On 18 February 2021 the European Commission presented its new trade strategy: “An Open, Sustainable and Assertive Trade Policy”. Building on the concept of open strategic autonomy, the new strategy aims to contribute to the economic recovery through support for the green and digital transformations, as well as a renewed focus on strengthening multilateralism and reforming global trade rules to ensure that they are fair and sustainable. In particular, the document prioritizes WTO reform and aims to strengthen the EU’s focus on implementation and enforcement of EU trade agreements and to ensure a level playing field for EU business. This policy dialogue will discuss the key features of the new strategy, as well as the challenges.
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