Press release - EU will have stronger powers in trade disputes

The strengthening of the so-called enforcement regulation allows the EU to protect its trade interests against partners acting illegally.

Metadata
Provider: 
ECEC
URL: 
https://www.europarl.europa.eu/news/en/press-room/20210114IPR95626/https://www.europarl.europa.eu/news/en/press-room/20210114IPR95626/
Retrieved on: 
Wednesday, January 20, 2021
Information
Tags: 
Organizations, Articles, Trade blocs, International organizations, Confederations, European Union, Ukraine–European Union relations
Summary
Key Points: 
  • The strengthening of the so-called enforcement regulation allows the EU to protect its trade interests against partners acting illegally.
  • MEPs stress that these account for a large and growing share of world trade and are covered by international trade agreements.
  • The EU now has another credible, efficient and ambitious tool at its disposal to bolster its trade policies and ensure its strategic autonomy.
  • The new rules are part of efforts to have better EU tools to promote compliance and enforce EU trade agreements in an altered geopolitical context.
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