The Parliamentary Committee of International Trade is responsible for:
Matters relating to the establishment and implementation of the Union's common commercial policy and its external economic relations, in particular:
Financial, economic and trade relations with third countries and regional organisations
Measures of technical harmonisation or standardisation in fields covered by instruments of international law
Relations with the relevant international organisations and with organisations promoting regional economic and commercial integration outside the Union
Relations with the World Trade Organisation, including its parliamentary dimension.
The committee liaises with the relevant interparliamentary and ad hoc delegations for the economic and trade aspects of relations with third countries