EU Initiates First-Ever Procurement Probe into China's Medical Devices Sector
The European Commission will investigate barriers to market access for EU firms, marking the first use of its International Procurement Instrument.
- The European Commission is set to launch an investigation into the procurement practices of China's medical devices sector, focusing on market access barriers for EU firms.
- This probe marks the first application of the EU's International Procurement Instrument, adopted in 2022 to address closed procurement markets.
- Recent high-level discussions between EU and Chinese officials have highlighted frustrations over restricted access for European companies.
- The investigation could lead to penalties for Chinese firms, including downgraded tender applications or exclusion from EU markets.
- The probe is part of a broader EU strategy to address trade imbalances and assertive practices by China, including other investigations into subsidies and market distortions.