Development Opportunities Offered at Sectoral Level by EU Enlargement

Differences between economic sectors in the current trade regime and in terms of competitiveness should lead to markedly divergent effects that EU enlargement will have on the Austrian secondary and tertiary sectors. In both of these sectors, industries prevail that have positive or at least neutral expectations from enlargement, and in manufacturing, the success of Austria's international trade in a regime that is already largely open clearly points at the high competitive capacity of domestic companies. The services sector will benefit overall, although some subsectors may be exposed to some threat. In its terms of negotiation with the CEECs, the EU has already responded by making time for preparatory measures.