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Title page 1

Contents 1

Summary 1

Why an Economic Security Network 2

The problem 3

The solution 7

The nuts and bolts of an EU ESN 10

Beyond Trump 2.0 11

Acknowledgements 13

초록보기

The success of the EU’s response to challenges posed by Russia, China, and Trump 2.0 will hinge on the bloc’s ability to establish itself as a global geoeconomics power—leveraging its economic strength to pursue foreign policy goals.

The EU lacks a robust institutional framework to fully harness its geoeconomic potential and maximise the effectiveness of economic statecraft tools, such as financial sanctions, export controls, and investment screening mechanisms.

Economic statecraft tools are developed at the EU level but implemented at the national level.

This disconnect creates loopholes, inconsistencies, and confusion that weaken the impact of these measures.

Creating a network-based EU body to facilitate collaboration among member states on economic statecraft tools would turn Europe’s perennial weakness—fragmentation—into a strength.

An EU Economic Security Network (EU ESN) would bring together representatives from each member state as well as officials from EU bodies.

It would help design EU-wide best practices, support information sharing, and foster the rise of a pan-European economic security culture.

The EU ESN could serve as a contact point for G7 and other allies to discuss and eventually collaborate on economic security issues that are relevant to the bloc.