Treaty of Nice
Treaty of Nice: a European Union treaty concluded on 11 December 2000 and expected to enter into force by the end of 2002 or early 2003. The main purpose of the Treaty of Nice is to prepare European Union institutions for the enlargement likely to occur over the next few years. It introduces new decision-making procedures for the Council of the European Union. In 2005 the treaty will limit the number of commissioners to one per member, and the total number of commissioners will be capped permanently at fewer than 27 once the Union reaches 27 members.
Source: http://ctrc.sice.oas.org/trc/WTO/Documents/Dictionary%20of%20trade%20%20policy%20terms.pdf
Web site to visit: http://ctrc.sice.oas.org
Author of the text: W. Goode
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