Tag: Francesco Francavilla

European Union member states are preparing for intense negotiations over whether to grant preferential treatment to domestic firms in public contracts worth approximately €2.5 trillion annually. The debate, reportedly led by France, comes as the bloc seeks to counter protectionist trade policies from the United States and China’s strategic use of critical supply chain dependencies.

EU Procurement Battle Looms Over Domestic Preference Rules

European Union countries will begin debating next week how much preferential treatment to give domestic firms bidding for public contracts worth about €2.5 trillion ($2.9 trillion) annually, according to reports from officials familiar with the matter. The massive procurement market represents approximately 15% of the European Union‘s total economic output, making the outcome of these discussions critically important for both European businesses and international trade relations.