EDP: Is extraterritoriality a threat to Europe?

01/14/2021 | 07:58am

Noting the United States' downward spiral into extraterritoriality, Marie Pierre Vedrenne MEP (MoDem) seeks to reinforce Europe's legislative arsenal.

'Through trade policy, through our trade agreements, we export goods and services in particular, but we also export our values.

The United States acts on several levels to limit the willingness of some companies to operate in other territories. How concretely? Perhaps with the introduction of embargoes, as soon as you use the dollar - and we know the weight of this currency internationally, as soon as you trade with another State and you go through American servers, for example, as soon as there is a link with their territory, they use extraterritorial laws - there are different laws, on terrorism, on corruption, on the tax field - and they prevent us from commercial activities.'

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European Movement International published this content on 14 January 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 January 2021 12:57:03 UTC

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