TY - CHAP

T1 - Article 21 and the EU’s Common Commercial Policy

T2 - A Test of Coherence

AU - Asteriti, Alessandra

PY - 2017

Y1 - 2017

N2 - This contribution investigates the role of Article 21 TEU in the context of the EU’s common commercial policy (CCP), with specific reference to its new investment competence. Article 21, introducing non-commercial objectives in the CCP, has been both hailed for rebalancing and expanding the EU’s foreign policy and criticised for needlessly politicising the external action of the EU. This article is an attempt to assess the true import of the changes introduced by the Lisbon Treaty in this area, for what is possible given the limited temporal extent of their application. Section 2 will briefly review the role of foreign investment in the CCP, while Section 3 will do the same for the non-commercial objectives pursued by the EU in the context of its CCP competences. Section 4 is dedicated to an analysis of Article 21 TEU and its legal value. In doing so, the section will consider issues such as to what extent Article 21 TEU constrains the foreign policy of the EU and its effect with specific reference to the CCP. Further, the article will consider the relationship between Article 21 TEU and other programmatic articles of the TEU, such as Article 3 TEU, and the incorporation of non-commercial objectives in the EU’s Free Trade Agreements (FTAs) and Preferential Trade Arrangements (PTAs). In Section 5, there will be a review and implications of the recent Front Polisario case, in which the General Court determined the EU’s scope of responsibility for what concern non-commercial objectives in a trade agreement, taking also into account the latest developments on the case in the Court of Justice of the EU’s Judgment. Finally, Section 6 will offer some concluding remarks.

AB - This contribution investigates the role of Article 21 TEU in the context of the EU’s common commercial policy (CCP), with specific reference to its new investment competence. Article 21, introducing non-commercial objectives in the CCP, has been both hailed for rebalancing and expanding the EU’s foreign policy and criticised for needlessly politicising the external action of the EU. This article is an attempt to assess the true import of the changes introduced by the Lisbon Treaty in this area, for what is possible given the limited temporal extent of their application. Section 2 will briefly review the role of foreign investment in the CCP, while Section 3 will do the same for the non-commercial objectives pursued by the EU in the context of its CCP competences. Section 4 is dedicated to an analysis of Article 21 TEU and its legal value. In doing so, the section will consider issues such as to what extent Article 21 TEU constrains the foreign policy of the EU and its effect with specific reference to the CCP. Further, the article will consider the relationship between Article 21 TEU and other programmatic articles of the TEU, such as Article 3 TEU, and the incorporation of non-commercial objectives in the EU’s Free Trade Agreements (FTAs) and Preferential Trade Arrangements (PTAs). In Section 5, there will be a review and implications of the recent Front Polisario case, in which the General Court determined the EU’s scope of responsibility for what concern non-commercial objectives in a trade agreement, taking also into account the latest developments on the case in the Court of Justice of the EU’s Judgment. Finally, Section 6 will offer some concluding remarks.

KW - Law

U2 - 10.1007/978-3-319-58832-2_5

DO - 10.1007/978-3-319-58832-2_5

M3 - Contributions to collected editions/anthologies

SN - 978-3-319-58831-5

T3 - European Yearbook of International Economic Law

SP - 111

EP - 137

BT - European Yearbook of International Economic Law 2017

A2 - Bungenberg, Marc

A2 - Terhechte, Jörg Philipp

A2 - Ziegler, Andreas R.

PB - Springer International Publishing AG

CY - Cham

ER -