The EU–Korea FTA: The Legal and Policy Framework in the European Union
The EU–Korea FTA: The Legal and Policy Framework in the European Union
The EU-Korea FTA is the first of a new generation of FTAs to be concluded by the EU since the adoption of the Global Europe Strategy in 2006. It therefore offers an important insight into the way in which the EU will exercise its treaty-making powers following the entry into force of the Lisbon Treaty. This chapter considers the adoption of the EU-Korea FTA from the perspective of EU law and it argues that the approval and ratification process of this FTA have created precedents for future EU FTAs. In particular, the chapter undertakes a detailed discussion of the granting of negotiating authorization and negotiating directives by the EU institutions, the conduct of negotiations, the signature and conclusion of the FTA, its provisional application, the adoption of the Korea Safeguard Regulation, and the role of the European Parliament in the implementation of the Agreement.
Keywords: Global Europe Strategy, Lisbon Treaty, EU-Korea FTA, EU external relations, European Parliament
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