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Instrument to deter and counteract coercive actions by third countries
COMMISSION STAFF WORKING DOCUMENT IMPACT ASSESSMENT REPORT Accompanying the document Proposal for a Regulation of the European Parliament and of the Council on the protection of the Union and its Member States from economic coercion by third countries
Initiative summary:
In the legislative process on the Enforcement Regulation, the Parliament and Member States expressed concerns as to the practices of third countries to seek to coerce the EU or Member States to take or withdraw particular policy measures. The Commission shares the view that such practices raise significant concerns. Accordingly, the Commission intends to adopt a legislative proposal for a mechanism allowing to dissuade or offset coercive actions in a manner consistent with international law.