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Article 114 was repealed. Article 115 was changed to the wording that in order to make sure that the execution of the steps of the commercial policy are taken in keeping with this Treaty by any country in the European Union is not prevented by the deflection of trade or where there are differences in these measures that lead to economic problems for one or more countries of the European Union, the Commission could authorize the countries of the European Union to taker the necessary preventive measures, the terms of which could be determined by it. In the case of an emergency the countries of the European Union could request the authorization for the necessary steps directly from the Commission, which would take the decision at the earliest. These steps would then be conveyed to the other countries in the European Union by the countries that initiated the steps. The Commission is also entitled to take decisions at any time to change or abolish these steps. However while choosing measure the steps to be taken are to be chosen in such a way that creates the minimum disturbance. Article 116 was repealed. (TITLE VII Common Commercial Policy)
Controversy that has erupted pertains to the difficulties that the economically weaker countries face, especially with the enlargement of the European Union. They are affected by the terms that restrict the trade in services outside the European Union in most case and...
More than that is the concern that the common commercial policy can be hi-jacked by the more developed and economically stronger nations of the European Union by taking steps to enforce terms in the commercial policy or amended terms in the commercial policy to their advantage.
References common market. Retrieved at http://www.riksdagen.se/english/eu/eufacts/common_market.asp. Accessed on 12/06/2004
Ahearn, Raymond J. Trade Policymaking in the European Union: Institutional Framework. Retrieved at http://www.pennyhill.com/europe/rs21185.html. Accessed on 12/06/2004
Europe's Trade Policy. February, 1996. Retrieved at http://www.france.diplomatie.fr/frmonde/euro/eu19.gb.html. Accessed on 12/06/2004
Glossary: Common commercial policy. Retrieved at http://europa.eu.int/scadplus/leg/en/cig/g4000c.htm#c10Accessed on 12/06/2004
TITLE VII Common Commercial Policy. Retrieved at http://www.worldwideschool.org/library/books/hst/european/TheTreatyoftheEuropeanUnion-TheMaastrichtTreaty/chap5.html. Accessed on 12/06/2004
Urwin, Derek W. European Union: Important Features and Policies of the EU. Microsoft® Encarta® Online Encyclopedia 2004. Retrieved at http://encarta.msn.com/text_761579567____14/European_Union.html. Accessed on 12/06/2004
" (Information Society and Media, 2005) f. The eContent Programme and the eTen Programme The 100 million dollar eContent Programme (2001-2005) focuses on encouraging growth and development of tie European digital content industry. This programme funds projects with short time-to-market and as well experiments with new models in business and partnerships through use of technology that is presently available. The programme's stated 'main thrust' is to; Improve access to an expand the
The UK needs to build good economic relationships with emerging markets even more than with its EU neighbors. China is already highly competitive in manufacturing and is gaining competitiveness in high-technology manufacturing. India is a leader in Information Technology and, being an English speaking country, also has the ability to be globally competitive in Professional Services. Latin American and Southeast Asian economies, such as Brazil or Indonesia, will become increasingly
Maintaining Peak Efficiency: Shipyards, the Merchant Marine Fleet, and New Technology Saudi Arabia, in order to develop a powerful maritime economy, should take note from the actions and attitudes of other maritime nations such as Norway. The Norwegian authorities have long supported a holistic approach to maritime management, which is reflected in their interest in maintaining equal footing for a variety of maritime interests. These interests include fishing/aquaculture, maritime traffic, and
Principal-Agent Model in Economics and Political Science The international political perspectives of free trade A Global Analysis International Trade Impact on Tunisia The Export of agricultural products International trade and development of Tunisia Balance in the Trade Regime Imports and exports of Tunisia Exports Imports Coping With External and Internal Pressures The Common External Tariff (CET) Safeguard Measures Anti-Dumping Duties (ADDs) and Countervailing Duties (CVDs) Rules of origin The New Commercial Policy Instrument Sector Based Aspects GATT/WTO's Main Principles Non-discriminatory trade Multilateral negotiation and free trade The Trading Policies
Significance of the Study This study is significant because it sheds light on a very important contributor to local and international trade. Trade fairs have a long history in providing a meeting place for buyers and sellers. They are an important channel of communication for B2B buyers and sellers. This is a significant area for study because there are limited channels of communication between B2B buyers and sellers. The previous sections
European Union External Relations Law The European Union (EU) is a political and economic union among 28 European nations that spans most of the continent. Created following the end of World War II, the EU was initially focused on promoting free trade between member states in order to improve their standards of living and reduce the likelihood of future conflicts. As a result, the European Economic Community (EEC) was created pursuant