This is in the Top 4 items of the Lisbon Treaty At A Glance document on the Europa Website (link below). Is this what anyone in the UK voted for? Anyway enough with the prelude, what does this really mean for any of us?
It gives the EU itself the power to negotiate, implement trade agreements and treaties with other countries. Many people may have heard about the TTIP (Trans Atlantic Trade & Investment Partnership) well you have no say over this now. As of 1st December 2014 the EU has the legal right under the Lisbon Treaty to negotiate investment & trade on behalf of the EU states without any permissions from any state.
The EU basically becomes a Limited Company & thus has all the rights, obligations, freedom to contract with anyone anywhere because it is a Legal Personality. So they can decide who to contract with, what for, how long & at what cost.
Questions arise from this include;
1) will the EU make contractual arrangements that are in the best interests of the people in the member states?
2) will they always ensure fair trading & allow tenders from around the world for any items/services they wish to procure?
3) how many new employees will the EU need to employ in order to facilitate this single trading arm?
4) will the EU be bound to purchase the best product at the best price?
5) who will monitor the EU procurement to ensure it is getting the best deal for the people of the EU?
This brings about for all intents & purposes EU PLC – it can do anything any other company can do. Some of us may not like what they do, do we have a right to challenge any contract?
Sort of is the answer, if 1million people throughout the EU get together to force a debate on any policy, trade agreement etc then they might get heard!!!
So basically this Treaty has signed away much of our rights to organise any free trade or other trade with any country.
The EU is now the all powerful behemoth which has now taken over our countries. “the EU is therefore able to speak and take action as a single entity”!
We have no way of changing this, we cannot veto anything. Our only choice now is to invoke article 50 and get out.
The EU is not run on the lines of a commercial entity. It hasn’t had its accounts audited & signed off for 19 years. So the EU PLC would have been shut down!
The EU can even take us to war!!!
Take a look for yourself;
So folks we are essentially a small part of a company; our shares do not give us enough voting rights, will not allow us to rescind any contract negotiated by the EU, even if it is a bad deal for the UK.
Welcome to the United States of Europe.