In a bid to enhance competitiveness, the European Union (EU) is focusing on deeper economic integration, particularly in light of geopolitical challenges posed by former U.S. President Donald Trump and a resurgent China. European ministers convened in Alden Biesen, Belgium, where they agreed to establish a roadmap aimed at bolstering the EU's economy by 2027.

The EU has faced continuous criticism over its economic performance, especially in regards to productivity and competitiveness. Notably, Mario Draghi, the former President of the European Central Bank, had previously warned that without urgent reforms, Europe could descend into a prolonged economic decline. This alarming possibility has led EU leaders to prioritize strategies that will safeguard their economic interests in an increasingly complex global arena.

By committing to a clearer integration strategy and boosting investments, the EU aims to mitigate its dependency on external forces, particularly those driven by U.S. policies under Trump and China's growing influence. This comprehensive approach signifies a determined effort by the EU to not only address immediate economic concerns but also to strengthen its position in the global market amidst shifting geopolitical dynamics.