ABSTRACT
This paper considers the implications of the intergovernmental conferences (IGCs) on economic and monetary union (EMU) and political union (EPU) for the relations between the European Union and its international partners. The IGCs were concluded in Maastricht with an agreement, the Treaty on European Union, reached in December 1991 and initialed in February 1992. The new Treaty, which when ratified during 1992, will create a European Union consisting of three columns, an extended and strengthened European Community (EC), common foreign and security policy (CFSP) and common internal security measures. 1
