ARGUMENTS FOR:
Though the Treaty retains at least 90 per cent of the proposed Constitution - rejected by referenda in France and the Netherlands - it is less than a Constitution and is only a treaty signed (if it is signed) by sovereign states. The distinction is important.
The new treaty reforms some of the EU's institutional structures. Such a reform has been made necessary by the enlargement of the EU, which now comprises 27 member states. No country pushed harder for enlargement than Britain. It would therefore be illogical for us to object now to reforms which are the consequence of that enlargement.
The power of veto will be removed from some 60 areas and replaced by what is called qualified majority voting. (Big countries like Britain, France and Germany have more votes than small ones.) It is true that the UK will therefore no longer be able to block proposals by a veto, and instead will have to build an alliance to do so. But it works both ways: any proposals Britain makes can no longer be blocked by a single dissenting member state.
The second purpose of the Treaty is to enhance European co-operation in matters of common interest such as combating terrorism and taking measures to deal with climate change. The replacement of the six-month rotating Presidency by an elected President will give Europe an identifiable voice in such matters.
The European foreign affairs spokesman or minister will represent Europe only where there is an agreed policy position. The UK and France will retain their permanent seats on the UN Security Council, since this is guaranteed by the UN Charter.
Despite the comparatively modest nature of the treaty, Britain's special position has been recognised by the 'red lines', negotiated by Tony Blair, which allow us to opt out of certain provisions of the new treaty. These will be respected, simply because it is a treaty, just as the opt-out from the Social Chapter, which John Major negotiated at Maastricht, was respected, until unilaterally abandoned by the Blair Government - a British, not a European decision.
None of the positive measures in the treaty applies only to Britain. Their purpose is simply to make the EU work more efficiently, and this is surely desirable.
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