Committee Description:

The Economic and Financial Affairs Committee (ECOFIN) is a council of the European Union that is composed of the economics and finance ministers from all EU member states, in order to discuss economic issues, taxation, and regulation of financial institutions. In an ever-evolving world where interconnectedness is increasing, discourse surrounding how to approach innovation and ingenuity is essential when considering economic approaches. This committee will discuss areas surrounding the role of non-state actors in global supply chains, corporations, and the Taiwan Strait with issues such as technology, electronics industry, and market competitiveness. Additional relevant discussion may include sustainability and ethical issues surrounding this. Delegates should expect to approach this topic in a multidimensional way, and to incorporate all of the intricacies it shall offer.