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EU moves toward adopting “Anti-Coercion Instrument”

December 13, 2021 by Richard Schulman Leave a Comment

Until now, if an individual EU member is threatened by a non-member (as Lithuania has been by China), the EU can’t retaliate against the threatening party unless it secures the unanimous approval of all 27 EU member countries’ legislatures — a cumbersome and usually impossible procedure. But the European Commission (EC) is proposing the adoption […]

Filed Under: Trade  Tagged: Anti-Coercion Instrument (ACI), China, CPTPP (new 11-nation TPP), European Commission (EC), European Union (EU), Lithuania, Section 232

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