European Commission move to protect its trade interests as WTO remains in Crisis

European Commission move to protect its trade interests as WTO remains in Crisis

The European Union has made a move to increase the focus on compliance and enforcement of the EU’s trade agreements by the creation of the position of Chief Trade Enforcement Officer.

The move comes as the World Trade Organisation remains in crisis as the US remains apposed to the commencement of the selection procedure for appointing new judges to the appeal court (the Appellate Body) that adjudicates on trade disputes. The BBC reported in more detail earlier in the month.

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President of the European Commission, Ursula von der Leyen, said: “A stronger Europe in the world implies efficient EU leadership on global trade and appropriate powers to ensure that international trade rules are respected. For that reason, I start my mandate by taking swift action to strengthen our trade toolbox. Today’s proposals will let us defend our interests in these particularly uneasy times for international trade. As many European jobs are at stake, the EU needs to be equipped to ensure that our partners respect their commitments and that’s what this proposal aims for.”

By creating the position of Chief Trade Enforcement Officer the European Commission intends to protect its trade interests despite the paralysis of the multilateral dispute settlement system in the World Trade Organization.

You can read more about this announcement directly on europa.eu.

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