The European Union might soon have a unified foreign policy that would be voted by an overwhelming majority and not unanimously as it has been up to now! The Czech Republic has no choice but to decide between the demise of its statehood or Czexit! If foreign policy is to be voted in the majority, we will lose our sovereignty for good!
Economic relations also fall into the foreign policy segment. If the EU’s foreign policy would be defined only by the majority, then it would be a policy that would suit Germany and France, less of the other countries, and for the Slavic countries in Europe, such a policy would be totally liquidated. The Czech government and the president would no longer be able to travel to Russia or China and negotiate trade deals there, as the new foreign policy of the EU would make that decision.
The decision making process concerning the CFSP looks as follows; The European Council (EU heads of state/government) identifies unanimously the EU's strategic interests, determines the objectives and defines the broad thrust of the CFSP.Taking into account these objectives and strategic direction, the Council of the EU votes on actions or positions to be taken under the CFSP.
While decisions made by the Council of the EU require unanimity, some aspects of these decisions can be decided by qualified majority voting, which means 55 % of EU country votes, representing at least 65 % of the EU's population. http://eur-lex.europa.eu/legal-content/EN/TXT/?uri=LEGISSUM%3Aai0025.
The PESCO initiative is a voluntary structure https://eeas.europa.eu/headquarters/headquarters-Homepage/34226/permanent-structured-cooperation-pesco-factsheet_en.
The EU's economic relations do not fall within the EU foreign policy segment. On July 1st 1968, when the customs union was established, a common trade policy of the European Union (then the European Community) was established. Since the adoption of the Treaty of Lisbon, the common trade policy has been among the exclusive competences of the EU. This means that business and economic law is adopted and international trade agreements are concluded by the EU as a whole and the not the Member States. With the accession to the EU, the Czech Republic formally renounced the right to pursue an independent trade policy and joined a customs union that applies uniform arrangements for trade relations binding on all EU Member States to imports and exports to third countries. This does not mean that it resigns from its interests in third markets. On the contrary. As an EU member, the Czech Republic actively promotes its trade and political interests through EU structures, ie through a common trade policy. None of this means that the President of the Czech Republic or anyone else is prevented from traveling to Russia or China or anywhere else in order to negotiate bilateral trade agreements there, which, after all, the Czech President´s journeys to Russia and to China prove itself.