eu trade bloc

8/4/2019 Eu Trade Bloc

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EU

The EU has become one of the most powerfultrading bloc in the world with a GDP nearly aslarge as that of the United States.

the largest importer of agricultural productsfrom developing countries, and maintainsclose links to its former colonies in the ACPgroup through trade preferences and aid

deals. The EU has a single trade policy


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Members

Austria

Belgium

Cyprus

Czech Republic

Denmark Estonia

Finland

France

Germany

Greece

Hungary

Ireland

Italy

Latvia

Lithuania

Luxembourg

Malta

Netherlands Poland

Portugal

Slovakia

Slovenia

Spain

Sweden

United Kingdom


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Membership CriteriaMembership criteria require that the candidate

country must have achieved;

stability of specific organisations guaranteeingdemocracy, the rule of law, human rights and respect

for and protection of minorities the existence of a functioning market economy as

well as the ability to cope with competitive pressureand market forces within the Union

the ability to take on the obligations of membershipincluding the loyalty to the aims of political,economic & monetary union (Same currency in two

or more countries).


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Reasons for Membership Criteria change

Many Europeans are concerned about the final

borders of the EU and its identity The status of some countries may be called into

question if certain countries are allowed in to the EU

Imbalances may be created through the entry ofcertain countries

The EUs ability to function may be compromised inaccordance to the fundamental principals of theTreaties

The confusion of which language is the officiallanguage of the EU and the issue that certainnational or regional identities are being dilutedwithin a standardised EU.


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Membership Changes


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To create and improve economy and jobs whileusing trade as a tool for improvement anddevelopment.

To support the fight to protect the environment.

To reverse Global Warming.

Improve working conditions in developingcountries.

Ensure the highest standards in health and safetypolicies in buying and selling products.


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Imports and Exports

The EU is the worlds largest trading bloc and accounts for 20% ofglobal trade. Globally the EU has the largest exports in the

agricultural sector.


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Tariffs

High for importation of agricultural goods.

Making it impossible for developing countries to competein the agricultural sector.

Although the EU has offered to halve the previous

arrangements tariff, this is unhelpful as the EU tariffs atpresent are halve of the previous arrangement already so infact they are offering nothing.

Exporting ACP countries into the EU have fallen from 6.7%in 1976 to 2.8% in 1999.

173% tariff on lamb, 150% on garlic, 149% on beef, 134%on mushrooms, 118% on bananas, 114% on sugar, 103% onmilk and 101% on rice.


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Tariffs continued...

Less Developed Country (LDC) list are granted(supposedly) full tariff-free access.

But this list does not cover some of the worldspoorest countries, and excludes large poorcountries.

For example Kenya, India, Pakistan and Nigeria

are not included. Furthermore, the list is perversely designed so

that if countries make progress, theyautomatically lose market access.


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Taxes

On average Europe's taxes on food imports are

five times higher than the US rate.

Basic necessities like food and clothing have

high taxes.


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By Rebecca and Charlotte

eu trade bloc

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