The President directs foreign policy and international relations, accepts, ratifies, and denounces treaties and agreements in accordance with the Constitution (Article 183.o of the Constitution), and submits to the consideration of the Congress prior to its ratification, the treaties and agreements concerning public services (Article 183.k of the Constitution). The Congress approves them when they (i) affect the existing laws where the Constitution may require the same majority of votes, (ii) affect the power of the nation, establish the economic or political union of central America, whether partial or total, or attribute or transfer competences to organs, institutions, or mechanisms created for an ordained juridical community to realize regional and common objectives, (iii) obligate the State financially in proportion that it exceeds one percent of the ordinary budget or when the amount of the obligation is indeterminate, (iv) constitute a pledge to submit any matter to international judicial or arbitral decision, and (v) contain a general arbitration clause or one for submission to international jurisdiction (Article 171.k of the Constitution).