The European Union is advancing plans to bolster its economic security in response to growing risks posed by foreign trade restrictions, including export controls imposed by countries such as China. Officials are focusing on reducing strategic dependencies and enhancing the bloc’s capacity to respond swiftly to disruptions in critical supply chains. Measures under discussion include tighter screening of foreign investments, improved monitoring of dual-use technologies, and stronger coordination among member states to counter coercive economic practices. The initiative reflects a broader shift toward safeguarding economic sovereignty without escalating trade tensions. While the framework does not name specific nations beyond referencing recent actions by Beijing, the emphasis on export curbs highlights concerns over potential leverage gained through control of key industries. This strategic pivot aims to balance openness with resilience in an increasingly fragmented global economy.
— news from Reuters
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EU aims to improve defences against economic threats, such as China export curbs Reuters