While the Lisbon Treaty aimed to simplify the legislation applicable to the EU`s external action, the book shows that the existing legal, institutional and procedural framework remains complex and can create great uncertainty. The Environmental Goods Agreement (ITA), currently under negotiation, aims to deregulate the market for environmental goods. While the EGA is negotiated as a plurilateral agreement (i.e. by a small number of WTO member states), there is hope that it will later become a multilateral agreement that will be adopted by all WTO members. The initiative builds on APEC`s List of Environmental Goods, a document adopted in Vladivostok in September 2012, which sets the goal of limiting tariffs to a total of 54 environmental goods to a maximum of 5% of the value of these goods by 2015. However, the book goes far beyond the issue of optional vs.