EU Proposes Update To Trade Legislation Procedures

Law360, New York (June 15, 2011, 6:55 PM EDT) -- The European Commission revealed its plans Wednesday to further update how the European Union makes decisions about the implementation of trade legislation, including measures regulating textile and steel trade and sanctions imposed against the U.S.

The commission introduced its Omnibus II proposal to give itself so-called delegated powers for certain trade measures, which will allow the EU executive branch to supplement or amend existing trade regulations. The move will let the commission lay out the technical requirements for legislation and adjust existing measures as long as...
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