EU Weighs Sweeping New Powers to Maintain Supplies During Crises

  • The new mechanism may include third-country export controls
  • The proposal replicates U.S. tools and is expected in spring
Photographer: Liesa Johannssen-Koppitz/Bloomberg
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The European Union is weighing a broad set of new powers, including possible export controls, that would give it the ability to protect the bloc’s supply chain during periods of crisis.