Trade-related extra-territorial effects of third country sanctions

This procedure examines how sanctions imposed by non-EU countries affect trade and financial activities within the European Union. It focuses on the 'extra-territorial' reach of these laws, which can penalize EU companies for conducting business with third countries even when such activities are legal under EU law.

This affects EU businesses, financial institutions, and investors operating in global markets. The goal is to determine how the EU can protect its economic interests and ensure legal certainty for companies facing conflicting international regulations.