Economic coercion by non-EU countries

At a Glance 27-09-2023

In an increasingly assertive geopolitical environment, the use of economic tools to advance foreign policy goals is on the rise. This can take the form of coercion, when a third country deploys restrictions on trade or investment to influence the sovereign choices of the EU or its Member States. On 8 December 2021, the Commission published a proposal for an anti-coercion instrument that would allow the EU to respond more effectively to such challenges on a global scale. In October, the European Parliament is expected to vote in plenary on adopting the political agreement reached between the co-legislators in trilogue negotiations.