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Brussels walks tightrope on free trade reforms

08 Dec '06
1 min read

The European Commission wants to give the EU's trade protection rules a sensitive face-lift just two months after it burdened China and Vietnam with extra tariffs for dumping shoes on the EU market.

The EU's "trade defence instruments" - aimed at protecting European industry from unfair competition - need an update as the global economy has changed since the set of rules was last looked at in 1996, EU trade commissioner Peter Mandelson said on Wednesday (6 December).

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EUobserver

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