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EU defense against economic coercion takes shape

The European Parliament’s Committee on International Trade passed its draft for an anti-coercion instrument by a large majority, and thus took a big hurdle. Its purpose is to prevent any form of economic coercion, particularly from China. The committee’s deputies also voted in favor of immediately launching trilogue talks with the EU Commission and the Council of the European Union to advance the trade instrument faster. A vote in the European Parliament is thus not required.

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