European leaders gathered in Brussels for a summit that was initially intended to address the bloc's competitiveness in the global arena, particularly in light of growing competition from the United States and China. However, discussions took a different turn as pressing foreign affairs issues demanded immediate attention.
The summit, which included 27 leaders, shifted its focus to address escalating tensions in the Middle East and the ongoing conflict between Russia and Ukraine. The recent attack by Iran on Israel heightened regional anxieties, prompting EU leaders to call for restraint and de-escalation from all parties involved.
EU's top diplomat indicated that further sanctions against Iran were being considered, potentially expanding the existing regime to target Iranian military support for Russia's actions in Ukraine. The leaders also emphasized the need for an immediate ceasefire in Gaza and increased humanitarian aid for Palestinians in need.
The ongoing Israel-Hamas conflict, fueled by Iranian-backed militant groups, has resulted in significant casualties and destruction. Meanwhile, the war in Ukraine, with Russia's continued aggression, has left the country in dire need of military assistance and ammunition.
Despite the heavy foreign affairs agenda, discussions also touched on enhancing the EU's competitiveness and strengthening the bloc's single market. A report presented at the summit highlighted the challenges faced by businesses due to regulatory burdens and administrative hurdles.
EU Council president emphasized the importance of dismantling barriers to growth and fostering a conducive regulatory environment for businesses to thrive. Investments in strategic sectors and a reevaluation of state aid policies were deemed crucial for enhancing competitiveness.
