Judgment_paragraph 5 · European Commission v Zippo Manufacturing Co. and Zippo GmbH (C-811/23 P)

5According to Article 1, entitled ‘Subject matter’, of Regulation (EU) No 654/2014 of the European Parliament and of the Council of 15 May 2014 concerning the exercise of the Union’s rights for the application and enforcement of international trade rules and amending Council Regulation (EC) No 3286/94 laying down Community procedures in the field of the common commercial policy in order to ensure the exercise of the Community’s rights under international trade rules, in particular those established under the auspices of the World Trade Organization (OJ 2014 L 189 p. 50):‘This Regulation lays down rules and procedures to ensure an effective and timely exercise of the [European] Union’s rights to suspend or withdraw concessions or other obligations under international trade agreements, with the intention of:(a) responding to breaches by third countries of international trade rules which affect the Union’s interests, with a view to seeking a satisfactory solution that restores benefits for the Union’s economic operators;(b) rebalancing concessions or other obligations in the trade relations with third countries, when the treatment accorded to goods or services from the Union is altered in a way that affects the Union’s interests.’

European Commission v Zippo Manufacturing Co. and Zippo GmbH (C-811/23 P)

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