Designing a coherent European Community Investment (and Trade) Policy

Julien Chaisse, World Trade Institute, Bern

Abstract

Since 1957, the EC has had to change and develop its institutional law (or primary legislation), which defines the concept and the scope of the CCP, to follow as much as possible the protean mutations of the international trade system governance. The evolution of the CCP which shows a strong and progressive increase in the EC competence, as well as simultaneously presumes an accepted erosion in the sovereignty of the EC Member States. Time has come now to include investment in the EC trade policy so as to reunify trade and investment policies in one hand.