Regional Trade Agreements

EFTA

Canada
EC
United Chinese
States China Taipei Japan
Egypt Israel
Morocco Bahrain
Jordan Korea
Thailand
Mexico CARIFORUM
ECOWAS GCC
ASEAN
ESA
Panama India
CEMAC PA
Singapore EP CI
A F IC
DC
SA
MERCOSUR SACU Australia
Chile

S. Africa
N. Zealand

Notified RTAs
Under Negotiations/Signed
Proposed
Ing. Tomáš Dudáš, PhD.
European Economic Area
The European Union
Set of agreements among countries of
Western Europe in the realms of economics,
foreign and security policies, and justice and
home affairs
Extend back to the Marshall Plan under which
United States aided in the reconstruction of Europe
after World War II
1992 marked the official completion of a
common market in which barriers to labor and
physical capital were to be removed
Actual completion of a common market is still in
process
5
The Evolution of the European
Union

6
EU and the world
economy
Growth of EU 2008: 0,8%
GDP of 14,94 billion USD (2008)
Bigger than USA
2 times bigger than Japan
5 times bigger than China
Global exports 2008: EU and global competitors
EU: 38.9%
USA: 8.7%
Japan: 5.3%
Employment in R&D intense industries
EU 6.9%
USA 4.9%
Best universities in the world according to
Shanghai 500
EU external trade relations
Customs union – Andorra, San Marino and Turkey
Associated countries – mainly Balkans and North
Africa
GSP under WTO rules
EU and ACP countries
EU – South Korea FTA (under negotiation)
Negotiations with ASEAN and India