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European Parliament adopts its Motion for a Resolution on the Trade Policy Review

On 26 November 2020, the European Parliament adopted a resolution on the incoming EU trade policy review for which the Commission is expected to adopt a new Strategic Communication by the first half of 2021.

The successful voting, witnessing 593 in favors and 50 against, marked the end of a speedy but intense political debate across several Parliamentary Committees under the leadership of the Committee for International Trade.

The Resolution calls for an EU Trade Strategy built around the concepts of “Open Strategic Autonomy” capable of filling some of the most urgent gaps evidenced by the COVID-19 pandemic, around a stronger, modernized and streamlined rules-based multilateral trade system with the WTO and climate action commitments at its center.

The MEPs took the occasion to touch upon issues of EU business-competitiveness protection about accessing global markets and against unfair predatory practices from trading partners through existing TDI tools and better trade rights enforcement mechanisms via the newly appointed Chief Trade Enforcement Officer.

For more details, check out Cerame-Unie press release. (FD)

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