Global Trade Relations
The bulk of the EU's external trade is done with China, Mercosur and the United States, Japan, Russia and non-member European states.
EU members are represented by a single official at the WTO.
The EU is involved in a few minor trade disputes. It had a long running dispute with the USA of allegedly unfair subsidies the US government gives to several companies, such as Boeing. The EU has a long running ban prohibiting arms trade with the Chinese. The EU issued a brief accusing Microsoft of predatory and monopolistic practices.
Read more about this topic: Economy Of Europe
Famous quotes containing the words global, trade and/or relations:
“As the global expansion of Indian and Chinese restaurants suggests, xenophobia is directed against foreign people, not foreign cultural imports.”
—Eric J. Hobsbawm (b. 1917)
“Unless we do more than simply learn the trade of our time, we are but apprentices, and not yet masters of the art of life.”
—Henry David Thoreau (1817–1862)
“I only desire sincere relations with the worthiest of my acquaintance, that they may give me an opportunity once in a year to speak the truth.”
—Henry David Thoreau (1817–1862)