proposal Legislative/nonlegislative proposal A Deeper and Fairer Internal Market with a Strengthened Industrial Base Commission Work Corporate Tax Package Legislative/nonProgramme 2016 legislative proposal Commission Work Action Plan on VAT Legislative/nonProgramme 2016 legislative proposal (including REFIT initiatives) Commission Work Prospectus Directive Review REFIT initiative Programme 2016 Legislative 9 The list is indicative and subject to change. COR-2015-05404-00-01-TCD-TRA (EN) 10/22 Scheduled adoption by the CoR tbc tbc tbc tbc tbc tbc tbc Tbc Commission Work Programme 2016 Follow-up to the Capital Markets Union action plan Commission communication on Upgrading the Single Market: more opportunities for people and business, p. 6 Commission communication on Upgrading the Single Market: more opportunities for people and business, p. 7 Commission communication on Upgrading the Single Market: more opportunities for people and business Commission communication on Upgrading the Single Market: more opportunities for people and business Commission communication on Upgrading the Single Market: more opportunities for people and business Commission communication on Upgrading the Single Market: more opportunities for people and business Review of the European REFIT initiative Venture Capital (EuVECA) and Legislative European Social Entrepreneurship Fund (EuSEF) regulations Green Paper on Retail financial Non-legislative services tbc tbc Legislative initiative on business insolvency Legislative proposal tbc Start-up Initiative Non-legislative proposal tbc Guidance on reform needs for Non-legislative Member States in regulation of proposal profession tbc Legislative action to address Legislative proposal targeted regulatory barriers in key business services and construction services tbc Legislative action to prevent discrimination against consumers based on nationality or country of residence Legislative proposal Dedicated guidance on service Non-legislative proposal standardisation COR-2015-05404-00-01-TCD-TRA (EN) 11/22 Mid-2016 tbc Commission communication on Upgrading the Single Market: more opportunities for people and business Legislative proposal modelled Legislative proposal on the successful features of the current notification procedure under Directive (EU) 2015/1535 for services currently not covered by that Directive Action Plan to increase Non-legislative awareness of the mutual recognition principle Commission communication on Upgrading the Single Market: more opportunities for people and business Commission Guidance on how EU law Non-legislative communication on applies to collaborative Upgrading the Single economy business models Market: more opportunities for people and business Trade: A Reasonable and Balanced Free Trade Agreement with the U.S. Commission Work Follow-up to the Trade and Legislative/ non Programme 2016 Investment Strategy legislative proposal * * COR-2015-05404-00-01-TCD-TRA (EN) 12/22 * tbc tbc tbc tbc APPENDIX III Explanatory sheet for each Priority Policy Theme Policy theme Promoting long-term investment at regional and local level CoR commission ECON Reference to the CoR Resolution on Priorities for the new mandate 2015-2020, 2 June 2015 policy priorities of ECON 2015 Working Programme (adopted by the Bureau on 15 April 2015) the CoR Riga Process/Files for intensified cooperation between CoR Commissions and EP committees/ECON Relevance for EU The LRAs have a key role to play in promoting and funding the long-term Regional and Local investments needed to achieve the Europe 2020 targets and to implement the Authorities "new approach to ensure Europe's economic growth and social and environmental sustainability beyond the 2020 timeframe, taking into account the Europe 2020 review" (2016 CWP). To this aim, they face the challenge of improving their administrative capacity (explicitly addressed in the CSRs and Country reports in the European Semester 2014 and 2015). Policy objectives, Policy objectives: key challenges and 1. Bringing up the issue of obstacles to long-term investments in the EU impact indicators agenda. 2. Bringing up the need for adequate funding of regional and local long-term investments in the EU agenda. 3. Bringing up the issue of supporting administrative capacity building at regional and local level, as a precondition to promote and fund long-term investments, in the EU agenda. Key challenges: 1. Elaborating new ideas and concrete proposals, drawing on the CoR's monitoring and reflection activity 2. Reaching out to the relevant interlocutors in the EU institutions Structuring an appropriate timeline of activity interlinked with the overall Semester roadmap Proposed actions and support instruments Impact indicators: Publication of ideas and proposals based on monitoring results Number of policy milestones to which the CoR brings its voice Quantitative/qualitative assessment of how Commission, Council and EP documents reflect the CoR input (including impact of opinions) a) Adopting and following up Opinions, namely: on "the role of national and regional promotional banks" (underway); on "long-term financing of the European economy" and on "Green Paper on the long-term financing of the European economy" and on "promoting quality of public spending" (BUDG-V-009) (follow-up). A further opinion will be considered on supporting administrative capacity building of local and regional authorities with respect to promoting long-terms investments; COR-2015-05404-00-01-TCD-TRA (EN) 13/22 b) Taking part in the relevant EU political and legislative milestones (CWPs; European Semester, mirroring the related EP timetable; Council rotating Presidencies