Judicial Review of the EU’s Common Foreign and Security Policy: Lessons from the Rosneft case

On 28 March 2017, the Grand Chamber of the EU Court of Justice (CJEU) decided in a preliminary ruling that the restrictive measures adopted by the Council against Russian undertakings, including oil company Rosneft, are valid. The judgment is of constitutional significance. It clarifies the scope of the CJEU’s jurisdiction with respect to acts adopted in the sphere of the EU’s Common Foreign and Security Policy (CFSP). In particular, it reveals that the EU system of judicial protection fully applies in relation to restrictive measures against natural and legal persons (so-called ‘targeted sanctions’).

Continue Reading →