37As a preliminary observation, it should be noted, on the one hand, that, in the realm of measures to protect trade, the Council and the Commission (‘the institutions’) enjoy broad discretion by reason of the complexity of the economic, political and legal situations which they have to examine (judgment of 27 September 2007 in Ikea Wholesale, C‑351/04, ECR, EU:C:2007:547, paragraph 40). It follows that review of such assessments by the Courts of the Union must be limited to verifying whether the relevant procedural rules have been complied with, whether the facts on which the contested choice is based have been accurately stated and whether there has been a manifest error of assessment of the facts or a misuse of power (judgments of 7 May 1987 in NTN Toyo Bearing and Others v Council, 240/84, ECR, EU:C:1987:202, paragraph 19; of 14 March 1990 in Gestetner Holdings v Council and Commission, C‑156/87, ECR, EU:C:1990:116, paragraph 63; and of 7 February 2013 in EuroChem MCC v Council, T‑84/07, ECR, EU:T:2013:64, paragraph 32).
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