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The strength of the EU economy on global scale
The EU is the world´s largest economy - 20 % of world GDP
World´s largest trading block
Between 10 top trading countries 4 are from the EU (Germany,
Netherlands, France and Italy)
Five of the 10 most competitive countries are from the EU
(Finland, Sweden, Netherlands, Germany and UK)
The EU MNC are global players (14 from top 20 non financial
companies are European)
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Future of EU trade policy
Objectives:
Sustainable prosperity in the EU
Support development of poor countries
Support peace, democracy, HR and the rule of law
We are all better off when markets are open to trade
Trade can also promote our values, spread peace