What future for European Trade Policy
To be clear: The combination of competency issues and rising discontent with
globalisation seriously risks undermining European trade policy and ambitious
FTAs as part of it. But there are several reasons not to jump to conclusions.
Legal challenges can help to clarify
First, the combination of a broader set of issues being negotiated in trade
agreements and the broadening of competencies prompted the question how far
the scope of CCP really extends. Ultimately, it’s a system evolving, given new
issues on trade policymakers’ agenda and the EU’s multi-level governance
structure.
The pending cases about the EU’s competence to conclude the EU-
Singapore free trade agreement as “EU only” as well as the legal challenges
about the provisions on investment disputes exemplify this.
EU Forecast
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