What is the Lisbon Treaty?
The Treaty of Lisbon entered into force on December 1, 2009. The Treaty of Lisbon does not repeal or replace the existing treaties but amends and updates them. The EU is now governed by two consolidated Treaties: the Treaty on European Union (TEU) and the Treaty on the Functioning of the European Union (TFEU).
The main change for agriculture is the extension of the “ordinary legislative procedure” link to OLP page to agriculture and fisheries. Where before Commission proposals in these areas were adopted by the Council only, the Lisbon Treaty gives the European Parliament equal legislative power. The Lisbon Treaty also introduced a new procedure to adopt the EU budget and a new role for national parliaments who now have 8 weeks to scrutinize draft EU laws.