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The EU's Role in Global GovernanceThe Legal Dimension$
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Bart Van Vooren, Steven Blockmans, and Jan Wouters

Print publication date: 2013

Print ISBN-13: 9780199659654

Published to Oxford Scholarship Online: May 2013

DOI: 10.1093/acprof:oso/9780199659654.001.0001

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PRINTED FROM OXFORD SCHOLARSHIP ONLINE (oxford.universitypressscholarship.com). (c) Copyright Oxford University Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 03 December 2021

Institutional Aspects of Global Trade Governance from an EU Perspective

Institutional Aspects of Global Trade Governance from an EU Perspective

(p.145) 9 Institutional Aspects of Global Trade Governance from an EU Perspective
The EU's Role in Global Governance

Frank Hoffmeister

Oxford University Press

This chapter explores the institutional aspects of global trade governance. The first section examines how decision-making functions in the WTO, and how WTO-related decisions are taken within EU. The second section conducts a similar inquiry in the context of G20 decision-making. On that basis, it addresses the following question: can the European Union, under the current institutional structure of the international trading system, live up to its constitutional commitment to contribute to ‘free and fair trade’ as laid down in Article 3(5) of the Treaty on European Union? In light of the analysis of WTO and G20 decision-making, the chapter presents a critical assessment on the need to reform the respective governance structures based on the ambitions stated in the EU Treaty.

Keywords:   international trade, trade policy, global governance, World Trade Organization, G20, European Union, free trade, fair trade, treaty on european union, governance structures

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