The European Commission published its first report on the operation of the Foreign Subsidies Regulation (FSR) in mid-July. The report covered the three years since the FSR was implemented in July 2023 to address distortions to the internal market caused by subsidies granted by third countries to undertakings engaging in economic activities in the European Union (EU). In its review, the […]
Since 2020, the Chinese government has proposed revisions of its two main government procurement laws: the Government Procurement Law (GPL) and the Tendering and Bidding Law (TBL). That reform process has now moved to China’s National People’s Congress (NPC), its national legislature. In June, after deliberations by the NPC Standing Committee, the NPC publicly solicited comments […]
The international procurement landscape is changing as countries and economies respond more proactively to protectionism in their counterparts’ markets by adopting domestic preferences and reciprocal measures. Trading partners that have long criticized the use of ‘buy local’ policies, especially by the United States and China, are reversing course as they adopt—or prepare to adopt—their own […]
A new Briefing Paper, “Key International Procurement Developments in 2025,” published by Thomson Reuters, looks at key developments in international government procurement in 2025. The Paper begins with the Trump administration’s tariff and trade policies, which are reverberating throughout the global trading system. On government procurement, they include a threat to withdraw from the WTO Government […]