P9_TA(2023)0333 Economic coercion by third countries European Parliament legislative resolution of 3 October 2023 on the proposal for a regulation of the European Parliament and of the Council on the protection of the Union and its Member States from economic coercion by third countries (COM(2021)0775 — C9-0458/2021 — 2021/0406(COD)) P9_TC1-COD(2021)0406 Position of the European Parliament adopted at first reading on 3 October 2023 with a view to the adoption of Regulation (EU) 2023/… of the European Parliament and of the Council on the protection of the Union and its Member States from economic coercion by third countries
Date: 2023-10-03
Institutions: Committee on Foreign Affairs, Committee on International Trade, Committee on the Internal Market and Consumer Protection, European Parliament
Subjects: EU Member State, EU restrictive measure, economic sanctions, international sanctions, international trade, investment, legal person, natural person, third country, trade restriction




C_202401193EN.000101.fmx.xml












Official Journal of the European Union


EN
Series C













C/2024/1193


23.2.2024






P9_TA(2023)0333
Economic coercion by third countries
European Parliament legislative resolution of 3 October 2023 on the proposal for a regulation of the European Parliament and of the Council on the protection of the Union and its Member States from economic coercion by third countries (COM(2021)0775 — C9-0458/2021 — 2021/0406(COD))
(Ordinary legislative procedure: first reading)
(C/2024/1193)



The European Parliament,






—


having regard to the Commission proposal to Parliament and the Council (COM(2021)0775),










—


having regard to Article 294(2) and Article 207(2) of the Treaty on the Functioning of the European Union, pursuant to which the Commission submitted the proposal to Parliament (C9-0458/2021),










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having regard to Article 294(3) of the Treaty on the Functioning of the European Union,










—


having regard to the provisional agreement approved by the committee responsible under Rule 74(4) of its Rules of Procedure and the undertaking given by the Council representative by letter of 14 June 2023 to approve Parliament’s position, in accordance with Article 294(4) of the Treaty on the Functioning of the European Union,










—


having regard to Rule 59 of its Rules of Procedure,










—


having regard to the opinions of the Committee on Foreign Affairs and the Committee on the Internal Market and Consumer Protection,










—


having regard to the report of the Committee on International Trade (A9-0246/2022),






1.   

Adopts its position at first reading hereinafter set out;



2.   

Approves the joint statement by Parliament, the Council and the Commission annexed to this resolution, which will be published in the C series of the Official Journal of the European Union;



3.   

Takes note of the statement by the Commission annexed to this resolution, which will be published in the C series of the Official Journal of the European Union;



4.   

Calls on the Commission to refer the matter to Parliament again if it replaces, substantially amends or intends to substantially amend its proposal;



5.   

Instructs its President to forward its position to the Council, the Commission and the national parliaments.







P9_TC1-COD(2021)0406
Position of the European Parliament adopted at first reading on 3 October 2023 with a view to the adoption of Regulation (EU) 2023/… of the European Parliament and of the Council on the protection of the Union and its Member States from economic coercion by third countries


(As an agreement was reached between Parliament and Council, Parliament's position corresponds to the final legislative act, Regulation (EU) 2023/2675.)






ANNEX TO THE LEGISLATIVE RESOLUTION

Joint Statement of the European Parliament, the Council and the Commission on Regulation (EU) 2023/2675 on the protection of the Union and its Member States from economic coercion by third countries

Economic coercion may affect any area of the Union’s or a Member State’s activities and may have complex political, economic and legal implications. This Regulation is a necessary and effective response to economic coercion and operates through deterrence but can lead to the adoption of countermeasures, where necessary in the last resort. This Regulation has no precedent, it is designed carefully and with due regard to the significant implications of cases of economic coercion. It follows that this Regulation and approaches therein, in particular the conferral of implementing powers to the Council under Article 4, are strictly subject-specific and they do not present a precedent for other legislative files based on Article 207 TFEU, or for proposing such acts. Equally, the rules on the use of the examination procedure in relation to Union response measures agreed in this instrument do not prejudge the outcome of other ongoing or future legislative negotiations and are not to be seen as precedent for other legislative files. This Regulation therefore shall not be considered as a precedent for other acts.

Statement by the Commission on the use of examination procedure for Union response measures under Regulation (EU) 2023/2675 on the protection of the Union and its Member States from economic coercion by third countries

The Commission is committed to cooperate closely with the European Parliament, with the Council and with the EU Member States in the application of the EU Anti-Coercion Instrument, at all stages, following applicable rules and best practices. The Commission notes that delivering a united EU response will support the key features of the instrument, namely, deterrence and effectiveness, and will be the most appropriate in light of the sensitive nature of the instrument.
The Commission underlines that, in the context of this regulation, arriving at solutions which command the widest possible support is achievable given the nature and impact of the Union action under the regulation. The application of this regulation requires an assessment of complex economic, policy and legal matters, which provides a substantial margin for selecting solutions, and notably those which have the widest possible support from EU Member States.
In this regard, in the exercise of its implementing powers under the regulation, and following the rules and general principles established by the European Parliament and the Council and laid down in Regulation (EU) No 182/2011, the Commission will pay particular attention to affording early and effective opportunities to the committee of EU Member States to examine any draft implementing act and express views before voting, and, at all times, to work towards solutions which command the widest possible support by the EU Member States within the committee. Subject to protection of confidential information, the Commission will make available to the European Parliament and the Council the analysis of the envisaged measures referred to in Article 13(4) promptly when submitted to the Member States. The Commission will draw the attention to the European Parliament and the Council where the envisaged Union response measures relate to those described in Article 8(4).
Furthermore, in the event a committee delivers no opinion on a draft implementing act, the Commission will take the utmost account of the views expressed within the committee and will prioritise return to the committee with an amended draft act, in order to ensure the widest possible support for a positive opinion by consensus or qualified majority in favour in relation to an amended draft act. Should it be necessary to have recourse to the appeal committee, the Commission will take the utmost account of the views expressed within the appeal committee and work towards the adoption of measures which are based on the widest possible support for a positive opinion by consensus or qualified majority in favour. In the event that the appeal committee delivers a no opinion on a draft implementing act, the Commission will act in such a way as to avoid going against any predominant position within the appeal committee against the appropriateness of the draft implementing act.



ELI: http://data.europa.eu/eli/C/2024/1193/oj
ISSN 1977-091X (electronic edition)