Treaty of Amsterdam
Following the adoption of the Treaty of Amsterdam, sanctions imposed on an EU Member State for a serious and persistent breach of fundamental rights requires Parliament's assent under Article 7 of the EU Treaty.
In its opinion on the 2000 Intergovernmental Conference, the European Commission argued in favor of extending this procedure to apply to the conclusions of agreements having global economic and commercial implications.
Read more about this topic: Consent Procedure
Famous quotes containing the words treaty and/or amsterdam:
“No treaty is ever an impediment to a cheat.”
—Sophocles (497–406/5 B.C.)
“The Jew is neither a newcomer nor an alien in this country or on this continent; his Americanism is as original and ancient as that of any race or people with the exception of the American Indian and other aborigines. He came in the caravels of Columbus, and he knocked at the gates of New Amsterdam only thirty-five years after the Pilgrim Fathers stepped ashore on Plymouth Rock.”
—Oscar Solomon Straus (1850–1926)