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Statement on EU foreign subsidies proposal
With yesterday’s proposal for a regulation on foreign subsidies, the European Commission seeks to address foreign subsidies which risk distorting the EU internal market and undermine a level playing field. The American Chamber of Commerce to the EU (AmCham EU) supports the Commission’s efforts to strengthen the resilience and competitiveness of the Single Market and find the appropriate balance between fair competition and open trade when addressing non-EU subsidies. Read our statement for more.