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The EU will better protect the market from unfair trade

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Photo: ANP
Published: June 23, 2017 16:34
Last update: June 23, 2017 16:34

The EU wants "robust" global trade, but with fair rules for everyone. Therefore, efforts must be made to better protect Europe from unfair commercial practices and market distortions by non-EU countries.
That's the EU leaders agreed on Friday in Brussels after a long discussion on the last day of their summit.

Premier Mark Rutte said after all that it was not about protectionism but '' about an equal playing field '.

The measures should make it possible to respond more effectively. For example, the European market is now flooded by spotless steel from China, which does not help the current taxes.

The EU is also faced with foreign investment and bids for public procurement in the EU while those countries reverse the door for Europe. "We must not be crazy Henkie," said Rutte.

The European Commission is currently analyzing foreign investment in strategic sectors, such as telecommunications, in the EU. Thereafter, Member States will continue to discuss what or what to do.