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1 1 (March 27, 2002)

handle is hein.crs/crsiwsaaadb0001 and id is 1 raw text is: Order Code RS21185 March 27, 2002 Trade Policymaking in the European Union: Institutional Framework Raymond J. Ahearn Specialist in International Trade and Finance Foreign Affairs, Defense, and Trade Division Summary Trade policy in the EU is made in the context of legal provisions provided by the 1957 Treaty of Rome. As part of this treaty, an institutional framework for the making of trade policy - common commercial policy - was established. Despite relatively few changes in the treaty base of the EU's common commercial policy, its institutional framework has evolved over time as the scope of what constitutes trade policy has changed. The roles and functions of key institutions - the European Commission, the Council of Ministers, subordinate bodies of the Council, the European Parliament, and the European Court of Justice - are described in this report. The actual process of how the EU makes trade policy is of growing interest to the United States as the EU continues to play a larger and more assertive role in the world economy. This report will be updated as events warrant. Background The EU is a treaty-based institutional framework that defines and manages economic and political cooperation among its fifteen members. Impetus for the formation of the EU came in the aftermath of the devastation of World War II with the signing of several treaties by six countries - Belgium, France, Germany, Italy, Luxembourg, and the Netherlands.' By agreeing to integrate their economies in matters of coal and steel production, trade, and nuclear energy, Europe's leaders hoped to achieve a closer union among the people's of Europe and avoid another war on the continent. As a result of the 1957 Rome Treaties, the European Economic Community (EEC) came into force in January 1958. The EEC was designed to merge separate national markets into a single common market that provides free movement of goods, people, capital, and services across borders. To provide for the free move movement of goods, 1 Denmark, Ireland, and the United Kingdom joined the original six members in 1973; Greece joined in 1981; Spain and Portugal followed in 1986; and Austria, Finland, and Sweden became members in 1995. Congressional Research Service +. The Library of Congress CRS Report for Congress Received through the CRS Web

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