Additional EU investment treaty powers under the Treaty of Lisbon Sample Clauses

Additional EU investment treaty powers under the Treaty of Lisbon. It follows from this rich practice that the Treaty of Lisbon did not open a complete new chapter for the European Union. Rather, existing powers on investment liberalisation were complemented with a new power on investment protection. Politically, though, this was a big step forward as it brought numerous bilateral investment protection agreements into the EU’s focus. While a lot of scholarly work has already enlightened the discussion on the scope of the EU’s Lisbon trade pow- ers34, it might be useful to summarise shortly the state of affairs in Brussels. The three institutions have by now taken position on most of the debated topics: the Commission in its Communication of July 201035, the Council in its Conclusions of October 201036 and the European Parliament in its resolution of April 2011, based on a report from the French member of the socialist group in the Committee on International Trade, Xxxxx Xxxx00. 34 See e.g. X. Xxxxxxxxxx, ‘Going Global? The EU Common Commercial Policy after Lisbon’ in: Xxxxxxxxx Xxxxxxxx and Xxxx Xxxxxxx Xxxxxxxxx (eds.), European Yearbook of Interna- tional Economic Law (Springer, 2010) 123-151. 35 Commission Communication of 7 July 2010: Towards a Comprehensive European Interna- tional Investment Policy. COM(2010) 343 Final. 36 Council of the European Union, Conclusions on a Comprehensive European International Investment Policy, 25 October 2010. 37 European Parliament resolution of 6 April 2011 on the future European international invest- ment policy. 64 xxxxx://xxx.xxx/10.5771/9783845246130-55
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