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Landmark EU court ruling boosts Brexit free trade deal chances

brexit.lockelord.com
May 17, 2017

Britain’s ambition of signing a quick Free Trade Agreement with the EU after Brexit has received a boost after the European Court of Justice granted expanded trade negotiation powers to Brussels.

Ruling on an investment and trade deal between the EU and Singapore, the ECJ was asked to decide whether the new-generation bilateral EU-Singapore trade deal should be treated as a so-called ‘mixed’ agreement – that requires ratification by national parliaments – or could be agreed by a qualified majority vote of member states. This ruling strips national parliaments of their assumed say on large parts of trade deals and indicates that the EU’s 27 remaining national parliaments are unlikely to have the power of veto over a future Brexit trade deal with Britain.

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