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Foreign Subsidies Regulation: views from key EU trade and investment partners
Together with organisations representing key EU trade and investment partners, AmCham EU released a joint statement sharing our views on the proposed Regulation on Foreign Subsidies. We support the European Commission’s objective to combat distortions of competition in the EU caused by foreign subsidies. However, our organisations identify risks with the current proposal around legal uncertainty, burdensome compliance due to overbroad definitions and delays. A balanced, proportionate and multilateral approach will be critical. The statement points to six main areas for refinement. Read the full statement here.