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EU will devise economic security doctrine to use new trade tools coherently, Šefčovič says

By Joanna Sopinska and Oscar Pandiello ( November 4, 2024, 16:14 GMT | Insight) -- The EU will develop a doctrine to implement its new economic security strategy in a coherent and effective way, Maros Šefčovič told today the bloc’s lawmakers at the hearing for his nomination as the EU commissioner for trade and economic security. The Slovak politician also said the EU was determined to defend its interests in a “targeted” and “proportionate” way.With increasing weaponization of trade policy worldwide, the EU’s executive arm will devise an economic security doctrine for a coherent deployment of its defensive trade tools, Maros Šefčovič, Slovakia’s nominee for the EU commissioner for trade and economic security, told lawmakers today....

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