European Union Trade Policy

The European Union’s trade policy aims to promote economic growth and stability by creating a unified approach to international trade. It involves negotiating trade agreements, setting common rules to facilitate the movement of goods and services between member countries and with other nations, and ensuring fair competition. The EU works to remove barriers like tariffs and import restrictions, while also promoting standards that protect consumers and the environment. Essentially, it acts as a single economic entity to strengthen trade relationships, increase competitiveness, and support sustainable development across its member states.