The EU's international procurement initiative: opening foreign markets or acting as a new EU trade barrier?
26 March 2012
A recent European Commission proposal in the area of public procurement aims to ensure that international trading partners adhere to the principle of reciprocity and provide EU companies access to their procurement markets on levels similar to what non-EU companies enjoy in the EU. It is a controversial legislative proposal which has been characterised as both an international procurement market opening instrument and a foreign procurement defence instrument. Irrespective of its proper title, the proposal would add an extra layer of bureaucracy to procurement by delaying the procedure and create new risks in an already litigious area.
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