Proposal for a Regulation amending Regulation (EU) No 654/2014 concerning the exercise of the Union’s rights for the application and enforcement of international trade rules

Author (Corporate)
Series Details COM (2019) 623
Publication Date 12/12/2019
Content Type

Summary:

The European Commission published on 12 December 2019 a legislative proposal aimed at allowing the European Union (EU) to protect its trade interests despite the paralysis of the multilateral dispute settlement system in the World Trade Organization (WTO).

Further information:

The initiative concerns an amendment of Regulation (EU) No 654/2014  concerning the exercise of the Union's rights for the application and enforcement of international trade rules and amending Council Regulation (EC) No 3286/94 laying down procedures in the field of the common commercial policy in order to ensure the exercise of the EU's rights under international trade rules, in particular those established under the auspices of the World Trade Organization (WTO).

The objective of the amendment is the protection of the Union’s interests under international trade agreements in situations when third countries adopt illegal measures and simultaneously block a dispute settlement process. The proposed amendment extends the scope of the Enforcement Regulation to allow for action in a situation of dispute settlement procedures that are blocked. This proposal came as a direct reaction to the blockage of the operations of the WTO Appellate Body.

Member State representatives adopted the Council's negotiation position on this proposal on 8 April 2020. The European Parliament's relevant committee adopted its own position on 6 July. An informal agreement between the co-legislators on a compromise text for the initiative was reached on 28 October.

Source Link https://eur-lex.europa.eu/legal-content/EN/ALL/?uri=COM:2019:623:FIN
Related Link(s)
Commentary and Analysis
EPRS: Briefing, July 2020: Review of EU Enforcement Regulation for trade disputes https://www.europarl.europa.eu/thinktank/en/document.html?reference=EPRS_BRI(2020)652021

News
The Irish Times, 12/12/2019: Phil Hogan to toughen EU trade laws after partial collapse of WTO body https://www.irishtimes.com/business/economy/phil-hogan-to-toughen-eu-trade-laws-after-partial-collapse-of-wto-body-1.4113103
Deutsche Welle, 12/12/2019: EU to give themselves new powers after WTO deadlock https://p.dw.com/p/3UhcY
Reuters, 12/12/2019: EU seeks to arm itself against U.S., others in trade disputes https://uk.reuters.com/article/idUKKBN1YG0WC

Official
European Parliament: Legislative Observatory: Procedure File for Proposal on Exercise of the Union's rights for the application and enforcement of international trade rules https://oeil.secure.europarl.europa.eu/oeil/popups/ficheprocedure.do?lang=en&reference=2019/0273(COD)
European Parliament: Legislative Train Schedule: Exercise of the Union's rights for the application and enforcement of international trade rules https://www.europarl.europa.eu/legislative-train/theme-a-stronger-europe-in-the-world/file-enforcement-regulation-review/09-2020
European Commission: Press Release, 13/12/2019: Commission reinforces tools to ensure Europe's interests in international trade https://ec.europa.eu/commission/presscorner/detail/en/ip_19_6748
European Commission: Questions and Answers: Commission proposes new tools to enforce Europe's rights in international trade https://ec.europa.eu/commission/presscorner/detail/en/QANDA_19_6757
Council of the European Union: Press Release, 08/04/2020: EU trade: Council agrees its position on revamped enforcement regulation https://www.consilium.europa.eu/en/press/press-releases/2020/04/08/eu-trade-council-agrees-its-position-on-revamped-enforcement-regulation/
European Commission: Press Release, 28/10/2020: EU strengthens trade enforcement arsenal with revamped regulation https://ec.europa.eu/commission/presscorner/detail/en/ip_20_1994
Council of the European Union: Press Release, 28/10/2020: Trade: EU reaches political agreement on updated enforcement regulation https://www.consilium.europa.eu/en/press/press-releases/2020/10/28/trade-eu-reaches-political-agreement-on-updated-enforcement-regulation/

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