Universidad del Norte. Negocios Internacionales. Asignatura: Integración Económica

1. European Union Trade Agreements Karen Bonivento Mohammed Hamdan Laura Rodríguez Daniel Salcedo

2. Agenda History Members Level of integration Role in World Trade Trade goods Level of exports and imports: industries and partners Agreements with countries and blocs Future

3. Introduction What is the European Union? A unique economic and political partnership between 27 democratic European countries. What are its aims? Peace, prosperity and freedom for its 498 million citizens — in a fairer, safer world.

4. History

5. Member States Source: EuropeanComission

7. Abolishment of Customs duties internally

9. European Central Bank

11. Trade goods Source: CIA

12. Trade Partners: Extra 2009

13. Trade Partners: Intra

14. Level of Exports and Imports / Industries and Partners 2009

19. EU is committed to open trading relations with China.

20. Issues to be seen in detail:

21. trades fairly, respects intellectual property rights and meet its WTO obligations.EU goods exports to China 2009: €81.6 billion Machinery and transport equipment, miscellaneous manufactured articles, chemicals EU goods imports from China 2009: €214.7 billion The same but NO chemicals

23. EU goods exports to India 2007: €26.2 billion

25. EU-Russia relations: ongoing WTO negotiations on a new agreement to replace the current Partnership and Co-operation Agreement(PCA)

26. PCA:

27. EU imports from Russia mostly not subject to any restrictions.

28. EU restrictions, in the steel sector, are addressed under a bilateral agreement (steel quotas )

29. Imports from Russia: energy and mineral fuels products, manufactured goods chemicals and raw materials.

32. 20.7% of total Mercosur trade

33. In 2009, Mercosur ranks 8th among EU trading partners

34. 2.7% of total EU trade.

35. EU market for agricultural exports (19.8% of total EU agricultural imports)

36. Mercosur market for industrial products:

38. non-binding dialogue forum based on equality and consensus

39. three pillars: addresses political, economic and cultural issues

42. Contribute to sustainable development

44. Source of significant energy imports for the EU

45. EU imports: crude oil, gas, metals and cotton fiber

46. EU exports: machinery and transport equipment.

48. This region has actively sought to widen its export markets in Europe

49. Export to the EU: agricultural products (coffee, bananas and other fruits, together= 36% of exports to the EU in 2007)

51. Institutional process of updating the rules governing the relations between the member countries

52. More members joining the Eurozone