| Summary: | <p>Last week on Tuesday, with its decision in Opinion 2/15, on the Union’s competence to conclude ‘new generation’ EU trade and investment agreements, the Court dropped a bombshell. The Court’s ruling is set to significantly simplify the EU’s international economic relations with third countries. If the Commission, the Council and the member states had demanded clarity as to which institutions may legitimately pursue the Union’s external action objectives in its commercial relations: clarity is what they earned. The decision indeed has the potential to greatly facilitate an ‘EU-only’ signing and conclusion of future EU trade agreements. At the same time, as we argue below, the Court’s reasoning entails a number of contradicting elements that may add confusion over the legal parameters of post-Lisbon EU external relations conduct.</p>
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