Revised EU Trade Enforcement Regulation Published
On Friday, February 12, 2021, revisions to the European Union (EU) Trade Enforcement Regulation, Regulation (EU) No 654/2014, were published in the EU’s Official Journal. The revised Trade Enforcement Regulation enables the EU to adopt countermeasures when it obtains a favorable ruling from a dispute settlement panel of the World Trade Organization or in bilateral and regional agreements and when the other party fails to cooperate on the adjudication of the dispute.