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6th November 2020
External Relations & Trade Institutional law Justice & Litigation Tax

Op-Ed: “The EU strengthens its Trade Retaliation Powers” by Yves Melin and Jin Woo Kim

In a nutshell

On 28 October 2020, the European Parliament, the Council of the European Union (EU) and the European Commission reached an agreement to amend the EU Trade Enforcement Regulation of 2014 (Regulation 654/2014 or Enforcement Regulation). Once those changes enter into force, the EU will be able to impose retaliation measures against third countries breaching their international obligations vis-à-vis the EU under the World Trade Organization (WTO), despite the paralysis of the Appellate Body of the WTO dispute settlement body. The changes also broaden the type of measures the European Commission can adopt against third countries infringing their trade commitments vis-à-vis the EU: in addition to retaliatory duties on good

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