The competences of European Union institutions in the trade policy (Lisbon Treaty)

The European Union is the best known at the world’s leading trade power and the common trade policy is the core of EU external relations. The events of the last years and the extension of the EU to 27 member proved that the functioning system could no longer continue and was requiring a new institut...

Full description

Bibliographic Details
Main Author: Margareta Timbur
Format: Article
Language:English
Published: University of Bacău 2010-12-01
Series:Studies and Scientific Researches: Economics Edition
Subjects:
Online Access:http://sceco.ub.ro/index.php/SCECO/article/view/130
_version_ 1818912717343293440
author Margareta Timbur
author_facet Margareta Timbur
author_sort Margareta Timbur
collection DOAJ
description The European Union is the best known at the world’s leading trade power and the common trade policy is the core of EU external relations. The events of the last years and the extension of the EU to 27 member proved that the functioning system could no longer continue and was requiring a new institutional framework. The Lisbon Treaty was the right solution. It purposes are to bring changes for the citizens, institutions, external relations foe the consolidation of democracy in EU. This paper attempts to provide an overview of the major revisions introduced by the Treaty of Lisbon regarding the trade policy. Also, it analyses the extension and clarification of EU competence, the greater role of the European Parliament and the inclusion of investment policy in trade policy, the voting rules in trade area and the international negotiation of trade agreements. The study describes, as well, the impact of Lisbon Treaty implementation on the MS which are independent nations, but without power of decision in the common trade policy.
first_indexed 2024-12-19T23:19:02Z
format Article
id doaj.art-2b941501ff45469faa3a07eaf5c7f021
institution Directory Open Access Journal
issn 2066-561X
2344-1321
language English
last_indexed 2024-12-19T23:19:02Z
publishDate 2010-12-01
publisher University of Bacău
record_format Article
series Studies and Scientific Researches: Economics Edition
spelling doaj.art-2b941501ff45469faa3a07eaf5c7f0212022-12-21T20:02:01ZengUniversity of BacăuStudies and Scientific Researches: Economics Edition2066-561X2344-13212010-12-0101510.29358/sceco.v0i15.130130The competences of European Union institutions in the trade policy (Lisbon Treaty)Margareta TimburThe European Union is the best known at the world’s leading trade power and the common trade policy is the core of EU external relations. The events of the last years and the extension of the EU to 27 member proved that the functioning system could no longer continue and was requiring a new institutional framework. The Lisbon Treaty was the right solution. It purposes are to bring changes for the citizens, institutions, external relations foe the consolidation of democracy in EU. This paper attempts to provide an overview of the major revisions introduced by the Treaty of Lisbon regarding the trade policy. Also, it analyses the extension and clarification of EU competence, the greater role of the European Parliament and the inclusion of investment policy in trade policy, the voting rules in trade area and the international negotiation of trade agreements. The study describes, as well, the impact of Lisbon Treaty implementation on the MS which are independent nations, but without power of decision in the common trade policy.http://sceco.ub.ro/index.php/SCECO/article/view/130common trade policyEuropean Unionintellectual property rightsLisbon Treatyforeign direct investmentstrade agreementsTreaty establishing the European CommunityTreaty of European UnionWorld Trade Organization
spellingShingle Margareta Timbur
The competences of European Union institutions in the trade policy (Lisbon Treaty)
Studies and Scientific Researches: Economics Edition
common trade policy
European Union
intellectual property rights
Lisbon Treaty
foreign direct investments
trade agreements
Treaty establishing the European Community
Treaty of European Union
World Trade Organization
title The competences of European Union institutions in the trade policy (Lisbon Treaty)
title_full The competences of European Union institutions in the trade policy (Lisbon Treaty)
title_fullStr The competences of European Union institutions in the trade policy (Lisbon Treaty)
title_full_unstemmed The competences of European Union institutions in the trade policy (Lisbon Treaty)
title_short The competences of European Union institutions in the trade policy (Lisbon Treaty)
title_sort competences of european union institutions in the trade policy lisbon treaty
topic common trade policy
European Union
intellectual property rights
Lisbon Treaty
foreign direct investments
trade agreements
Treaty establishing the European Community
Treaty of European Union
World Trade Organization
url http://sceco.ub.ro/index.php/SCECO/article/view/130
work_keys_str_mv AT margaretatimbur thecompetencesofeuropeanunioninstitutionsinthetradepolicylisbontreaty
AT margaretatimbur competencesofeuropeanunioninstitutionsinthetradepolicylisbontreaty