This compromise shows Joe Biden’s desire to leave this file behind to focus on other primtary matters in his relationship with Germany
Media mentions – Geoeconomics
It will be a fairly firm demand that the Ukrainian pipeline is kept in operation. And it is likely to be Gazprom’s plan as well, as demand for gas in Europe will go up before it goes down
In the new geo-economic era, trade policy does not just follow trade logics, but also the logic of security policy and geopolitics. The EU needs an effective and credible anti-coercion instrument
Jonathan Hackenbroich, Pawel Zerka and Clara Sophie Cramer write about the proposed an EU anti-coercion instrument
The business online newspaper refers to ECFR’s policy paper on the Anti-Coercion Tool
China is willing to use economic sanctions to change EU policy
The EU wants to be better equipped to defend itself against coercion in the future. Jonathan Hackenbroich and Pawel Zerka have concrete proposals on how a response could look like through a new anti-coercion instrument
Our work has convinced us that there is a way to strengthen Europe’s resilience without taking an unacceptably high risk
The pressure on world bottlenecks is due to rising political tensions around the world, prompting states to use trade hubs as tools in conflicts
EU sanctions remain, above all, an important instrument of solidarity and one of the EU’s most powerful soft levers, which it should continue using