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The Implications of the COVID-19 Pandemic on Trade
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Eur J Risk Regul
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On 17 March 2020, the President of the European Council, Charles Michel, and the
President of the European Commission (hereinafter, Commission), Ursula von der
Leyen, announced further European Union (EU) actions in response to the COVID-19
outbreak. Since the pandemic reached Europe, the EU has adopted a number of
trade-related measures, including the issuance of guidelines for national border
management, as well as export authorisation requirements. On 14 March 2020, the
Commission adopted ?Commission Implementing Regulation (EU) 2020/402 of 14 March
2020 making the exportation of certain products subject to the production of an
export authorisation?, temporarily restricting exports of ?personal protective
equipment? to destinations outside of the EU. On 14 April 2020, the Commission
announced that it would narrow down export authorisation requirements to
protective masks only and extend the geographical and humanitarian exemptions.
Governments around the world have been implementing trade-related measures in
response to the COVID-19 pandemic, some trade restrictive, but a number of
countries have also called for the elimination of export controls and
restrictions on essential goods. As the greater implications of the COVID-19
pandemic on trade are still difficult to assess, the emergency measures taken by
affected countries already require legal scrutiny. At the same time, it must be
noted that, as noted above for the EU measures, measures around the world are
subject to change dynamically in view of the evolution of the pandemic.