Internal Market Emergency and Resilience Act
European Union regulation | |
Text with EEA relevance | |
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Title | Regulation establishing a framework of measures related to an internal market emergency and to the resilience of the internal market and amending Council Regulation (EC) No 2679/98 |
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Made by | European Parliament and Council of the European Union |
Made under | Article 21, Article 46 and Article 114 of the TFEU |
Journal reference | OJ L, 2024/2747, 8.11.2024 |
History | |
European Parliament vote | 24 April 2024 |
Council Vote | 26 September 2024 |
Preparative texts | |
Commission proposal | COD/2023/0109 final |
Other legislation | |
Amends | Regulation (EC) No 2679/98 |
Current legislation |
The Internal Market Emergency and Resilience Act (IMERA) is an EU regulation concerning the smooth functioning of the internal market during crises.[1]
Background
The act was in response to the issues raised during the European Union response to the COVID-19 pandemic and the 2022 Russian invasion of Ukraine.[2]
Passage
The act was originally known as the "Single Market Emergency Instrument".[3]
Provisions
The act envisages three tiers of response relating to a crisis:[4]
- a contingency mode - which means that there is no crisis and member states are required to focus on training staff, setting up communication networks, and carrying out stress tests.
- a vigilence mode - which means that there will be monitoring of supply chains and member states are required to build up strategic reserves of goods
- an emergency mode - which means that member states are required to request data from companies on stock levels and the production capacity, where if refused, the companies will be required to explaint he reasons why.
The act includes measures to avoid shortages of essential goods and to ensure the free movement of people goods and services.[5] Where restrictions are unavoidable, member states are obliged to make expedited routes available for essential workers.[5]
References
- ^ Moller-Nielsen, Thomas (2 February 2024). "EU equips single market for crisis management". Euractiv. Archived from the original on 11 August 2025. Retrieved 11 August 2025.
- ^ Mazzeo, Simona (26 September 2024). "European Council finalizes internal market emergency framework". Brussels Morning. Archived from the original on 23 June 2025. Retrieved 11 August 2025.
- ^ Somssich, Réka (1 June 2025). "How Resilient will the Internal Market Emergency and Resilience Act Be?". Common Market Law Review. 62 (3): 797–832. doi:10.54648/COLA2025043. ISSN 0165-0750.
- ^ Messenger, Jenny (7 February 2024). "EU agrees supply chain crisis measures to prevent goods shortages". Global Trade Review. Archived from the original on 13 June 2024. Retrieved 11 August 2025.
- ^ a b "Parliament: A Instrument to ensure better management of any future international crises". European Interest. 13 September 2023. Archived from the original on 8 July 2025. Retrieved 11 August 2025.