09/06/2022 (Agence Europe) – After ten years of discussions and back and forth, the International Public Procurement Instrument (IPI) will finally come into force. The Parliament gave its green light on Thursday 9 June to the interinstitutional agreement reached on 14 March (see EUROPE 12910/8). The future regulation will allow the EU to restrict access to European public procurement to companies from countries that discriminate against European companies in their public procurement. This is part of the European trade policy, which aims to move towards greater reciprocity and firmness in the face of unfair practices by third countries. The EU Council is expected to give final approval to the text soon so that it can enter into force sixty days later. (LM)