The European Union and the Treaty of Lisbon. Prospects of a new internal dynamics with external implications?

The article focuses on some changes that the Lisbon Treaty will imply for the European Union (EU), particularly those related to its common foreign policy. It examines some of the ‘traditional' ways of conducting EU's relations with Latin America, as well as the new European approach, which includes the choice of Brazil as a strategic partner. Finally, some comments are made concerning the likely evolution of interregional ties with a view to the Lima Summit, to be held in May 2008.