- Rules would favour EU companies in strategic sectors
- Could reject bids with less than 50% EU content
- Proposal is expected to be published in September
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Public procurement accounts for around 15% of the EU’s GDP, according to the draft proposal, equating to about €2.5 trillion ($2.86 trillion) based on the EU’s 2025 GDP.
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The proposal increases the security role of public procurement in that it allows authorities to examine whether a bidder’s ownership, control or financing structure creates a risk of foreign interference.
Buyers could also take into account whether companies are subject to third-country laws that may force disclosure of sensitive information or otherwise interfere with the contract’s performance.
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Authorities would be encouraged, and in some cases required, to take account of risks linked to critical infrastructure, cybersecurity, supply-chain disruptions, strategic dependencies and foreign influence when awarding contracts.
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Don’t let the tankie triad see this. They will claim it’s “racist” while being silent on China favouring domestic brands.
you good dude?