European Commission Proposes To Allow EU Retaliation Against Countries Restricting Procurement Markets
March 26, 2012 in WTO Reporter
BRUSSELS—In an attempt to pry open the public procurement markets of the United States, Japan, China, and other trading partners, the European Commission proposed March 21 that the European Union should be able to retaliate against trade restrictions to win government contracts.
“We need this pressure [of possible retaliation] to open up markets for our companies and our products,” EU Trade Commissioner Karel De Gucht told a news conference as he presented the proposal. …
