TITLE V - THE UNION'S EXTERNAL ACTION
CHAPTER VI - INTERNATIONAL AGREEMENTS
ARTICLE III-323
1. The Union may conclude an agreement with one or more third countries or international
organisations where the Constitution so provides or where the conclusion of
an agreement is necessary in order to achieve, within the framework of the Union's
policies, one of the objectives referred to in the Constitution, or is provided
for in a legally binding Union act or is likely to affect common rules or alter
their scope.
2. Agreements concluded by the Union are binding on the institutions of the
Union and on its Member States.
ARTICLE III-324
The Union may conclude an association agreement with one or more third countries or international organisations in order to establish an association involving reciprocal rights and obligations, common actions and special procedures.
ARTICLE III-325
1. Without prejudice to the specific provisions laid down in Article III-315, agreements between the Union and third countries or international organisations shall be negotiated and concluded in accordance with the following procedure.
2. The Council shall authorise the opening of negotiations, adopt negotiating
directives, authorise the signing of agreements and conclude them.
3. The Commission, or the Union Minister for Foreign Affairs where the agreement
envisaged relates exclusively or principally to the common foreign and security
policy, shall submit recommendations to the Council, which shall adopt a European
decision authorising the opening of negotiations and, depending on the subject
of the agreement envisaged, nominating the Union negotiator or head of the Union's
negotiating team.
4. The Council may address directives to the negotiator and designate a special
committee in consultation with which the negotiations must be conducted.
5. The Council, on a proposal by the negotiator, shall adopt a European decision
authorising the signing of the agreement and, if necessary, its provisional
application before entry into force.
6. The Council, on a proposal by the negotiator, shall adopt a European decision concluding the agreement.
Except where agreements relate exclusively to the common foreign and security
policy, the Council shall adopt the European decision concluding the agreement:
(a) after obtaining the consent of the European Parliament in the following
cases:
(i) association agreements;
(ii) Union accession to the European Convention for the Protection of Human
Rights and Fundamental Freedoms;
(iii) agreements establishing a specific institutional framework by organising
cooperation procedures;
(iv) agreements with important budgetary implications for the Union;
(v) agreements covering fields to which either the ordinary legislative procedure
applies, or the special legislative procedure where consent by the European
Parliament is required. The European Parliament and the Council may, in an urgent
situation, agree upon a time-limit for consent.
(b) after consulting the European Parliament in other cases. The European Parliament
shall deliver its opinion within a time-limit which the Council may set depending
on the urgency of the matter. In the absence of an opinion within that time-limit,
the Council may act.
7. When concluding an agreement, the Council may, by way of derogation from paragraphs 5, 6 and 9, authorise the negotiator to approve on the Union's behalf modifications to the agreement where it provides for them to be adopted by a simplified procedure or by a body set up by the agreement. The Council may attach specific conditions to such authorisation.
8. The Council shall act by a qualified majority throughout the procedure.
However, it shall act unanimously when the agreement covers a field for which unanimity is required for the adoption of a Union act as well as for association agreements and the agreements referred to in Article III-319 with the States which are candidates for accession.
9. The Council, on a proposal from the Commission or the Union Minister for
Foreign Affairs, shall adopt a European decision suspending application of an
agreement and establishing the positions to be adopted on the Union's behalf
in a body set up by an agreement, when that body is called upon to adopt acts
having legal effects, with the exception of acts supplementing or amending the
institutional framework of the agreement.
10. The European Parliament shall be immediately and fully informed at all stages
of the procedure.
11. A Member State, the European Parliament, the Council or the Commission may
obtain the opinion of the Court of Justice as to whether an agreement envisaged
is compatible with the Constitution. Where the opinion of the Court of Justice
is adverse, the agreement envisaged may not enter into force unless it is amended
or the Constitution is revised.
ARTICLE III-326
1. By way of derogation from Article III-325, the Council, either on a recommendation from the European Central Bank or on a recommendation from the Commission and after consulting the European Central Bank, in an endeavour to reach a consensus consistent with the objective of price stability, may conclude formal agreements on an exchange-rate system for the euro in relation to the currencies of third States. The Council shall act unanimously after consulting the European Parliament and in accordance with the procedure provided for in paragraph 3.
The Council, either on a recommendation from the European Central Bank or on
a recommendation from the Commission and after consulting the European Central
Bank, in an endeavour to reach a consensus consistent with the objective of
price stability, may adopt, adjust or abandon the central rates of the euro
within the exchange-rate system. The President of the Council shall inform the
European Parliament of the adoption, adjustment or abandonment of the central
rates of the euro.
2. In the absence of an exchange-rate system in relation to one or more currencies
of third States as referred to in paragraph 1, the Council, acting either on
a recommendation from the European Central Bank or on a recommendation from
the Commission and after consulting the European Central Bank, may formulate
general orientations for exchange-rate policy in relation to these currencies.
These general orientations shall be without prejudice to the primary objective
of the
European System of Central Banks, to maintain price stability.
3. By way of derogation from Article III-325, where agreements on matters relating
to the monetary or exchange-rate system are to be the subject of negotiations
between the Union and one or more third States or international organisations,
the Council, acting on a recommendation from the Commission and after consulting
the European Central Bank, shall decide the arrangements for the negotiation
and for the conclusion of such agreements. These arrangements shall ensure that
the
Union expresses a single position. The Commission shall be fully associated
with the negotiations.
4. Without prejudice to Union competence and Union agreements as regards economic and monetary union, Member States may negotiate in international bodies and conclude agreements.