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)
“Conversation is a traffick; and if you enter into it, without some stock of knowledge, to ballance the account perpetually betwixt you,—the trade drops at once: and this is the reason ... why travellers have so little [good] conversation with natives,—owing to their [the natives’] suspicion ... that there is nothing to be extracted from the conversation ... worth the trouble of their bad language.”
—Laurence Sterne (1713–1768)
“Happy will that house be in which the relations are formed from character; after the highest, and not after the lowest order; the house in which character marries, and not confusion and a miscellany of unavowable motives.”
—Ralph Waldo Emerson (1803–1882)