trade

trade

By opening new markets , our economies grow : it can only achieved through a policy active European free trade and investment.
Why do we need a trade policy ?
1. the importance of the Union itself as a partner world and the changes that globalization is introducing into the international scene.
2. The only market which allows the free movement of goods , services, people and capital within the EU is the key element of our ability to create jobs through trade with other countries and regions.
3. The EU is the largest trading partner of 59 countries (China it is only 36 and the USA. UU . 24 ) . European foreign trade goods and services accounts for 35 % of EU GDP , exceeds five percentage points of the US .
4. The globalization
  1. The growing economic powers like China, India and Brazil means more competition does not only in terms of price and quality of goods produced , but also access to energy and to raw materials.
  2. Chinese tariffs imports have been reduced progressively , going from 19.8 % in 1996 to 4.7% in 2012. During the same period, India reduced tariffs of 20.1 % To 7 % and Brazil 13.8 % to 10 %.
    1. Thanks to an active policy of free trade with emerging economies , the EU improves its prospects growth and opens new opportunities Business .
5. Free trade and competitiveness
  1. Maintaining a dynamic economy requires the Union to become more competitive abroad.
  2. Free trade is now more important than ever to grow and create jobs.
    1. Two thirds of our imports are raw materials, intermediate products and components they need EU manufacturers .
How do you develop the EU 's trade policy ?
1. When exporting , companies do not only create employment in the country from which the goods and services , but throughout the Union.
  1. Services They are especially important , as they integrate into the EU in the global supply chains and maintain employment in Europe
2. Free trade agreements
  1. The Union maintains an active policy of negotiating sometimes with its partners in groups regional global agreements to celebrate Free trade.
  2. Such agreements give privileged access to the markets of the signatory countries and allowed as an exception to the basic principle of the Organization World Trade
    1. The agreements vary based on the scope pursued and the capabilities of the country or group of countries with the Trading EU
3. investments
  1. The EU, which is the largest source of foreign investment (FDI ) promotes clear rules for protect this type of financing, critical to the setting up businesses and jobs in the abroad and establish global supply chains .
    1. The aim is to provide legal certainty for investors and provide them with a stable , predictable environment , fair and properly regulated in which they can their activities.
Elements of trade policy
1. The Union is a strong supporter of the proceedings multilateral . It has provided strong support trade negotiations in the framework of Doha Development
  1. The success of the negotiations would bring multiple advantages. World trade would experience a encryption increase at 2% and simplify trade procedures considerably ,
2. Eastern neighbors : in 2013 the EU finalized negotiations to establish a free zone deep and comprehensive trade (DCFTA ) with Moldova , Armenia and Georgia, as part of agreements broader partnership.
  1. Peru and Colombia : the agreement was signed in June 2012 and provisionally applied both countries ( Peru since March 2013 and Colombia since August of 2013).
The future of trade policy
1. The European Union ( EU) is committed to to complete its ambitious trade agenda, as is convinced that the opening of markets and trade is part of the solution to the crisis economic .
  1. Europe is sometimes reproached that expose EU producers to competition unfair imports at low prices. Since quite another perspective, also accuses the Union of trying to enter markets developing countries mainly and destroy local employment
2. Fight protectionism
  1. The EU will continue to fight protectionism then, if she take such measures type, would have much to lose because of their reliance on imported products.
  2. As a leading international trade region, the EU is particularly interested in the existence of markets open and clear regulatory frameworks. Aware of his great responsibility to its own citizens and the rest of world.

Next up

Description

Resource summary

Similar

	Created by Juan Camilo More1741 over 8 years ago