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The Independent UK
The Independent UK
National
Lorne Cook

EU unveils plan to protect economies from rivals. China is a focus, but is not named in the proposal

Copyright 2023 The Associated Press. All rights reserved

The European Union unveiled a proposal Tuesday to protect the bloc’s economies from risks posed by unreliable suppliers in countries that do not share its values, like China, after the war in Ukraine exposed Europe’s dependency on Russia for oil and gas.

The European Commission, the EU’s executive arm, is trying to develop measures to protect trade and investment, particularly in the tech and communication sectors, that rivals might want to exploit for security or military purposes.

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