What is the Anti-Coercion Instrument?
Economic coercion, which means using economic tools to achieve political goals, has become an increasingly serious problem for EU governments and businesses. MEPs have adopted measures to help EU countries protect their interests against economic blackmail and manipulative market influences from countries which are not part of the EU. Thanks to the new Anti-Coercion Instrument, EU countries now have legal means to tackle coercive measures from non-EU countries: an essential instrument in the face of increasingly assertive geopolitics. But what is this mechanism and how does it work?