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The EU's international procurement initiative: opening foreign markets or acting as a new EU trade barrier?
- Hogan Lovells
- European Union
- March 26 2012
On 21 March 2012, the European Commission ("Commission") adopted a proposal (“Proposal”) for a new regulation in the area of public procurement creating a dual mechanism whereby, on the one hand, EU national contracting authorities could reject bids of non-EU businesses to EU procurement contracts and, on the other hand, the Commission would increase its leverage in negotiating greater access for EU businesses to foreign procurement markets