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Home » News » International
International

Finns Support EU Reducing Economic and Technological Dependence on US and China

Indian Community Editorial TeamBy Indian Community Editorial TeamMay 10, 20262 Mins ReadNo Comments Add us to Google Preferred Sources
Finns Support EU Reducing Economic and Technological Dependence on US and China
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A recent survey in Finland has shown strong backing for the European Union’s efforts to decrease its economic and technological reliance on the United States and China. The survey, conducted by Finnish Innovation Fund (Sitra) and Finnish Business and Policy Forum (Eva), revealed that 77% of respondents believe Europe should lessen its dependency on the US, even if it affects bilateral relations. However, 9% of respondents opposed this view, as reported by Finland-based Yle.

The researchers clarified that the sentiment is not about being anti-American but rather about distinguishing between security cooperation and economic/technological dependence. The survey also found that nearly three-quarters of respondents support stricter controls on energy networks, ports, and other critical assets for security purposes. Additionally, a similar number of respondents expressed the opinion that European companies should receive assistance in public procurement, even if it results in higher costs.

A significant portion of respondents, almost three out of four, advocated for forging partnerships with emerging economies such as India, Brazil, or Vietnam to reduce reliance on China. The survey highlighted that most respondents prioritize security over climate goals when necessary. Furthermore, around two-thirds of respondents endorsed reducing Europe’s technological dependence on China, particularly in sectors like batteries and electric vehicles, even if it hampers climate initiatives.

Respondents also indicated that self-sufficiency and security should be key areas of focus for the EU in the future. Notably, 65% of respondents felt that more attention should be given to common defense, while 44% believed that combating climate change should be a top priority. The survey, conducted by Taloustutkimus in March, gathered feedback from over 2,000 adults in mainland Finland and 34 EU experts. It noted a margin of error of 2–3 percentage points in either direction.

Brazil China European Union finland Finnish Business and Policy Forum (Eva) Finnish Innovation Fund (Sitra) India Taloustutkimus United States Vietnam
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Indian Community Editorial Team

The Indian Community Editorial Team curates, verifies, and publishes stories that matter to Indians worldwide. From culture and community to business and innovation, our mission is to spotlight voices, ideas, and events that bring our global community closer together. Have news or a story to share? Submit it to us at [email protected].

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