EU-Singapore Free Trade Agreement, Investment Protection Agreement and Digital Trade Agreement
area Free-trade area Currency union Customs union Single market Economic union Fiscal... Democrats for Europe Alliance of Liberals and Democrats for Europe Party Arab Liberal Federation...
Current state of play on trade agreements.
Europe is the world's largest exporter of manufactured goods and services, and is itself the biggest export market for around 80 countries. The development of trade – if properly managed – is an opportunity for economic growth. So EU trade policy seeks to create growth and jobs by increasing the opportunities for trade and investment with the rest of the world. We have a secure legal investment framework that is among the most open in the world. ...
Ensure protection of geographical indications; ; Pursue ambitious commitments on trade and sustainable development, and; ; Make sure the agreed rules are enforceable.
Trade agreements are an important driver for sustainable growth both in the EU and in partner countries. Modern EU trade agreements contain rules on trade and sustainable development.
The EU-New Zealand trade agreement ; The trade agreement between the European Union and New Zealand entered into force on 1 May 2024. ; Bilateral trade in goods between the two partners has risen steadily in recent years, reaching almost €9.1 bn in 2022. ; The EU is New Zealand's third-biggest trading partner. ; According to an impact assessment on the FTA, trade between New Zealand and the EU is expected to increase by 30%, with removing tariffs alone saving businesses €140 million in duties per year. Moreover, EU investment flows into New Zealand could increase by over 80%.
Trade picture ; The EU is Pakistan's second most important trading partner, accounting for 15.3% of Pakistan's total trade in 2023. ; Pakistani exports to the EU are dominated by textiles and clothing, accounting for 73.2% of Pakistan's total exports to the EU in 2023. ; Pakistan's imports from the EU are mainly comprised of machinery and transport equipment (23.9% in 2023) as well as chemicals (19.8% in 2023).
Trade picture ; Bilateral trade in goods between the two partners equalled €44.7 billion in 2023. EU goods imports from Malaysia stood at €29.1 billion in 2023, while EU goods exports reached €15.6 billion last year. Trade in services amounted to almost €11 billion in 2022. The EU is the fourth-largest trading partner of Malaysia (after China, Singapore, and the United States), accounting for 9.5% of the country’s total trade in goods in 2023. In 2023, Malaysia was the EU’s third-lar...
Joint Statement of Albania, Australia, Austria, Belgium, Bulgaria, Canada, Chile, Costa Rica, Croatia, Cyprus, Czech Republic, Denmark, Ecuador, Estonia, European Union, Finland, France, Georgia, Germany, Greece, Ireland, Iceland, Italy, Japan, Republic of Korea, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Montenegro, The Netherlands, New Zealand, North Macedonia, Republic of Moldova, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, Separate Customs Territory of Tai...