EP position: protect the EU from economic coercion
EP Position
The European Parliament adopted at first reading on 3 October 2023 a formal position endorsing a text aimed at the adoption of Regulation (EU) 2023/… on the protection of the Union and its Member States from economic coercion by third countries. The adopted position is published on the European Parliament website and the document is available in PDF and DOC formats rather than HTML.
Key Trade Point
The central trade-related point in the text is the focus on addressing economic coercion by third countries and establishing a Union-level regulatory response to protect the Union and Member State interests. The document frames economic coercion as a cross-border economic challenge requiring dedicated regulation.
What Comes Next
The position was adopted with a view to the adoption of Regulation (EU) 2023/… of the European Parliament and of the Council.
Sources
Official Documents
- ***IPOSITION OF THE EUROPEAN PARLIAMENTadopted at first reading on 3 October 2023 with a view to the adoption of Regulation (EU) 2023/… of the European Parliament and of the Council on the protection of the Union and its Member States from economic coercion by third countries(EP-PE_TC1-COD(2021)0406) Parliament adopts at first reading its position on Regulation to protect the Union from economic coercion by third countries.
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