| The EU is one of the key players in the World Trade | | | | issues affecting the Community, from the strategic |
| Organisation (WTO). This is because the EU has a | | | | issues surrounding the launch of rounds of trade |
| common trade policy, where the European | | | | negotiations at the WTO to specific difficulties with |
| Commission negotiates on behalf of the Union 's 25 | | | | the export of individual products, and considers the |
| Member States. | | | | trade aspects of wider Community policies in order to |
| As such, the EU is one of the driving forces behind | | | | ensure consistency of policy. In this Committee, the |
| the current round of multilateral trade negotiations in | | | | Commission presents and secures endorsement of |
| the WTO, the Doha Development Agenda (DDA). | | | | the Member States on all trade policy issues. The |
| The DDA comprises both further market opening and | | | | major formal decisions (for example agreement to |
| additional rule making, underpinned by commitments | | | | launch or conclude negotiations) are then confirmed |
| to take measures necessary to integrate developing | | | | by the Council of Ministers. |
| countries into the world trading system, notably by | | | | The European Community Treaty grants a more |
| strengthening assistance to build capacity. The main | | | | limited role to the European Parliament (EP) in terms |
| objective of the New Round is to put development | | | | of trade policy: according to the current treaty, the |
| at the heart of the world trade system in a way | | | | assent of the EP may be required for major |
| that will help them combat poverty. | | | | treaty ratifications, when covering more than trade. |
| In July 2004 the WTO Members adopted a | | | | However, the Commission favours greater |
| Framework Agreement on the DDA that sets out | | | | Parliamentary involvement in Trade Policy and hence |
| the modalities for the further negotiations. | | | | consults and informs the Parliament as systematically |
| EU Trade Policy and the WTO | | | | as possible. It supports a more formal extension of |
| The EU has a common trade policy (Common | | | | the Parliament’s powers over trade policy. |
| Commercial Policy). In other words, where trade, | | | | The draft Constitutional Treaty of the EU provides |
| including WTO matters, are concerned, the EU acts | | | | for a major extension of the EP’s power over |
| as one single actor, where the European Commission | | | | trade policy. |
| negotiates trade agreements and represents the | | | | The current WTO trade round, the Doha |
| European interests on behalf of the Union's 25 | | | | Development Agenda, provides a good example of |
| Member States. | | | | how trade policy is coordinated in practice. The |
| The legal basis for the EU’s trade policy is | | | | Commission sets and carries forward the priorities |
| Article 133 of the European Community Treaty. On | | | | and aims of the EU as laid down in guidelines given by |
| this basis, the Commission negotiates on behalf of | | | | the Council of Ministers. Officials from the |
| the Member States, in consultation with a special | | | | Commission's Directorate General for Trade, under |
| committee, the Article 133 Committee. The | | | | the authority of the Commissioner are charged with |
| 133 Committee is composed of representatives from | | | | actually conducting the negotiations, and speak on |
| the 25 Member States and the European Commission. | | | | behalf of the EU as a whole. Coordination with |
| Its main function is to coordinate EU trade policy. The | | | | Member States is assured at all times through the |
| Committee meets on a weekly basis, usually on a | | | | 133 Committee, while the Commission regularly |
| Friday in Brussels at the headquarters of the Council | | | | informs the Parliament. At the end of the Round, the |
| of Ministers. It discusses the full range of trade policy | | | | Council has to agree formally the outcome. |