EU instrument against economic coercion is insufficient

Analysts at the think tank European Council on Foreign Relations (ECFR) stated the EU needs to counter economic pressure from China more effectively. In a report published on Tuesday, ECFR recommends further steps in addition to the planned anti-coercion instrument (ACI). A single instrument alone can guarantee success, the analysts write. „The EU needs to develop a comprehensive agenda for the geo-economic era – including an ACI that, in grave cases of economic coercion, acts as both a deterrent and a measure of last resort.“ ECFR had provided important impetus to the ACI development process with its own task force.