WS #15313
A joint Franco-German paper urges the EU Commission to activate new trade instruments to prevent over-reliance on single countries for critical supplies and to counter systemic distortions by third nations. This move signals a hardening of EU trade policy, potentially impacting global supply chains and importers. The proposal aims to diversify sources and protect European industries from external shocks.
EU Trade Defense
A joint Franco-German paper urges the EU Commission to activate new trade instruments to prevent over-reliance on single countries for critical supplies and to counter systemic distortions by third nations. This move signals a hardening of EU trade policy, potentially impacting global supply chains and importers. The proposal aims to diversify sources and protect European industries from external shocks.