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Government procurement forms an important part of national economies. The EU has opened up its public procurement markets to third countries to a large degree, while many other economies have had limited appetite to liberalise market access. In 2012, the European Commission tabled a proposal for an international procurement instrument (IPI). The IPI would give the EU leverage in negotiating the reciprocal opening of public procurement markets in third countries. The Commission revised the proposal ...

Proposed anti-coercion instrument

Briefing 24-11-2022

It is widely held that geopolitical tensions in the world are on the rise. One of the clear indicators of this phenomenon is the increasing use of economic tools for the pursuit of strategic and geopolitical goals. This can take the form of coercion used by one country against another through restrictions on trade or investment in order to interfere with their sovereign choices. In response to the EU and its Member States becoming the target of deliberate economic coercion in recent years, on 8 December ...

Non-military coercion, which means using economic means to achieve political goals, has become an increasingly serious problem for EU governments and businesses. Experts believe that China, traditionally an opponent of economic sanctions, has been deploying coercive economic practices with growing intensity and scope, particularly since the reappointment of Xi Jinping as the country's president in 2018. Frequently deployed to gain leverage on issues such as territorial and maritime disputes, these ...

Distortive foreign subsidies

Glaustai 07-11-2022

Foreign state financing of companies can have distortive effects on the single market. In its first November plenary session, the Parliament will vote on the provisional agreement, reached in trilogue negotiations, on a proposed regulation to tackle such distortive foreign subsidies. Under the regulation, companies would need to notify subsidies granted by non-EU public authorities in areas of mergers and acquisitions and bids in big public procurements, and the Commission would have the right to ...

'Brexit Freedoms Bill'

Glaustai 07-11-2022

On 22 September 2022, the UK government tabled the Retained EU Law (Revocation and Reform) Bill, also referred to as the Brexit Freedoms Bill. It aims to abolish the principle of the supremacy of EU law in the UK by the end of 2023, and proposes to give the government new powers to amend, replace or repeal the EU laws copied into UK domestic legislation following the UK's withdrawal from the EU – 'Brexit'. The bill will now undergo parliamentary scrutiny and votes in both the House of Commons and ...

The United Kingdom (UK) was responsible for 0.9 % of global greenhouse gas emissions in 2019. UK per capita emissions of 6.6 tonnes CO2 equivalent were below EU levels and just above the global average. This is one of a series of EPRS briefings on major economies outside the European Union, looking at their climate policies in the run-up to the COP27 United Nations climate change conference of parties being held in November 2022.

In nominal terms, Poland is the fourth biggest beneficiary of the Recovery and Resilience Facility (RRF), after Italy, Spain and France . EU support for implementing Poland's National Recovery and Resilience Plan (NRRP) – Krajowy Plan Odbudowy – amounts to €35.36 billion, and includes €23.85 billion in grants and €11.51 billion in loans (a third of the maximum amount of loans available) . The total allocation (grants and loans) has to be paid out to Poland by the end of 2026; this amount represents ...

The EU-US Trade and Technology Council (TTC) was formally launched during the EU-US Summit in June 2021 to intensify transatlantic cooperation, expand bilateral trade and investment, and reinforce the parties' technological and industrial leadership. Another aim is to ensure that trade and technology serve society and economy while preserving shared values. The TTC has held two high-level political meetings, in September 2021 in Pittsburgh and in May 2022 in Paris-Saclay. These meetings steer cooperation ...

The 48th G7 Summit took place at Schloss Elmau, Germany, on 26-28 June 2022. Russia's war on Ukraine has heavily affected the G7's deliberations this year and created pressing new global challenges that were discussed both in the preparatory meetings and at the summit itself. The resulting communiqué focuses on supporting Ukraine, on reducing the impact of the war on the global economy, security of supply and prices of energy and food, climate challenges and the new G7 partnership for infrastructure ...

Public financing of enterprises, which has been on the rise globally, can have a distortive effect on competitive markets. In response to this trend, in May 2021 the European Commission published a proposal for a regulation to tackle foreign subsidies with a distortive effect on the EU single market. It would enable the Commission to investigate subsidies granted by non-EU public authorities to companies operating on the single market, and to apply countervailing measures, should these subsidies ...