The European Union (EU) is adding a new tool to its defensive trade measures that will allow it to retaliate against countries trying to coerce it or its member states to take certain action. In June, its co-legislative institutions – the
The European Union (EU) is implementing a Foreign Subsidies Regulation (FSR) that is aimed at addressing distortions caused by foreign subsidies in EU public procurement. The EU contends that foreign subsidies could provide foreign firms with an unfair
The George Washington University presented a webinar on “A new barrier to transatlantic procurement: the European Union’s Foreign Subsidies Regulation on April 18. The Foreign Subsidies Regulation (FSR) entered into force on January 12, 2023, with the
The European Union is seeking to scale up the manufacturing of clean technologies with a Net-Zero Industry Act. To accelerate access to markets for net-zero technologies, the proposed legislation deploys the EU’s sizeable public procurement (around EUR
The European Union (EU) has reached an agreement on a regulation that would enable it to reject bids from suppliers that receive foreign subsidies that distort the EU internal market. The Regulation gives the European Commission the power to investigate
After a decade-long effort, the European Union (EU) in June adopted a new trade tool aimed at achieving reciprocity by opening third-country public procurement markets and improving market access opportunities for EU suppliers, goods, and services. The new
The European Union is once again moving forward with a long-stalled proposed procurement regulation. It would allow the EU to close procurement or impose penalties when countries do not open their government procurement to EU companies. At the end of May,
A paper, Converging Procurement Systems: Developments in 2020, presented at the annual Thomas Reuters Government Contracts Year in Review Conference in February, examined key developments in the international procurement arena in 2020. They
On January 25, President Biden issued his first Made in America order, aimed at maximizing the use of goods, products and materials produced in, and services offered in, the United States in federal financial assistance awards and federal procurement. It
President Trump’s preference for bilateral trade agreements, expressed when he pulled the United States out of the Trans-Pacific Partnership (TPP) in 2017, has borne modest results: one comprehensive agreement and several limited trade deals. He recently