Eu Singapore Trade Agreement Text

According to an opinion of the Court of Justice of the European Union (ECJ) in Luxembourg, the original NAFTA was a so-called mixed agreement. The opinion was requested by the European Commission, which wanted to confirm whether the EU institutions alone were empowered to conclude the agreement without each member state being a party to the agreement. [8] The ECJ`s opinion led the European Commission to divide the agreement into a free trade agreement and an investment protection agreement. In an opinion of 21 December 2016, Eleanor Sharpston, EU Advocate General, concluded that the EU-Singapore Free Trade Agreement (NAFTA) should be concluded jointly by the European Union and the Member States, i.e. by the EU and all its Member States (as a “mixed agreement”), and not just by the EU. Although the Opinion is not binding on the ECJ, the General Court tends to follow the Advocate General`s approach. The ECJ is expected to deliver its own judgment in 2017. On 19 October 2018, three agreements were signed between the parties, namely the EU-Singapore Trade Agreement, the EU-Singapore Investment Protection Agreement and the Framework Agreement on Partnership and Cooperation. [5] [6] The agreement was subsequently approved by the European Parliament on 13 February 2019. [7] On 8 November 2019, it was announced that the agreement will enter into force on 21 November 2019. On 16 May 2017, the Court of Justice of the European Communities (Court of Justice) delivered its opinion on the competence of the European Union to conclude the Free Trade Agreement (FTA) with Singapore. . .

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