The European Union unveiled proposed regulations on Wednesday aimed at bolstering the competitiveness of European companies in securing public contracts. These new rules intend to encourage EU member states to favor domestic businesses when awarding contracts, implicitly seeking to reduce reliance on Chinese companies. The initiative reflects growing concerns within the EU regarding fair competition and strategic autonomy in critical sectors. While not explicitly banning Chinese firms, the proposal introduces mechanisms to scrutinize bids more closely, potentially giving European companies an advantage. The move signals escalating trade tensions between the EU and China as both sides vie for influence in key markets. The details of the rules are expected to be debated amongst member states before final implementation, with potential implications for international trade agreements. Iraqi News reported on this developing story.