EU readies new economic battle plan but leaves its old guns holstered

Source: China – South China Morning PostThe European Union is preparing an “economic security doctrine” that will for the first time connect its trade and economic defences – but while Brussels builds the pipes, national leaders remain reluctant to turn on the tap.
Sources say the doctrine, which was announced last week by trade chief Maroš Šefčovič, will allow bureaucrats to coordinate between existing and future instruments as they seek to make Europe’s fragmented arsenal quicker and more efficient to deploy.
Yet, after spending…Read More

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