European Union common commercial policy

E852174

The European Union common commercial policy is the EU’s unified framework for managing trade relations with non-EU countries, including tariffs, trade agreements, and external trade regulations.

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Observed surface forms (2)

Statements (49)

Predicate Object
instanceOf European Union policy
common commercial policy
external trade policy
alignedWith World Trade Organization rules
appliesTo trade with non-EU countries
bindingOn all EU Member States
competenceType exclusive competence of the European Union
covers anti-dumping measures
anti-subsidy measures
autonomous trade preferences
commercial aspects of intellectual property
foreign direct investment
generalised scheme of preferences NERFINISHED
preferential trade agreements
safeguard measures
tariff policy
trade defence instruments
trade in goods
trade in services
decisionMakingBody Council of the European Union NERFINISHED
European Parliament NERFINISHED
geographicalScope external trade relations of the European Union
historicalMilestone completion of the common external tariff in 1968
implementedBy European Commission Directorate-General for Trade NERFINISHED
implementedThrough EU regulations on common customs tariff
EU trade agreements
EU trade defence regulations
includes provisions on market access
rules of origin aspects in trade policy
trade-related sustainable development chapters in many agreements
legalBasis Treaty on the Functioning of the European Union
legalBasisArticle Article 206 TFEU NERFINISHED
Article 207 TFEU NERFINISHED
managedBy European Commission NERFINISHED
negotiatedBy European Commission on behalf of the EU NERFINISHED
objective contribute to the harmonious development of world trade
progressive abolition of restrictions on international trade
promote high labour and environmental standards in trade agreements
reduction of customs and other barriers
support sustainable development in trade
partOf European Union external action NERFINISHED
predecessor common commercial policy under the Treaty of Rome
prohibits Member States from concluding bilateral trade agreements in areas of exclusive EU competence
Member States from conducting independent tariff policy with third countries
requires Council negotiating directives for trade negotiations
consent of the European Parliament for most trade agreements
startDate 1968
subjectTo judicial review by the Court of Justice of the European Union
votingRule qualified majority voting in the Council

Referenced by (3)

Full triples — surface form annotated when it differs from this entity's canonical label.

Customs Code of the European Union isLinkedTo European Union common commercial policy
Common Customs Tariff linkedTo European Union common commercial policy
this entity surface form: EU common commercial policy
Europe–Africa transport network isInfluencedBy European Union common commercial policy
this entity surface form: European Union trade policy