The European Union (EU) is a political and economic union that comprises 27 member states located primarily in Europe. The EU is established under the Treaty of Lisbon, which aims to promote peace, stability, and economic prosperity within its member states. One of the ways the EU achieves these objectives is through interinstitutional agreements (IIAs).
An interinstitutional agreement is a formal agreement between the three main institutions of the EU, namely the European Parliament, the Council of the EU, and the European Commission. These agreements are used to establish procedures and guidelines for cooperation between the institutions and to ensure that the EU functions smoothly and effectively.
The purpose of IIAs is to ensure that the EU institutions work together effectively to promote the interests of the Union. These agreements are used to establish rules and procedures that govern the work of the EU institutions and ensure that they work together effectively and efficiently.
IIAs cover a wide range of areas and topics, including budgetary matters, legislative procedures, and policy development. They also cover issues related to the functioning of the EU institutions, including the role of the European Court of Justice, the procedures for appointing key EU officials, and the rules governing the functioning of the EU institutions.
One recent example of an interinstitutional agreement is the decision taken by the EU institutions in December 2019 to establish a new College of Commissioners. The decision was made as part of a broader effort to strengthen the EU’s institutional framework and ensure that it remains effective and efficient in the face of new challenges and changing circumstances.
Another example is the interinstitutional agreement on Better Lawmaking, which was signed in December 2016. This agreement aims to improve the quality of EU legislation, simplify EU laws, and reduce the administrative burden on businesses and citizens.
Overall, interinstitutional agreements are a key tool for ensuring that the EU institutions work together effectively and efficiently. They help to promote the interests of the EU and ensure that its institutions are able to function effectively and deliver on their objectives. As such, they are an important aspect of the EU’s institutional framework and will continue to play a vital role in shaping its future.