Trade
EU trade agreements accelerate EU export growth and support diversification
According to the fifth Annual Report on Implementation and Enforcement of EU Trade Policy published, the EU's large network of trade agreements helps companies find alternative markets for their exports, while reducing dependencies in a challenging geopolitical environment.
The report, covering 2024 and the first half of 2025, concludes that EU trade agreements increase the resilience and competitiveness of EU economic operators, and EU trade agreements also support diversification and supply chain stability. The EU is actively expanding its network of trade agreements. Two new EU preferential agreements entered into force last year – a free trade agreement with New Zealand, and an Economic Partnership Agreement with Kenya. This brings the total number of EU trade agreements currently in place to 44, covering 76 preferential trade partners.
Trade and Economic Security Commissioner Maroš Šefčovič (pictured) said: “Trade agreements make the EU more resilient in the face of geopolitical challenges by providing safer, more diverse sources of supply for our imports and stable markets for our exports. The agreements not only remove tariffs but also support regulatory coherence and international standards, which in turn reduces costs for economic operators. Securing the widest possible range of markets is vital for EU businesses in these turbulent times for international trade.”
More information is available in our press release.
Share this article:
EU Reporter publishes articles from a variety of outside sources which express a wide range of viewpoints. The positions taken in these articles are not necessarily those of EU Reporter. Please see EU Reporter’s full Terms and Conditions of publication for more information EU Reporter embraces artificial intelligence as a tool to enhance journalistic quality, efficiency, and accessibility, while maintaining strict human editorial oversight, ethical standards, and transparency in all AI-assisted content. Please see EU Reporter’s full A.I. Policy for more information.
-
China-EU5 days agoWhat will China’s 15th Five-Year Plan bring to the world?
-
European Commission4 days ago'A tax plan that will blow up Europe': Industry blasts Von der Leyen and Hoekstra as TED revolt erupts across EU
-
UK5 days agoThe cost of living remains the most pressing issue facing the UK
-
Syria5 days agoSyria 'at risk of Balkanisation'
