Sep 17, 2024, 3:13 PM
Sep 17, 2024, 8:56 AM

Maroš Šefčovič appointed as EU trade czar after Brexit role

Highlights
  • Maro Šefčovič has been appointed as the new trade commissioner by Ursula von der Leyen.
  • He will also oversee customs policy while continuing his role in institutional relations and transparency.
  • This appointment reflects a strategic move to strengthen the EU's economic security and trade defenses.
Story

On Tuesday, European Commission President Ursula von der Leyen appointed Maro Šefčovič as the new trade commissioner, a role he will assume while continuing his responsibilities for institutional relations and transparency. This appointment comes as a surprise, as other candidates, including Wopke Hoekstra from the Netherlands and Czech Jozef Síkel, were previously considered for the position. Šefčovič, a seasoned official with 15 years of experience in the Commission, has built a reputation for being a reliable and effective operator. His new role will involve overseeing customs policy and contributing to the EU's economic security and trade strategies. This shift in focus is part of von der Leyen's broader agenda to enhance the EU's trade defenses and economic resilience, particularly in the wake of Brexit. The appointment of Šefčovič is significant as he has been the point person for the EU's relationship with the U.K., which will be crucial in navigating post-Brexit trade dynamics. As the EU seeks to strengthen its position in global trade, Šefčovič's experience and low-key approach may prove beneficial in fostering relationships and negotiating trade agreements. His ability to operate effectively in a caretaker capacity in the past suggests he is well-prepared to handle the complexities of this new role. The appointment reflects a strategic move by von der Leyen to ensure continuity and stability in the EU's trade policies during a time of uncertainty. Overall, Šefčovič's appointment signals a commitment to maintaining strong trade relations while adapting to the changing economic landscape. His leadership will be pivotal in shaping the EU's trade agenda moving forward, especially as the bloc recalibrates its strategies in response to global economic challenges.

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