and the European Council) c) Engaging in inter-institutional exchanges ahead of the relevant milestones, as appropriate (exchanges of views, also during CoR ECON meetings/Plenary Sessions; workshops/conferences/high-level meetings; publication of monitoring reports) d) Monitoring developments on the ground, feeding results into Opinions, Resolutions, Bureau Declarations and the overall political debate, through panel debates, workshops, studies and similar actions. Actively cooperating with the EIB, based on the Action Plan. Timetable for Timetable: implementation and Most actions follow the interinstitutional timetable below inter-institutional Monitoring activities follow a parallel and interlinked timetable (to be calendar defined by the Steering Committee of the Europe 2020 Monitoring Platform), aimed at publishing the Monitoring Report during the Open Days week Interinstitutional calendar: As laid down in the CWPs (published in October) the European Semester (AGS in November, Country Reports in February, NRPs in April, CSRs in May) the EP timetable relating to the European Semester the calendars of the Council rotating Presidencies and the European Council. COR-2015-05404-00-01-TCD-TRA (EN) 14/22 Policy theme Improving the regional business environment and strengthening the territorial dimension of SME policy CoR commission ECON Reference to the The Resolution on the CoR's priorities for 2015-2020 (ref. COR-2015-02565, 7) policy priorities of refers to boosting the entrepreneurial spirit and enhancing SME competitiveness the CoR under the priority A fresh start for the European economy. The CoR Resolution on the priorities for the 2016 work programme of the European Commission (ref. COR-2015-03308, 16) suggests a more prominent role for local and regional authorities in implementing the SBA principles. Relevance for EU Regions and cities can contribute valuable expertise from the ground to the Regional and Local identification of administrative and regulatory burdens that are detrimental to Authorities the business environment. Regional and local authorities also foster SMEs and entrepreneurship by contributing to the emergence of strong business ecosystems. Consequently, they should be associated more strongly to the governance of EU SME policy. Policy objectives, The main policy objectives within this priority are twofold: key challenges and 1) Improving the regional business environment by cutting red tape and impact indicators creating smart regulation for SMEs, including removing obstacles related to the Internal Market and to VAT reporting requirements. 2) Strengthening regional and local business ecosystems by improving access to finance for SMEs and start-ups, supporting businesses throughout their life-cycle, and improving governance of SME policy. One key challenge consists in the fact that the European Commission no longer envisages a "Small Business Act 2.0", but aims to integrate SME policy into sectoral policies. The priorities therefore focus on specific policy areas, such as regulatory simplification, access to finance, access to markets, and governance. Impact indicators: a greater recognition of the regional and local dimension of SME policy by the European Commission; formal association of CoR representatives to the SME envoys' network inclusion of a territorial dimension in the SBA fact sheets Proposed actions and support instruments Objective 1): Possible joint event with the Dutch EU presidency and the Dutch provinces on administrative burden for SMEs; ECON seminar in Graz to launch the debate on Smart Regulation, with the participation of the OECD's Regulatory Policy Division; Possible CoR analytical/consultative action on better regulation for SMEs; Possible CoR Opinion on the VAT action plan, which is expected to include a comprehensive simplification package for SMEs; COR-2015-05404-00-01-TCD-TRA (EN) 15/22 Timetable for implementation and inter-institutional calendar Support instruments: Surveys of CoR networks and platforms, in particular of the EER regions and possibly the Europe 2020 platform, to identify the most burdensome regulation for SMEs and contribute to the REFIT exercise. Cooperation with the EEN in this area could also be explored. Objective 2): Possible CoR Opinions on the Start-up initiative and on the legislative initiative on business insolvency, which is of particular relevance to SMEs; Possible CoR analytical/consultative action on governance of SME policy; Letter from the ECON Chair or CoR President to Commissioner Bieńkowska following up on her suggestion to associate LRAs to the SME envoys meetings, made at the EER conference on 22 June 2015; Support instrument: Study gathering evidence on good practices in subnational governance of SME policy, based on the EER experience. It is suggested that the CoR take the lead in shaping the calendar on objective 1), also considering the expected priorities of the Dutch EU presidency. The precise timetable will depend on the areas of legislation to be considered: 16 March 2016: Report on the evaluation of the Late Payment Directive; First half of 2016: Possible event with the Dutch EU presidency on administrative burden; consultation of CoR networks and platform; 2016: Expected publication of the VAT Action Plan by the Commission; September-November 2016: External ECON Seminar. A possible timetable for objective 2) could include the following milestones: 28 October 2015: Publication of the European Commission's Single Market Strategy, which puts a strong emphasis on SMEs and start-ups. December 2015: Launch of a study on lessons learned about good practices in the governance of SME policy (publication in April 2016); 2016: Legislative initiative on business insolvency and Start-up initiative; Depending on the date of the Start-up initiative, a first discussion of a CoR Opinion on this dossier could take place at the ECON meeting in Kraków. COR-2015-05404-00-01-TCD-TRA (EN) 16/22 Policy theme Europe's trade and investment strategy CoR commission ECON Reference to the Both the CoR resolution on the priorities for the 2016 work programme of the policy priorities of European Commission (ref. COR-2015-03308, point 48) and the CoR the CoR Resolution on the European Committee of the Regions' priorities for the sixth term of office 2015-2020 (ref. COR-2015-02565, point 38.) highlight the relevance of international trade to the CoR. Relevance for EU Trade and investment deals entail risks as well as opportunities and are likely to Regional and Local have consequences across all levels of society, including the local and regional Authorities levels. Trade and investment deals are likely to amount to joint agreement that are subject to approval by the European Parliament and ratification by all 28 EU Member States, which, depending on the law of each Member State, may require the approval of not just the national parliaments, but also that of the governments, parliaments and chambers representing the regional level. Policy objectives, and key challenges and impact indicators Proposed actions and support instruments The European Commission has announced a review of the European Globalisation Adjustment Fund (EGF). The review aims to make it easier to get access to the EGF as the reserve set aside for EGF interventions has never been fully used. A recognition and a sincere consideration of the regional and local dimension of international trade and investment Further modernisation of the investment protection agreements in agreements other than TTIP Clearer distinctions of what the trade agreements cover-Ensure that the increased transparency in trade negotiation also reaches the CoR and LRAs (specifically in the TiSA negotiations) Highlight that not only national parliament but also regional parliaments should be consulted on trade agreements before they can be finalized. Ensure that the review of the EGF really provides easier access to its funds. Impact indicators: Systematically improved information on how new trade agreements are likely to affect regions Further access to confidential trade negotiation information TTIP: Continued follow-up of the TTIP opinion with regular visits to the reading room in view of new negotiation rounds. Letter from the rapporteur and the ECON chair to Commissioner Malmström as regards the new investment protection proposal. TiSA: Further exploration of the possibility of the TiSA rapporteur to participate in INTA committee debates as well as less formal structures as the TISA monitoring group. Further inquiries as to the possibility of having access to COR-2015-05404-00-01-TCD-TRA (EN) 17/22 Timetable for implementation and inter-institutional calendar classified documents as is the case for TTIP. Trade and Investment Strategy: A rapporteur could be appointed on 10 December 2015 and then the opinion should be discussed in ECON on 29 February 2016 and adopted in ECON on 22 April. Adoption in plenary in June. Possibly undertake a territorial impact assessment or other forms of research on the effects of TTIP or TiSA. The basis could perhaps be the CEPR study which is the basis for the Commission's calculation of the benefits of TTIP. TTIP: Commission is aiming to conclude of the negotiations by end of 2016. The EP will then accept or refuse the TTIP. The letter from the ECON chair and the TTIP rapporteur to Commissioner Malmström is pending political validation of the Chair and political coordinators. TiSA: Possible conclusions by end of 2016. EP report to be adopted beginning of 2016. Possibly a speaking slot at the INTA Committee meeting on 30 November/1 December. The EP report on the Trade and Investment Strategy is scheduled to be adopted in May in the INTA Committee and in the June plenary. COR-2015-05404-00-01-TCD-TRA (EN) 18/22 Policy theme Completing the single market to promote growth, competitiveness and employment CoR commission ECON Reference to the – Resolution on the Commission's Work Programme for 2015 (COR-2015policy priorities of 00074); the CoR – Resolution on the European Committee of the Regions' priorities for the sixth term of office 2015-2020 (COR-2015-02565); Resolution on the priorities for the 2016 work programme of the European Commission (COR-2015-03308); Relevance for EU The economic prospects of regions and cities are directly impacted by Regional and Local measures to complete the single market. Realising the untapped potential of Authorities services, profiting from fast-developing trends such as the sharing economy and further opening up public procurement markets are aspects of the single market that are particularly relevant for LRAs. Policy objectives, Policy objectives: key challenges and Ensure that the views and interests of Europe's regions and cities are taken impact indicators into account in measures aimed at completing the single market, in particular as regards business and professional services, and that related territorial impacts are evaluated Ensure that the views and interests of Europe's regions and cities are taken into account in the process of development of the European agenda for the sharing (collaborative) economy, clarification of the regulatory frameworks for the sharing economy business models and assessment of regulatory gaps Ensure that the rules on public procurement and their interpretation