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EU Law after Lisbon$
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Andrea Biondi, Piet Eeckhout, and Stefanie Ripley

Print publication date: 2012

Print ISBN-13: 9780199644322

Published to Oxford Scholarship Online: May 2012

DOI: 10.1093/acprof:oso/9780199644322.001.0001

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Towards an EU Policy on Foreign Direct Investment

Towards an EU Policy on Foreign Direct Investment

Chapter:
(p.312) 15 Towards an EU Policy on Foreign Direct Investment
Source:
EU Law after Lisbon
Author(s):

Federico Ortino

Piet Eeckhout

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780199644322.003.0015

From the entry into force of the Treaty of Lisbon the common commercial policy extends to ‘foreign direct investment’ (Article 207(1) TFEU), and aims at the progressive abolition of restrictions on such investment (Article 206 TFEU). In the light of the exclusive nature of the EU's commercial policy competence (Article 3(1) TFEU), this constitutes one of the most important expansions of the EU's competences in the whole of the Lisbon Treaty. This chapter focuses on two main issues: the scope of the EU's new competence regarding foreign investment and some of the challenges facing the EU in shaping a common investment policy.

Keywords:   common commercial policy, foreign direct investment, competence, common investment policy

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