Geoeconomic Strategy Group – Building European unity in a changing geoeconomic reality 2024-25

On April 17-18, 2024, Madrid played host to a diverse group of public and private high-level stakeholders with foreign, economic, and security policy backgrounds. It was the concluding event of the 2023/24 edition of the ECFR Geoeconomic Strategy Group.

, Berlin time (CEST, UTC+2)
Venue: Hyatt Centric, Madrid

On April 17-18, 2024, Madrid played host to a diverse group of public and private high-level stakeholders with foreign, economic, and security policy backgrounds. It was the concluding event of the 2023/24 edition of the ECFR Geoeconomic Strategy Group, a project that engages public and private stakeholders on geoeconomic challenges across different work streams, including the new era of export controls and sanctions, outbound investment screening, and de-risking of strategic dependencies.

In Madrid, these work strands were united and framed against three major political dynamics: the US election, China’s securitizing economy, and the challenging de-risking trade-offs. The participants elaborated on Europe’s capabilities, constraints, and gaps concerning economic security, competitiveness, and de-risking agendas and provided recommendations and strategic guidelines for the next European Commission on how to approach these challenges comprehensively. ECFR is using these insights for forthcoming publications and is renewing the Geoeconomics project for the 2024/25 period.