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EU plan for tougher retaliatory toolbox should go much further, lawmakers urge

By Joanna Sopinska ( June 26, 2020, 14:25 GMT | Insight) -- The EU's proposed range of tools with which to retaliate over trade disputes could be beefed up further, under a push by the bloc's lawmakers to help the European Commission compensate for the broken appeals system at the World Trade Organization. Among the ideas being argued for by EU legislators are extending the scope of the commission's planned measures to include services and trade-related aspects of intellectual property rights, plus speeding up the EU regulator’s response time by empowering it to impose provisional safeguard measures.The EU's proposed range of tools with which to retaliate over trade disputes could be beefed up further, under a push by the bloc's lawmakers to help the European Commission compensate for the broken appeals system at the World Trade Organization....

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