Global Trade Alert
Global Trade Alert

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EU: Commission establishes the Strategic Technologies for Europe Platform (STEP) for the green and digital transformation

Description

On 29 February 2024, the European Commission established the Strategic Technologies for Europe Platform (STEP) with an additional budget of EUR 1.5 billion (USD 1.6 billion) injected into the European...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

29 Feb 2024

Revocation date

31 Dec 2027

Implementation level

Supranational

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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