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There is no longer any question of being intimidated.
The European Commission proposes to equip itself with an instrument allowing it to punish a third country which tries to influence a political decision of the Union or of a State by exercising economic blackmail.
This new "anti-coercion tool" must fill a void in the arsenal that the EU is building up to strengthen its trade policy.
This was moreover a request from the European Parliament but also from the 27, which should make it easier to obtain a final agreement.
Whether it is a camouflaged embargo, extraterritorial sanctions or other restrictions on trade and investment, we are in a context of
"aggressive instrumentalisation of world trade in which the Union did not yet have all the means to defend oneself
”, summarizes Éric Maurice, of the Schuman Foundation.
See also
The European Parliament is suing the Commission for inaction on the rule of law
The instrument was initially devised to counter Donald Trump's economic threats to certain European countries, such as France, to force them
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