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

Latest EU trade developments

Similar policy actions

Language