Source: Bloomberg
Author: Jorge Valero, Bryce Baschuk
In China, Russia and other countries, it is increasingly showing that the European Union is intending to achieve political and military goals through trade and critical supply chain control, and the EU is studying a series of policy tools to ensure that it will ensure its important influence in the world.
The European Commission will announce its economic security strategy on June 20, which will outline the European Union's business and security risks.Essence
The European Union slowly fully recognizes its dependence on Russia.When Moscow launched an aggression against Ukraine a year ago, the European Union was hit by a record of innovation when looking for a new source of oil and gas from Russia, and the economy was severely damaged.However, the members of the member states are on the left of their strategies. Some countries do not want to fight a trade war with China, because China is an important business partner of several EU countries.
The following is the five tools implemented or planned to implement or plan to implement in order to ensure economic security:
Anti -Starding Tool
This year, European member states have adopted a series of new trade licenses that will allow the EU to counter the third countries with economic restrictions on political factors.The EU's anti -stress tools have enhanced the region's trade defense capabilities. The European Commission can take tariffs or other punitive trade measures for political -driven foreign trade restrictions.The necessity of such tools became more prominent after China was punished because of Taiwan's issue.Due to the foreign relations between Beijing downgraded and Lithuania and restricting the trade to the country, Lithuania exported to China by 75%last year.
As part of the Washington Global Alliance plan, the United States has been pressured to the European Union, asking it to adopt a more eagle position.In recent months, the Chairman of the European Commission Feng Dellai proposed a more tough position, saying that the EU needs to "reduce" risks from China without comprehensive decoupling.
But the transformation of this position has worried some companies, especially countries that have a deep trade relationship with China.German automakers Volkswagen, Mercedes-Benz and BMW have established dozens of factories in China. These three major automobile manufacturers currently sell in China than their sales in any market.
Examine overseas investment
The European Union Commission is considering implementing new restrictions on investment implementation of strategic opponents such as China and other strategic opponents in sensitive fields such as semiconductors to prevent Beijing from building a world -class chip industry.ASML HOLDING NV, a manufacturer of advanced semiconductor manufacturing equipment in the Netherlands this year, has accused a former Chinese employee for helping secret technical information.
Bynden government officials urged Europe to work together to prevent China from obtain sensitive technologies involving national security.Earlier this year, the Netherlands announced that it was restricted to export semiconductors to China to prevent the exit of lithography machines.
Examine domestic investment
Next month, the EU's foreign subsidy regulations will take effect, and will give the European Commission a new power to prevent subsidized foreign competitors from distorting the EU market competition.The tool requires all enterprises involved in large EU public bidding or mergers and acquisitions transactions must fulfill their reports and notification obligations.The European Commission is also evaluating the two -year history of foreign investment review rules, which are mainly based on foreign companies' ability to invest in EU member states.
EU's port strategy
Late this year, the European Parliament will consider implementing new restrictions on foreign companies that want to invest in key European infrastructure.Chinese companies have owned shares in the ports of at least 10 member states, which may allow Beijing to obtain sensitive information about European goods flow.
Trade Agreement
European decision makers are using its $ 86 trillion consumer market to discuss some trade agreements in order to expand the EU's influence in major overseas markets.The European Union's trade agreement with Chile and Australia is close to the end. If an agreement is reached, the EU will facilitate the EU's key materials for electric vehicle batteries.The European Commission is also negotiating with the southern market. This market includes some of the largest and rich countries in Latin America, such as Argentina, Brazil, Uruguay and Paraguay.Finally, the European Union is launching the "Gateway Gateway" plan. This investment project with a scale of 3,000 billion euros aims to compete with the China Belt and Road Plan in order to use the economic influence in Latin America, Central Asia and AfricaEssence
