Businesses Concerned As EU Proposes Crisis Supply Chain Rules ...Middle East

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Businesses Concerned As EU Proposes Crisis Supply Chain Rules
Europe's businesses are concerned that proposed emergency market rules would be an intrusive over-reach from the European Union, which is looking to secure critical supply chains amid the worsening energy crisis.  The European Commission proposed on Monday a Single Market Emergency Instrument (SMEI)—a crisis governance framework that aims to preserve the free movement of goods, services, and persons and the availability of essential goods and services in the event of future emergencies. The proposed instrument will allow "last-resort…

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