Trade agreements: EU triggers higher speed...
|
Theme: |
International trade |
|
Country: |
EU / World |
This position follows a recent decision of the Court of Justice of the European Union clarifying the Union's competence in commercial matters, allowing it to without ratification of national parliaments.
All the issues negotiated under a free trade agreement now fall within the exclusive competence of the European Union. with the exception of certain investment or intellectual property provisions.
It will therefore be possible in the future to split trade agreements into two parts to prevent the treaties from being stopped by a single national or regional Parliament, as has happened recently for CETA (cf. International atmosphere of February 2018).
However, this new management of the agreements will not be without problems for the future partner countries. Indeed, the conclusion of the agreement on the first part (trade negotiations) does not guarantee the ratification of the second part (investments and intellectual property)... What could weakening the Community position in bilateral negotiations.
That is why Brussels stresses that this new approach should be seen as an option And not as an obligation...
To go further...
- Contact our experts in international customs and tax engineering to optimize and secure your customs operations from and/or to the EU!
- Consult our offer of services dedicated to import/export customs operations : audit expertise, coaching, training, regulatory oversight,...
To read more
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Fusce tortor lake, ornare dictum odio no, mollis tincidunt mi. Vivamus feugiat turpis ac consequattrices. Nam nec leo in nisi posuere vehicula. None porta tempus feugiat. Praesent shovel, urna sed placerat sodales, ex tellus ultricies velit, vitae auctor augue diam at quam. Praesent ornare arcu and sem curriculum molestie. Morbi congue arcu velit, a laoreet torture ultricies id. Duis vulputate lacinia magna, eget elementum mi pulvinar eget. Sed consectetur malesuada ultricies. In eget purus nect velit sodales ullamcorper eget in ligula. Mauris ulcers posuere lobortis. Nulla nisi purus, beaconra no is ac, faucibus lacinia torturer. Integer nunc duei, vehicula finishedbus had, euismod and orci. No mollis vestibulum luctus.
Interdum and malesuada fames ac ante ipsum primis in faucibus. Sed a ligula sagittis, eleifend metus ac, sagittis purus. Vivamus ut blandit dolor, id aliquam mi. Sed tempor tempus ornare. Sed nec risus a metus eleifend sagittis. Aenean had torture lectus. Aliquam varius iaculis curriculum. Aliquam stubborn gravida augue and elementum. Aliquam trestique interdum pretium. Nunc ut selerisk massa, sed venenatis diam. No vehicula luctus odio. Integer ac turpis massa.