The Competitiveness Council works to enhance competitiveness and increase growth in the EU. It deals with four major policy areas: internal market, industry, research and innovation and space.
Depending on the agenda, the Competitiveness Council brings together ministers responsible for trade, economy, industry, research and innovation, and space from all member states. Relevant European Commissioners also participate in meetings.
Meetings take place at least four times a year.
In its role as policy-maker, the Council seeks to boost the EU's competitiveness and growth. In so doing, it covers policy areas as varied as the internal market, industry, research and innovation, and space.
In the internal market, the Council as law-maker works to remove barriers that hinder cross-border flows of products, labour, capital and services.
In the field of industry, the Council combines a horizontal approach, which aims to integrate industrial policy concerns into all other related EU policies, with a sector-specific approach that heeds the special needs of each sector.
The Council works to improve the business environment, specially for SMEs. It does so by co-legislating on specific measures aimed at SMEs such as improving access to funding,cutting red tape and fostering innovation.
On research, innovation and space, the Council aims to strengthen the scientific and technological base of European industry, thus boosting its international competitiveness and driving growth and jobs. It is also working with the European Space Agency to develop European space policy.