Internal Market Emergency and Resilience Act

Negotiating team present at the trilogue on the single market emergency instrument proposal of 1 February 2024
Negotiating team at the trilogue on the single market emergency instrument proposal of 1 February 2024 © European Union (2024)

Parliament and Council reached a provisional agreement on the proposal for a Regulation establishing the single market emergency instrument and repealing Council Regulation No (EC) 2679/98. The EP Rapporteur is Mr Andreas Schwab (EPP). The provisional agreement will now still have to be endorsed by the Parliament and the Council before it becomes a binding and directly applicable law for member states.

In a nutshell:

  • The new Internal Market Emergency and Resilience Act (IMERA) will put in place a three-tier crisis preparedness system for next emergencies.
  • Cross-border movement of essential goods and workers should not be restricted even in a crisis.
  • Companies can prioritise Commission's orders without being liable for other dropped contractual obligations.
  • Countries should inform companies and citizens better of their crisis measures.

Rapporteur Mr Schwab said: "Today we made the Internal Market better equipped to face the future crises. The Belgian Presidency has delivered on their commitment to finalise the file... With IMERA we will be able to navigate through the next crisis, whatever it might be."