@manzoorkhan

EU MOVES TO RESTRICT CHINESE MEDICAL EQUIPMENT COMPANIES' ACCESS TO PUBLIC PROCUREMENT CONTRACTS The European Union is set to take a significant step toward restricting Chinese medical equipment manufacturers from receiving public procurement contracts in the bloc, according to informed sources. EU member states are expected to vote on the proposed measure on Monday. If supported by member states, it would be the first EU action under the International Procurement Mechanism (IPM). This law, passed in 2022, aims to promote reciprocity in access to public procurement markets. Imposing these restrictions would open a new front with China, as the EU seeks to balance its relationship with Beijing. This development comes after the EU launched an investigation into China's procurement of medical equipment in April. The investigation concluded that Beijing was treating foreign companies discriminatory, and consultations between the two sides failed to find alternative solutions to these practices

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