16 May '17, 8am

Singapore trade deal cannot be concluded by EU alone, ECJ rules

The European Union will have to secure approval from national parliaments in order to finalise a free trade deal with Singapore. The bloc’s top court ruled that the agreement in “its current form” cannot be handled by the Commission acting alone. The European Court of Justice (ECJ) today (16 May) said that the European Commission cannot finalise a free trade agreement (FTA) with Singapore, after the EU executive had asked for clarity on whether it has exclusive competence to handle the talks. ECJ rules EU deal with Singapore requires member state ratification. EU trade policy just got a lot more complicated. pic.twitter.com/9Xd8WjRBS9 — Tom Nuttall (@tom_nuttall) May 16, 2017 Today’s decision follows a December opinion issued by the Court’s Advocate-General, Eleanor Sharpston, who also decided that the agreement covered a number of issues that are shared competence between...

Full article: http://www.euractiv.com/section/economy-jobs/news/singapo...

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