00:01Europe risks weakening its industries if the UK is shut off from European supply chains as a result of the
00:08EU's Made in Europe policy.
00:09The UK's Minister for European Relations has told Euronews.
00:13Falconer said that maintaining open supply chains was strongly in the EU and UK's interests.
00:19If we were to fracture that industrial base, that would simply mean a weaker Europe, both in the UK and
00:25in the EU.
00:26The EU wants to shield its domestic industries from unfair foreign competition by introducing a preference for European manufacturers in
00:34public contracts.
00:35The proposal is seen as a response to China's state-subsidised competition.
00:40But opinions are divided over what qualifies as European and whether non-EU companies can be treated on an equal
00:47footing with their EU counterparts.
00:48The European industrial base is shared. We're the second largest export market for the EU.
00:57We're the largest recipient of new EU vehicles, many of which are partially constructed in the UK.
01:03It would not be in either of our interests to see new barriers arising in our economic relations.
01:10Last week, UK Prime Minister Andy Burnham raised his concerns over the scheme to European Commission President Ursula von der
01:18Leyen during the UN General Assembly in New York.
