The EU as a global actor
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Chapter 3 in North-South Regional Trade Agreements as Legal Regimes, 2017, pp 76-109 from Edward Elgar Publishing
Abstract:
In Chapter 3, the normative role of the EU as a regional actor is discussed in detail. It will be shown that the EU’s strength as an international trade partner, or ‘market power’1 has enabled it to become a ‘normative actor’, which aims to export universal values through trade.2 It is argued that the EU’s normative power in external relations hinges on its market power. As such, an analysis of the common commercial policy set out in Article 209 TFEU is presented highlighting its parallelism with the EU’s internal trade strategy. Defining the EPAs as trade and development cooperation agreements, this chapter also explores the relationship between the common commercial policy and the development cooperation policy under Article 209 TFEU. If the EPAs have been built on the principles of ‘partnership’ and ‘equality’, it follows that the agreements should foster trade in a development-friendly way. However, the remaining chapters of this book demonstrate that the language of the legal texts suggests the primacy of economic rules over the promotion of ethical norms reinforcing the EU’s neoliberal conception of development. 1 C. Damro, ‘Market Power Europe: Exploring a Dynamic Conceptual Framework’ (2015) 22 Journal of European Public Policy 1336–54. 2 I. Manners, ‘The Normative Ethics of the European Union’ (2008) 84 International Affairs 45–60.
Keywords: Development Studies; Economics and Finance; Law - Academic; Politics and Public Policy (search for similar items in EconPapers)
Date: 2017
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