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G7 to coordinate coercion responses while EU prepares economic security strategy

G7 leaders issued an exceptionally lengthy joint statement at a summit hosted by Japan in the city of Hiroshima that covers a range of topics from the war in Ukraine, to Taiwan, healthcare, food security and climate mitigation – to name some of the most important ones. One of the …

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Von der Leyen increases momentum for EU outward investment controls

The European Commission said today it is considering putting in place legislation to monitor and if necessary prevent EU companies in sensitive sectors from making investments in third countries, notably China. During a speech at the Brussels-based think tank the European Policy Centre, commission president Ursula von der Leyen said …

Chips Act Exclusive Interviews Export controls dual use Industrial policy & trade Latest news Security

Interview: EU Chips Act is yesterday’s answer to tomorrow’s problems

The Russian war in Ukraine, the fallout from the Covid-19 pandemic, and current geopolitical tensions are shining a light on countries’ economic and strategic dependencies, and no more so than on the supply of semiconductors. In response, the European Commission last year put forward its “Chips Act”, which promises €42 …

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Week in Brussels: Swedish EU presidency, India FTA, Singapore digital deal, Chile FTA text, Russia sanctions

Below, a few key developments in EU trade this week as we await the outcome of a jumbo-trilogue on the EU’s climate package that will decide on the final shape of the EU’s carbon border adjustment mechanism. By Rob Francis and Iana Dreyer.