NEWS

ECJ gives national parliaments a say in free trade agreements

03-07-2017
Category: Other
The European Court of Justice has released an expert opinion on the nature of free trade agreements in EU law

The Court states that national parliaments have to have the right to veto an agreement, as long as certain areas are included in the treaty. Those areas include the controversial investor-state dispute settlement clauses (ISDS), which were under heavy attack in the case of TTIP and CETA.

The new opinion therefore gives every member state the power to block extensive free trade agreements as long as they are not exclusively about tariffs and other EU-competences. And although the opinion centers on the treaty with Singapore, it has to be applied to other agreements as well.