Αποτελέσματα Αναζήτησης
From 1999 to 2010, EU foreign trade doubled and now accounts for over 30% of the EU’s gross domestic product (GDP). The EU is responsible for the trade policy of the member countries and negotiates agreements for them.
- Exporting From The EU and Importing Into The EU
Here you can find all tariffs, import procedures and...
- Summaries of EU Legislation on Trade
The European Union (EU) is the world’s largest exporter....
- EU Trade agreements
The value of EU trade covered by the vast network of 42...
- Making trade policy
What is trade policy? The European Union manages its trade...
- EU position in world trade
Together, the European Union's members account for 16% of...
- Exporting From The EU and Importing Into The EU
Trade policy is an exclusive EU competence, meaning the EU as a whole, rather than individual member states, has the power to legislate on trade matters and conclude international trade agreements (article 207 of the Treaty on the Functioning of the European Union - TFEU).
11 Ιαν 2024 · What is the EU’s trade policy? Trade policy is an exclusive EU competence. This means it is the EU that legislates on trade matters and concludes international trade agreements and not the member states.
The value of EU trade covered by the vast network of 42 agreements with 74 partners in place in 2023 was more than €2.3 trillion, having risen by over 30% over the past five years, according to the Annual Report on the implementation and enforcement of EU trade policy published today.
Traditionally, EU trade policy has been a flagship area in which the EU exercises exclusive competence. Since the 1980s, Member States have mandated the European Commission to pursue trade liberalisation and increase market access for EU companies in foreign countries.
What is trade policy? The European Union manages its trade and investment relations with non-EU countries through its trade and investment policy. Trade outside the EU is an exclusive responsibility of the EU, rather than the national governments of member countries.
Together, the European Union's members account for 16% of world imports and exports (2022 data). Why does it matter? The development of trade – if properly managed – is an opportunity for economic growth.