Memo to the commissioner responsible for trade

You face three main challenges: maintain the EU’s commitment to open markets at home and abroad by continuing to adhere to the multilateral rules-based trading system; continue to sign and implement free-trade agreements; and head-off the resistance from the Global South to trade-climate policies such as the carbon border adjustment mechanism. To meet the challenges, you must champion open trade and multilateralism despite the headwinds, continue to facilitate security and climate cooperation, tackle distorting industrial policy by pushing for World Trade Organisation reform, resist Chinese or US trade coercion and find new ways to address the trade-climate-development nexus.

Key actions:

• Champion open trade and multilateralism

• Resist coercion; push WTO reform

• Address the trade-climate-development nexus

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