EU trade agreements

EU trade agreements are partnerships between the European Union and other countries or regions that aim to facilitate trade. They reduce or eliminate tariffs (taxes on imports) and set rules for how businesses interact across borders. These agreements promote economic growth by making it cheaper and easier for EU companies to sell goods and services abroad, and vice versa. They often include provisions on labor rights, environmental standards, and intellectual property, ensuring that trade benefits both parties while upholding certain standards. Overall, they help create a more integrated global economy.