and transposition need to reflect regional and local circumstances. In this context it is of particular importance that the remedies directive, currently subject to the REFIT exercise, is revised with the aim of reducing the number of frivolous claims. Key challenges: Communicating the CoR's key political messages in the interinstitutional processes via events, publications and follow-up activities. Proposed actions and support instruments Impact indicators: Provisions in enacted legislation and other measures that address the concerns of regions and cities. Political follow-up of the EC Communication on "Upgrading the Single Market: more opportunities for people and business"; Follow-up of the opinion "Local and regional dimension of the sharing economy", including cooperation with representative organisations of the sharing economy sector at European level; possibly a good practices sharing Open Days event; Subsidiarity monitoring network consultation/territorial and urban impact assessment on any EU regulatory actions concerning the sharing economy, COR-2015-05404-00-01-TCD-TRA (EN) 19/22 Timetable for implementation and interinstitutional calendar if necessary; Cooperation with representative business organisations, regions and the EC in an event addressing the gaps and untapped potential of the Single Market from a regional point of view; The CoR could launch a study measuring to what an extent the public procurement directives in place have been transposed and how that may affect the functioning of the single market as well as LRAs. The CoR could use the study to devise a handbook to help LRAs interpret the public procurement rules correctly. CoR: first half of 2016: launch of a study on transposition of the public procurement directives; CoR: Open Days 2016: a workshop/seminar presenting good practices and regulatory/practical approaches towards sharing economy business models at the local and regional levels and the latest developments CoR: second half of 2016: Single Market event in cooperation with representative business organisations, regions and the EC. COR-2015-05404-00-01-TCD-TRA (EN) 20/22 Policy theme LRAs in Economic Governance and the European Semester CoR commission ECON Reference to the Athens Declaration (Ref: COR-2014-00750) policy priorities of Resolution on Improving the functioning of the European Union: Lisbon the CoR Treaty and beyond (Ref: COR-2015-03307) (point 16) Resolution on the 2016 Work Programme of the EC (Ref: COR-201503308) Bureau Declaration On the 2015 European Semester (Ref: COR-201504461) Relevance for EU LRAs have a key role to play in economic governance and the European Regional and Local Semester, in order to ensure that they are designed adequately and Authorities implemented effectively, as well as to increase their democratic legitimacy and accountability. Policy objectives, Policy objectives: key challenges and Strengthening the involvement of LRAs in European economic governance impact indicators in general, and the European Semester in particular (whether as targets for CSRs, or as partners for NRPs drafting and implementation, etc.); Strengthening the involvement of the local and regional authorities in the forthcoming European Commission's "new approach" to sustainable development, based on the Europe 2020 review and linked to the UN Sustainable Development Goals; Reinforcing the interinstitutional role of the CoR at EU level in the field of economic governance in general, and in the Semester in particular, in part via deeper cooperation with relevant institutions (EP, principally, and EC) Key challenges: Elaborating new ideas and concrete proposals, drawing on the CoR's monitoring and reflection activity, Reaching out to the relevant interlocutors in the EU institutions Structuring an appropriate timeline of activity interlinked with the overall Semester roadmap Impact Indicators: increase in measured involvement of LRAs in the European Semester (CSRs and NRPs in particular) as well as the Europe 2020 strategy strengthened CoR role at EU level in this policy field – in particular in relation to the EP Proposed actions opinions (including on 5 Presidents' Report, as well as a potential opinion and support on Europe's long-term strategy for growth and jobs and a sustainable instruments European future) yearly resolutions on the European Semester and AGS (before or after their publication), based on analysis of the Country Reports, NRPs and CSRs cooperation with EP via joint hearings and events, invitations to the CoR, COR-2015-05404-00-01-TCD-TRA (EN) 21/22 etc. cooperation with other actors: EC, MS, think tanks, etc. via hearings and events EU2020 Monitoring Platform work, including annual Monitoring Reports, and distribution of work to institutions and stakeholders surveys and distribution to institutions and stakeholders studies, possibly looking, among other things, at the implicit cost, in economic terms, of not giving EU growth and jobs strategies a territorial dimension stronger involvement of members (including ECON chair and coordinators) Timetable for Implementation: Ongoing, following the Semester's interinstitutional timeline implementation Calendar: Ongoing yearly cycle (European Semester: AGS in November, and inter- Country Reports in February, NRPs in April, CSRs in May) institutional + EP timetable relating to the Semester (resolutions) calendar + calendars of the Council Presidencies and the European Council For Europe's long-term strategy for growth and jobs and a sustainable European future, the calendar is tbc on the basis of the upcoming EC initiatives _____________ COR-2015-05404-00-01-TCD-TRA (EN) 22/22